Note 5 - Earnings Per Share

3 Months Ended

Mar. 31, 2026

Notes to Financial Statements

Earnings Per Share [Text Block]

Note 5. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	Three Months Ended
	March 31, 2026		March 31, 2025
Numerator:
Net income for basic and diluted earnings per share	$	2,762	$	2,132
Denominator for basic earnings per share weighted average shares		3,740,728		3,572,576
Effect of dilutive securities:
Options, restricted stock units, and warrants		268,642		320,567
Denominator for diluted earnings per share weighted average shares		4,009,370		3,893,143
Basic earnings per share	$	0.74	$	0.60
Diluted earnings per share	$	0.69	$	0.55

Approximately 1,016 stock options and 1,081 restricted stock units for the three months ended March 31, 2026, and approximately 0 stock options and 0 restricted stock units for the three months ended March 31, 2025, were excluded from the calculation because they were anti-dilutive.