Note 6 - Per Share Amounts

3 Months Ended

Mar. 31, 2025

Notes to Financial Statements

Earnings Per Share [Text Block]

Note 6.    Per Share Amounts

Per share information has been computed based on the weighted average number of common shares and dilutive common share equivalents outstanding. The Company calculates diluted shares using the treasury stock method. Because the Company reported a loss for the three-month period ended March 31, 2025, the potentially dilutive effects of approximately 38,000 of the Company’s stock options and 173,000 of the Company’s unvested restricted stock awards were not considered for the reporting period. The computation for the three-month period ended March 31, 2024 excluded approximately 138,000 of the Company’s stock options because the exercise price of the options was higher than the average market price during the period. The weighted average common shares outstanding for basic earnings per share for the three-month periods ended March 31, 2025 and 2024 included approximately 123,000 and 123,000, respectively, of the Company's restricted stock awards that are fully vested but are deferred for issuance. 

The following table sets forth the computation of basic and diluted earnings per share for the three-month periods ended March 31, 2025 and 2024:

	Three Months Ended March 31,
	2025			2024
Net (loss) income attributable to American Shared Hospital Services	$	(625,000	)	$	119,000
Weighted average common shares for basic (loss) earnings per share		6,572,000			6,452,000
Dilutive effect of stock options and restricted stock awards		-			124,000
Weighted average common shares for diluted (loss) earnings per share		6,572,000			6,576,000
Basic (loss) earnings per share	$	(0.10	)	$	0.02
Diluted (loss) earnings per share	$	(0.10	)	$	0.02