2.
Earnings per Share
Reconciliations
of the weighted average shares outstanding for basic and diluted earnings per share for the fiscal years ended April 30, 2025 and 2024,
respectively, were as follows:
| | |
For
the Fiscal Years Ended
April 30, | |
| | |
2025 | | |
2024 | |
| Weighted average shares outstanding: | |
| | |
| |
| Basic EPS
Shares outstanding (weighted average) | |
| 9,611,914 | | |
| 9,431,264 | |
| Effect
of Dilutive Securities | |
| 2,622 | | |
| **
| |
| Diluted
EPS Shares outstanding | |
| 9,614,536 | | |
| 9,431,264 | |
| ** | Dilutive securities above exclude any such securities whose affect would be anti-dilutive. For the fiscal year ended April 30, 2024 all securities would be anti-dilutive because the current stock price is below the exercise price. There were no shares excluded for the fiscal year ended April 30, 2025. The anti-dilutive shares excluded in the above table for the fiscal year ended April 30, 2024 were 86,000. |
|