NET (LOSS) INCOME PER SHARE DATA

9 Months Ended

Sep. 30, 2025

Net (loss) income per common share:

NET (LOSS) INCOME PER SHARE DATA

NOTE 7. NET (LOSS) INCOME PER SHARE DATA

Basic net (loss) income per common share is computed by dividing net (loss) income by the weighted-average number of common shares outstanding. Dilutive net income per common share assumes the exercise and issuance of all potential common stock equivalents in computing the weighted-average number of common shares outstanding using the treasury stock method, unless their effect is anti-dilutive. Basic and diluted weighted average shares outstanding were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Basic weighted average shares outstanding		2,785,541		2,760,438		2,773,401		2,754,399
Dilutive effect of outstanding stock options and non-vested restricted stock units1		-		-		-		176,944
Diluted weighted average shares outstanding		2,785,541		2,760,438		2,773,401		2,931,343

¹ The following items were excluded from the computation of diluted weighted-average shares outstanding as their inclusion would be anti-dilutive:

a.	For the three and nine months ended September 30, 2025, restricted stock units and stock options totaling 528,846 and 512,411, respectively.
b.	For the three and nine months ended September 30, 2024, restricted stock units and stock options totaling 189,265 and 93,391, respectively.