BASIC AND DILUTED AVERAGE SHARES

6 Months Ended

Jun. 30, 2026

BASIC AND DILUTED AVERAGE SHARES

BASIC AND DILUTED AVERAGE SHARES

NOTE 12 — BASIC AND DILUTED AVERAGE SHARES

The following table is a reconciliation of the Company’s basic and diluted weighted average common shares for the three months ended June 30, 2026 and 2025:

	Three Months Ended
	June 30,
	2026	2025
Basic weighted average shares	25,963,476	25,991,979
Effect of potential dilutive securities	—	—
Diluted weighted average shares	25,963,476	25,991,979

The following table is a reconciliation of the Company’s basic and diluted weighted average common shares for the six months ended June 30, 2026 and 2025:

	Six Months Ended
	June 30,
	2026	2025
Basic weighted average shares	25,963,476	25,993,802
Effect of potential dilutive securities	—	—
Diluted weighted average shares	25,963,476	25,993,802

For three and six months ended June 30, 2026 and 2025, there were no Common Stock options unexercised. For the three and six months ended June 30, 2026 and 2025, there were no anti-dilutive shares.