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Net Loss Per Share
3 Months Ended
Mar. 31, 2025
Net Loss Per Share [Abstract]  
Net Loss Per Share

NOTE 17 – NET LOSS PER SHARE

 

Net loss per common share has been computed on the basis of the weighted-average number of common shares outstanding during the three months ended March 31, 2025 and 2024. Since the Company was in a loss position for the three months ended March 31, 2025 and 2024, basic net loss per share was the same as diluted net loss per share for the period presented.

 

The following table sets forth the computation of (loss) earnings per share:

 

   For the Three Months
Ended
 
   March 31,
2025
   March 31,
2024
 
Numerator        
Net loss – basic and diluted  $(2,006,543)  $(5,002,711)
           
Denominator          
Weighted average shares used to compute net loss per share, basic and diluted   16,019,787    5,744,639 
           
Net loss per share – basic and diluted  $(0.13)  $(0.87)

 

The following potentially dilutive common shares related to outstanding securities for the three months ended March 31, 2025, and 2024 were excluded from the computation of diluted net loss per share because their effect would have been anti-dilutive for the period, see below:

 

   For the Three Months Ended 
   March 31,
2025
   March 31,
2024
 
Warrants   3,635,962    2,469,315 
Common Share options   2,054,121    815,975 
ACI Canada legacy performance options   265,642    272,842 
Total anti-dilutive features   5,955,725    3,558,132