EARNINGS PER SHARE ("EPS")

3 Months Ended

Mar. 31, 2026

NOTE 5 -

EARNINGS PER SHARE (“EPS”)

Basic earnings per share are based on the weighted average number of ordinary shares outstanding, net of treasury shares. Diluted EPS is based on those shares used in basic EPS plus shares that would have been outstanding assuming issuance of ordinary shares for all dilutive potential ordinary shares outstanding.

	Three Months Ended March 31,
	2026		2025
Numerator for EPS:
Net income	$	3,400	$	3,813
Denominator for EPS:
Weighted average shares outstanding – basic		12,983,137		10,940,358
Dilutive shares		221,153		270,913
Weighted average shares outstanding – diluted		13,204,290		11,211,271
EPS:
Basic	$	0.26	$	0.35
Diluted	$	0.26	$	0.34