Three Months Ended

July 31,

Six Months Ended

July 31,

2024

2023

2024

2023

Numerator:

Net income (loss)

$

(1,376

)

$

2,465

$

277

$

3,785

Denominator:

Denominator for basic net income (loss) per share (weighted-average shares which exclude shares in the treasury, 1,358,208 at July 31, 2024 and 2023)

7,390,873

7,409,305

7,371,358

7,340,914

Effect of dilutive securities from restricted stock plan

-

182,481

276,942

182,481

Denominator for diluted net income (loss) per share (adjusted weighted average shares)

7,390,873

7,591,786

7,648,300

7,523,395

Basic net income (loss) per share

$

(0.19

)

$

0.33

$

0.04

$

0.52

Diluted net income (loss) per share

$

(0.19

)

$

0.32

$

0.04

$

0.50