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Net Income (Loss) Per Share
 9 Months Ended
Sep. 30, 2025
Net Income (Loss) Per Share [Abstract]  
Net Income (Loss) Per Share
9. Net Income (Loss) Per Share

 

Basic net income (loss) per share is computed by dividing the net income (loss) for the period by the weighted average number of common shares outstanding during the period. Diluted net income (loss) per share is computed by dividing the net income (loss) for the period by the weighted average number of common and potentially dilutive common shares outstanding during the period. Potentially dilutive common shares consist of the common shares issuable upon the exercise of stock options and warrants. Potentially dilutive common shares are excluded from the calculation if their effect is antidilutive. 

  

At September 30, 2025, there were options, restricted stock units and warrants of 29, 6,992 and 97,752, respectively, outstanding that could potentially dilute future net income per share. Additionally, there were 9,014 shares of common stock from the conversion of notes payable, an additional 325,625 shares of common stock to be issued under the Tysado Conversion, 902,025 shares of common stock from the conversion of Series A Preferred Stock and 4,687,500 shares of common stock from the conversion of Series B Preferred Stock that could potentially dilute net income per share as of September 30, 2025. Because the Company had a net loss as of September 30, 2025, it is prohibited from including potential common shares in the computation of diluted per share amounts. Accordingly, the Company has used the same number of shares outstanding to calculate both the basic and diluted loss per share. At September 30, 2024, there were options, restricted stock units and warrants of 28, 233 and 62,866, respectively, outstanding that could potentially dilute future net income per share.