Three Months Ended

Nine Months Ended

September 30,
2025

September 30,
2024

September 30,
2025

September 30,
2024

Net income (loss) attributable to common stockholders

$

(3,220,952

)

$

2,053,503

$

116,984

$

692,127

Preferred stock dividends

-

3,883

42,997

27,362

Derivative gain

-

58,116

-

Interest expense associated with convertible debt

-

(3,513,655

)

-

Net loss for dilutive calculation

(3,220,952

)

2,057,386

(3,295,558

)

719,489

Weighted average shares outstanding

12,097,157

6,348,878

11,066,795

5,916,675

Dilutive effect of preferred stock

-

7,394

-

7,394

Dilutive effect of convertible debt

-

5,295,276

-

Dilutive effect of common stock warrants

-

628,357

37,556

628,357

Weighted average shares outstanding for diluted net income (loss) per share

12,097,157

6,984,629

16,399,627

6,552,426