v3.25.4
Net Loss Per Share
 12 Months Ended
Dec. 31, 2024
Net Loss Per Share [Abstract]  
NET LOSS PER SHARE

NOTE 21 — NET LOSS PER SHARE

 

As the Company reported a net loss for the years ended December 31, 2024 and 2023, it was required by ASC 260 to use basic weighted-average shares outstanding when calculating diluted net loss per share for the years ended December 31, 2024 and 2023, as the potential dilutive securities are anti-dilutive.

 

   For the years ended
December 31,		 
   2024   2023 
Numerator:        
Net loss  $(1,138,036)  $(49,206)
           
Denominator:          
Weighted average shares outstanding          
- Basic and diluted   62,956,073    31,596,610 
           
Net loss per share          
- Basic and diluted  $(18.08)  $(1.56)

 

For the years ended December 31, 2024 and 2023, diluted weighted average common stock outstanding is equal to basic weighted average common stock, due to the Company’s net loss position. Hence, no common stock equivalents were included in the computation of diluted net loss per share since such inclusion would have been antidilutive.