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Note 3 - Net Income Per Share
3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

NOTE 3 — NET INCOME PER SHARE 

 

The following table presents a reconciliation of basic and diluted income per share for the three months ended March 31, 2026 and 2025, as follows: 

 

   

Three Months Ended

 
   

March 31,

 
   

2026

   

2025

 

Basic loss per share calculation:

               

Net loss

  $ (495 )   $ (370 )

Weighted average number of common shares outstanding

    23,337,707       22,361,152  

Basic net loss per share

  $ (0.02 )   $ (0.02 )

Diluted loss per share calculation:

               

Net loss

  $ (495 )   $ (370 )

Weighted average number of common shares outstanding

    23,337,707       22,361,152  

Common stock equivalents:

               

Non-vested stock awards (1)

           

Weighted average number of common shares outstanding

    23,337,707       22,361,152  

Diluted net loss per share

  $ (0.02 )   $ (0.02 )

  

(1) Restricted stock units granted and outstanding of 717,266 and 689,732 as of March 31, 2026 and 2025, respectively are excluded from the computation of diluted earnings due to the anti-dilutive effect as a result of the Company’s net loss for the three months ended March 31, 2026 and 2025, respectively.