Income and (Loss) Per Common Share

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Income and (Loss) Per Common Share

Note 9. Income and (Loss) Per Common Share

The Company calculates net income or loss per common share in accordance with ASC 260, Earnings Per Share. Basic and diluted net income (loss) per common share were determined by dividing net income (loss) applicable to common stockholders by the weighted average number of common shares outstanding during the period.

The Company’s potentially dilutive shares, include shares issuable upon exercise or conversion of outstanding common stock options, common stock warrants, convertible debt and preferred shares which may be used to purchase common stock or receive common stock upon the conversion of issued and outstanding preferred stock, if those options, warrants, debt and preferred shares are exercisable or convertible and at prices below the average share price for the period.

For the year ended December 31, 2025, 8,044,884 of common equivalent shares related to Preferred Shares A and A-2 were added to the basic weighted average shares outstanding to arrive at the diluted weighted average shares outstanding while other potentially dilutive shares were excluded from the calculation based on the exercises price of those shares. For the period ended December 31, 2024, the Company’s potentially dilutive shares were excluded from the computation of diluted loss per share, as inclusion would be anti-dilutive since the Company incurred a loss in such period.

	Years Ended December 31,
	2025		2024
Common equivalent shares		-		8,044,884
Stock options		-		1,100,000
Stock warrants		416,666		550,000
Total shares excluded from calculation		416,666		9,694,884