Quarterly report [Sections 13 or 15(d)]

EARNINGS PER SHARE (Tables)

v3.25.1
EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2025
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:

 

    2025     2024  
    For the Three Months Ended March 31,  
    2025     2024  
Convertible notes payable     611,034       411,430  
Preferred stock     301,900       161,673  
Restricted stock units     65,580       25,307  
Warrants to purchase shares of common stock     15,483       124,159  
Total potentially dilutive shares     993,998       722,569  
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:

 

    2025     2024  
    Three Months Ended March 31,  
    2025     2024  
             
Net loss attributable to the common stockholders   $ (668,564 )   $ (758,088 )
                 
Basic weighted average outstanding shares of common stock     1,605,377       1,230,354  
Dilutive effect of options and warrants     -       -  
Diluted weighted average common stock and common stock equivalents     1,605,377       1,230,354  
                 
Loss per share:                
Basic and diluted   $ (0.42 )   $ (0.62 )