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Note 3 - Net Income Per Share
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Earnings Per Share [Text Block]

3. NET INCOME PER SHARE

 

The following table presents a reconciliation of basic and diluted income per share for the years ended December 31, 2024 and 2023 as follows:

 

  

For the Years Ended December 31,

 
  

2024

  

2023

 

Basic income per share calculation:

        

Net income

 $1,152  $7,649 

Weighted average number of common shares outstanding

  21,895,847   21,188,669 

Basic net income per share

 $0.05  $0.36 

Diluted income per share calculation:

        

Net income

 $1,152  $7,649 

Weighted average number of common shares outstanding

  21,895,847   21,188,669 

Common stock equivalents:

        

Non-vested stock awards

  78,782   302,601 

Weighted average number of common shares outstanding

  21,974,629   21,491,270 

Diluted net income per share

 $0.05  $0.36