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Net Loss Per Share | 12 Months Ended
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Dec. 31, 2024
Earnings Per Share [Abstract] |
Net Loss Per Share | Note 11 – Net Loss Per Share The computations of basic and dilutive loss per share of commons stock outstanding for the year ended December 31, 2024 and the nine months ended December 31, 2023 are as follows: Schedule of Basic and Diluted Loss Per Share
|  | Year Ended December 31, 2024 |  |  | Nine Months Ended December 31, 2023 |
Net loss available to common shareholders |  | $ | (23,257,000 | ) |  | $ | (6,398,000 | )
Basic and fully diluted weighted average shares of common stock outstanding |  |  | 65,722 |  |  |  | 24,323 |
Basic and fully diluted net loss per share of common stock |  | $ | (353.87 | ) |  | $ | (263.04 | )
The computation of the fully diluted weighted average number of shares of common stock outstanding for the year ended December 31, 2024 and the nine months ended December 31, 2023 is as follows: Schedule of Diluted Weighted Average Number of Shares
|  | Year Ended December 31, 2024 |  |  | Nine Months Ended December 31, 2023 |
Basic weighted average common shares outstanding |  |  | 65,722 |  |  |  | 24,323 |
Effect of dilutive stock options |  |  | - |  |  |  | - |
Diluted weighted average of common shares outstanding |  |  | 65,722 |  |  |  | 24,323 |
Basic net loss per share is based on the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share reflects the potential dilution assuming shares of common stock underlying in-the-money options and warrants have been issued upon the exercise of the options and warrants and the proceeds thereof were used to purchase shares of the Company’s common stock at the average market price during the period using the treasury stock method. ALGORHYTHM HOLDINGS, INC AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS December 31, 2024 and 2023 For the year ended December 31, 2024, 536 shares of common stock underlying stock options and 563,335 shares of common stock underlying warrants were excluded from the calculation of diluted net loss per share as the result would have been anti-dilutive. For the nine months ended December 31, 2023, 569 shares of common stock underlying stock options and 4,511 shares of common stock underlying warrants were excluded from the calculation of diluted net loss per share as the result would have been anti-dilutive.

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