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LOSS PER COMMON SHARE
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
LOSS PER COMMON SHARE

NOTE 18 – LOSS PER COMMON SHARE

 

Loss per common share-basic is calculated by dividing net loss by the weighted average number of shares of Common Stock outstanding during the period. Net loss per common share-diluted assumes the conversion of all potentially dilutive securities and is calculated by dividing net loss by the sum of the weighted average number of shares of common stock, as defined above, outstanding plus potentially dilutive securities. Net income per common share-diluted considers the impact of potentially dilutive securities. In periods in which the Company reports a net loss, dilutive securities are excluded from the calculation of diluted net loss per share amounts as the effect would be anti-dilutive.

 

The dilutive effect of convertible securities is calculated using the “if-converted method.” Under the if-converted method, securities are assumed to be converted at the beginning of the period, and the resulting shares of common stock are included in the denominator of the diluted calculation for the entire period being presented.

 

 

The Company analyzed the potential dilutive effect of all its agreements; however, for periods presented, the Company reported a net loss. As a result, all potentially dilutive securities were anti-dilutive and therefore excluded from the computation of diluted net loss per share.

 

The calculations of loss per common share for the periods indicated below were as follows:

 

   2026   2025 
   Three Months Ended
March 31,		 
   2026   2025 
Numerator:          
Net loss attributable to Abundia Global Impact Group, Inc.  $(5,229,104)   (1,011,161)
           
Effect of common stock equivalents   -    - 
           
Net loss adjusted for common stock equivalents  $(5,229,104)   (1,011,161)
           
Denominator:          
Weighted average common shares - basic   40,012,656    31,778,032*
           
Dilutive effect of common stock equivalents:          
Options and warrants   -    - 
           
Denominator:          
Weighted average common shares - diluted   40,012,656    31,778,032*
           
Loss per common share - basic  $(0.13)   (0.03)
           
Loss per common share - diluted  $(0.13)   (0.03)

 

* In accordance with ASC 805 the historical shareholders’ equity of AGIG prior to the reverse acquisition has been retrospectively adjusted for the equivalent number of shares received in the Share Exchange with the difference between the par value of these shares and the consideration reflected in Additional Paid-in Capital. See Note 4 – Acquisition

 

For the three months ended March 31, 2026 and 2025, the following warrants, options to purchase shares of common stock, restricted stock awards and approved share awards were excluded from the computation of diluted net loss per common share, as the inclusion of such shares would be anti-dilutive.

  

   2026   2025 
   March 31 
   2026   2025 
Stock warrants   173,848    - 
Stock options   162,668    - 
Unvested restricted stock awards   64,201    - 
Approved share awards   127,500    - 
Total   528,217    -