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Net Loss per Common Share
 3 Months Ended
Mar. 31, 2025
Basic and diluted earnings per common share:  
Net Loss per Common Share

4. Net Loss per Common Share

 

The Company calculates net loss per common share in accordance with ASC 260 “Earnings Per Share” (“ASC 260”). Basic and diluted net loss per common share was determined by dividing net loss applicable to common stockholders by the weighted average number of shares of common stock outstanding during the period.

 

The following potentially dilutive securities have not been included in the computation of diluted net loss per share for the three months ended March 31, 2025 and 2024, as the result would be anti-dilutive:

 

   March 31,   March 31, 
   2025   2024 
Stock options   6,062,239    148,577 
Restricted Stock Units   32,666    44,918 
6% convertible exchangeable preferred stock   3    6 
Series A preferred stock   440    440 
Series D preferred stock   39,021,180    — 
Series E preferred stock   110,000,000    — 
Common stock warrants   24,457,293    635,550 
Total shares excluded from calculation   179,573,821    829,491