Note 16 - Net Income (Loss) Per Share

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Earnings Per Share [Text Block]

16. NET INCOME (LOSS) PER SHARE

The calculation of net income (loss) per common share for the year ended  December 31, 2024 and 2023 are presented below. For both the years ended December 31, 2024 and 2023 securities that were excluded that would have had an anti-diluted effect consist of stock options of 2,074,505. For the year ended December 31, 2023 SARs of 658,437 were excluded. No SARs were outstanding as of  December 31, 2024. For the year ended  December 31, 2024, dilutive securities consisted of RSUs of 13,589 or 11,981 (net of the treasury stock method). For the year ended  December 31, 2023, dilutive securities consisted of RSUs of 27,177 or 12,324 (net of the treasury stock method).

	Year Ended
	December 31,
	2024		2023
Weighted average shares:
Basic weighted average number of common shares outstanding		18,583,485		18,496,376
Dilutive securities		11,981		12,324
Total shares including dilutive securities		18,595,466		18,508,700
Net income	$	4,599	$	125
Net income per common share:
Basic net income per common share		0.25		0.01
Diluted net income per common share		0.25		0.01