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EARNINGS (LOSS) PER SHARE
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE

NOTE 2. EARNINGS (LOSS) PER SHARE

The following table provides a reconciliation of the denominators of the basic and diluted per share computations:

 

(in thousand shares)

 

2024

 

 

2023

 

 

2022

 

Weighted average number of outstanding shares

 

 

 

 

 

 

 

 

 

Basic

 

 

11,052

 

 

 

11,052

 

 

 

11,052

 

Effect of dilutive securities

 

 

 

 

 

 

 

 

 

Employee share-based compensation

 

 

 

 

 

 

 

 

 

Diluted

 

 

11,052

 

 

 

11,052

 

 

 

11,052

 

 

Certain outstanding options were excluded from the computation of diluted EPS since their effect would have been anti-dilutive. The antidilutive stock options excluded and their associated exercise prices per share were 4 thousand shares at $2.90 as of December 31, 2024, 29 thousand shares at $2.90 to $7.15 as of December 31, 2023, and 33 thousand shares at $2.90 to $7.15 as of December 31, 2022. There were no antidilutive Restricted Stock Units (“RSUs”) as of December 31, 2024, 2023, and 2022.