Note 6 - Net Income Per Share Computations

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Earnings Per Share [Text Block]

6.    NET INCOME PER SHARE COMPUTATIONS

The following is a reconciliation of the numerator and denominator of the net income per common share computations for the years ended December 31, 2024 and 2023.

	Year Ended December 31,
	2024		2023
Net income (numerator) amounts used for basic and diluted per share computations:	$	2,112,842	$	10,563,249
Weighted average shares (denominator) of common stock outstanding:
Basic		4,994,905		4,921,379
Plus dilutive effect of stock options		37,305		27,803
Diluted	$	5,032,210	$	4,949,182
Net income per common share:
Basic	$	0.42	$	2.15
Diluted		0.42		2.13

There were no out-of-the money stock options at December 31, 2024 or December 31, 2023.