EARNINGS PER COMMON SHARE

6 Months Ended

Jun. 30, 2024

Net income (loss) per share:

EARNINGS PER COMMON SHARE

NOTE 9: EARNINGS PER COMMON SHARE

Basic earnings per share (“EPS”) is calculated by dividing net income (loss) by the weighted-average number of common shares outstanding for the period. Diluted EPS is calculated by dividing net income (loss) by the weighted-average number of common shares and dilutive effect of common stock equivalents (warrants, nonvested stock awards and stock options) using the treasury method.

In each relevant period, the net income used in the basic and diluted EPS calculations is the same. The following table reconciles the weighted-average basic number of common shares outstanding and the weighted-average diluted number of common shares outstanding for the purpose of calculating basic and diluted EPS. 

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2024		2023		2024		2023
Weighted average common shares outstanding - basic		12,188		11,888		12,079		11,888
Dilutive effect of common stock equivalents		90		–		68		–
Weighted average common shares outstanding - diluted		12,278		11,888		12,147		11,888