Earnings Per Share

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Earnings Per Share

12.Earnings Per Share

The following table reconciles the denominators used in the computations of both basic and diluted earnings per share:

	Year ended December 31,
	2025	2024	2023
Total basic weighted average shares outstanding	39,627,400	34,783,256	32,346,992
Effect of potentially dilutive securities:
Common stock options	11,850	—	—
Employee stock purchase plan	—
Total diluted weighted average shares outstanding	39,639,250	34,783,256	32,346,992

For the years ended December 31, 2025, 2024 and 2023, the Company had 48,686, 177,395, and 250,264, securities, respectively, that were potentially dilutive in earnings per share calculations. Such dilution is dependent on the excess of the market price of our stock over the exercise price and other components of the treasury stock method. The exercise price for certain stock options awarded by the Company exceeded the average market price of the Company’s common stock for the years ended December 31, 2025, 2024 and 2023. Such stock options are antidilutive and are not included in the computation of earnings per share for those periods. Due to the Company reporting a net loss fiscal 2024 and 2023, all potentially dilutive securities are antidilutive and are excluded from the computations of diluted loss per share.