Annual report [Section 13 and 15(d), not S-K Item 405]

EARNINGS PER SHARE (Tables)

v3.25.1
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
SCHEDULE OF ANTI DILUTIVE SECURITIES

The following potentially dilutive securities were excluded from the calculation of diluted net loss per share because the effects were anti-dilutive based on the application of the treasury stock method and because the Company incurred net losses during the period:

 

    2024     2023  
    Years Ended December 31,  
    2024     2023  
Convertible notes payable     516,105       365,274  
Preferred shares     301,900       -  
Restricted stock units     49,704       17,178  
Warrants to purchase shares of common stock     1,100       78,000  
Total potentially dilutive shares     868,809       460,452  
SCHEDULE OF COMPUTATION OF BASIC AND DILUTED NET INCOME PER SHARE

The following table sets forth the computation of basic and diluted net income per share:

 

    2024     2023  
    Years Ended December 31,  
    2024     2023  
             
Net loss attributable to the common stockholders   $ (3,340,212 )   $ (4,145,936 )
                 
Basic weighted average outstanding shares of common stock     1,332,449       1,100,372  
Dilutive effect of options and warrants     -       -  
Diluted weighted average common stock and common stock equivalents     1,332,449       1,100,372  
                 
Loss per share:                
Basic and diluted   $ (2.51 )   $ (3.77 )