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

Net Loss Per Share (Tables)

v3.26.1
Net Loss Per Share (Tables)
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Summary of Calculation of Basic and Diluted Net Loss Per Share applicable to Common Stockholders

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(48,259,189

)

 

$

(27,519,886

)

Denominator:

 

 

 

 

 

 

Weighted-average number of shares outstanding – basic and diluted

 

 

98,310,190

 

 

 

23,712,220

 

Net loss per share applicable to common stockholders – basic and diluted

 

$

(0.49

)

 

$

(1.16

)

Summary of Shares Excluded from Calculation of Diluted Net Loss per Share Applicable to Common Stockholders The Company excluded the following potential shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share for the periods indicated:

 

 

 

Year ended December 31,

 

 

 

2025

 

 

2024

 

Options to purchase shares of stock

 

 

38,204,120

 

 

 

16,904,050

 

Warrants to purchase shares of stock

 

 

162,048,400

 

 

 

26,134,671

 

Contingently issuable shares (see Note 7):

 

 

 

 

 

 

Restricted common stock

 

 

1,660,222

 

 

 

 

Contingent consideration

 

 

2,489,030

 

 

 

 

Total

 

 

204,401,772

 

 

 

43,038,721