v3.25.2
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted
The calculation of the basic and diluted earnings per share for the three and six months ended June 30, 2025 and 2024 is as follows (in thousands):
 Three months ended June 30,Six months ended June 30,
 2025202420252024
Numerator:
Net income for basic and diluted earnings per share$1,768 $1,974 $7,148 $3,536 
Denominator:
Basic weighted average shares outstanding (1)
33,947 29,449 31,827 29,440 
Dilutive effect of the June 2022 warrants1,792 1,041 1,738 925 
Dilutive effect of stock options and restricted shares492 178 461 147 
Diluted weighted average shares outstanding36,231 30,668 34,026 30,512 
Basic earnings per share$0.05 $0.07 $0.22 $0.12 
Diluted earnings per share$0.05 $0.06 $0.21 $0.12 
(1)Basic weighted average shares outstanding for the three and six month 2025 periods include the weighted average of 6,000,000 shares associated with the April 2025 Warrant assumed issued at the April 28, 2025 closing date of the PWRtek Transactions (see Note 3, “Asset Acquisition”).