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Basic and Diluted Net Loss Per Share
6 Months Ended
Jun. 30, 2025
Basic and Diluted Net Loss Per Share [Abstract]  
BASIC AND DILUTED NET LOSS PER SHARE

NOTE 4 – BASIC AND DILUTED NET LOSS PER SHARE

 

Net loss per common share is calculated in accordance with ASC 260, Earnings Per Share. Basic loss per share is computed by dividing net loss by the weighted average number of shares of Common Stock outstanding during the period. Diluted loss per share is computed by dividing net loss by the weighted average number of shares of Common Stock outstanding plus the dilutive effect of unvested restricted stock units (“RSUs”), and outstanding warrants and options. The computation of diluted net loss per share does not include dilutive Common Stock equivalents in the weighted average shares outstanding, as they would be anti-dilutive.

 

Securities that could potentially dilute loss per share in the future that were not included in the computation of diluted loss per share as of June 30, 2025 and 2024, are as follows:

 

   As of June 30, 
   2025   2024 
         
Warrants to purchase Common Stock   4,480,839    4,904,016 
Options to purchase Common Stock   3,500,000    1,750,417 
RSUs issued under a management equity plan   12,161,628    7,337,651 
    20,142,467    13,992,084