v3.25.2
Note 11 - Earnings (Loss) Per Share
 3 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

11.

EARNINGS (LOSS) PER SHARE

 

Basic loss per share is computed on the basis of the weighted average number of common shares outstanding. Diluted loss per share is computed on the basis of the weighted average number of common shares outstanding plus the potentially dilutive effect of outstanding stock options using the treasury stock method.

 

Basic and diluted loss per share computations for the three months ended June 30, 2025 and 2024 are as follows:

 

  

Three Months Ended June 30, 2025

 
  

Net Loss

  

Shares

  

Per Share

 
  

(Numerator)

  

(Denominator)

  

Amount

 
  

(in thousands)

     

Basic and diluted loss per share

 $(926)  7,211  $(0.13)

 

  

Three Months Ended June 30, 2024

 
  

Net Loss

  

Shares

  

Per Share

 
  

(Numerator)

  

(Denominator)

  

Amount

 
  

(in thousands)

     

Basic and diluted loss per share

 $(1,202)  6,948  $(0.17)

 

 

Basic and diluted per share amounts are the same in periods of a net loss because common share equivalents are anti-dilutive when a net loss is recorded. Restricted stock units become dilutive within the period granted and remain dilutive until the units vest and are then included in the calculation of basic earnings per share.