Income (Loss) Per Common Share

9 Months Ended

Sep. 30, 2025

Basic and diluted loss per share for the three and nine months ended September 30, 2025 and 2024, respectively, were as follows:


	Three Months Ended				Nine Months Ended
	September 30, 2025		September 30, 2024		September 30, 2025		September 30, 2024
Numerator:
Net loss available to stockholders	$	(2,130,947)	$	(930,408)	$	(4,254,974)	$	(3,574,171)
Denominator:
Weighted average shares outstanding - Basic	28,817,040		24,850,261		26,354,875		24,850,261
Effect of dilutive securities:
Stock options	—		—		—		—
Weighted average shares outstanding - Diluted	28,817,040		24,850,261		26,354,875		24,850,261
Basic loss per share	$	(0.07)	$	(0.04)	$	(0.16)	$	(0.14)
Diluted loss per share	$	(0.07)	$	(0.04)	$	(0.16)	$	(0.14)

Anti-dilutive shares underlying stock options outstanding	243,836		1,726,086		244,836		1,726,086