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

Summary of Significant Accounting Policies (Tables)

v3.25.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Summary of Significant Accounting Policies [Abstract]  
Schedule of Weighted Average Common Shares Outstanding, Because their Inclusion Would Have Been Anti-Dilutive

The following common share equivalents are excluded from the calculation of weighted average common shares outstanding, because their inclusion would have been anti-dilutive:

 

    For the Years Ended
December 31,
 
    2024     2023  
Options     32,954       17,788  
Warrants     6,133,308       983,473 (1) 
Total potentially dilutive shares     6,166,262       1,001,261  

 

(1) Note that amount excludes 257,205 warrants that require holders to pay a nominal amount of consideration; such underlying shares are included in the weighted average outstanding shares calculation for the purposes of basic earnings per share as of December 31, 2023. As such, this number of warrants will differ from those disclosed in Note 7 by the same amount.