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Note 6 - Net Loss Per Share
12 Months Ended
Dec. 31, 2024
NET LOSS PER SHARE  
Net Loss Per Share

6. Net Loss Per Share

 

A reconciliation of the components of basic and diluted net loss per share of common stock is presented in the tables below:

 

 

Fiscal Year Ended

 

 

Six Months Ended

 

 

Fiscal Year Ended

 

 

December 31, 2024

 

 

December 31, 2023

 

 

June 30, 2023

 

Net loss attributable to common stock

 

$

(38,030,291

)

 

$

(40,766,308

)

 

$

(39,741,300

)

Weighted average shares for basic EPS

 

 

10,896,228

 

 

 

9,180,032

 

 

 

7,087,027

 

Effect of dilutive securities

 

 

 

 

 

 

 

 

 

Weighted average shares for diluted EPS

 

 

10,896,228

 

 

 

9,180,032

 

 

 

7,087,027

 

Basic EPS

 

$

(3.49

)

 

$

(4.44

)

 

$

(5.61

)

Diluted EPS

 

$

(3.49

)

 

$

(4.44

)

 

$

(5.61

)

 

There were 100,000 options and 726,375 warrants outstanding as of December 31, 2024. There were 100,000 options and 401,000 warrants outstanding as of December 31, 2023 and June 30, 2023. The options and warrants were not included in the computation of diluted earnings per share for the fiscal year ended December 31, 2024, six months ended December 31, 2023 and fiscal year ended June 30, 2023 due to being anti-dilutive.