The Company computes net income (loss) per share of Class A and Class B common stock using the two class method. Under the provisions of the two class method, basic net income (loss) per share is computed by dividing net income (loss) applicable to common stockholders by the weighted average number of common shares outstanding during the year. Diluted net income (loss) per share is computed by dividing net income (loss) applicable to common stockholders by the weighted average number of common and dilutive common equivalent shares outstanding during the period. The computation of the diluted net income (loss) per share of Class B common stock assumes the conversion of Class A common stock to Class B common stock, while the diluted net income (loss) per share of Class A common stock does not assume the conversion of those shares.

In accordance with the two class method, the undistributed income (loss) for each period are allocated based on the contractual participation rights of the Class A and Class B common shares and the restricted shares as if the income (losses) for the periods had been distributed. Considering the terms of the Company’s charter which provides that, if and when dividends are declared on its common stock in accordance with Delaware General Corporation Law, equivalent dividends shall be paid with respect to the shares of Class A common stock and Class B common stock and that both classes of common stock have identical dividend rights and would share equally in the Company’s net assets in the event of liquidation, the Company has allocated undistributed income (losses) on a proportionate basis.

Instruments granted in unvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents, whether paid or unpaid, are participating securities prior to vesting. As such, the Company’s restricted stock awards are considered participating securities for purposes of calculating income (loss) per share.

The following tables present the computation of basic net income (loss) per share applicable to common stockholders for the periods ended:


	Three Months Ended June 30,
	2025				2024
(In Thousands, Except Per Share Amounts)	Class A		Class B		Class A			Class B
Basic net income (loss) per share:
Numerator:
Net income (loss) applicable to common stockholders	$	9	$	76	$	(82	)	$	(674	)
Denominator:
Weighted average number of shares outstanding - basic		4,661		39,241		4,661			38,403
Basic net income (loss) per share applicable to common stockholders	$	0.00	$	0.00	$	(0.02	)	$	(0.02	)


	Six Months Ended June 30,
	2025						2024
(In Thousands, Except Per Share Amounts)	Class A			Class B			Class A			Class B
Basic net loss per share:
Numerator:
Net loss applicable to common stockholders	$	(202	)	$	(1,695	)	$	(239	)	$	(1,967	)
Denominator:
Weighted average number of shares outstanding - basic		4,661			39,151			4,661			38,398
Basic net loss per share applicable to common stockholders	$	(0.04	)	$	(0.04	)	$	(0.05	)	$	(0.05	)

The following tables present the computation of diluted net income (loss) per share for the periods ended:


	Three Months Ended June 30,
	2025				2024
(In Thousands, Except Per Share Amounts)	Class A		Class B		Class A			Class B
Diluted net income (loss) per share:
Numerator:
Net income (loss) applicable to common stockholders	$	9	$	76	$	(82	)	$	(674	)
Reallocation of net income (loss) for Class A to Class B shares		—		9		—			(82	)
Diluted net income (loss) applicable to common stockholders:	$	9	$	85	$	(82	)	$	(756	)
Denominator:
Weighted average number of shares outstanding - basic		4,661		39,241		4,661			38,403
Conversion of Class A to B common shares outstanding		—		4,661		—			4,661
Weighted average number of shares outstanding - diluted		4,661		43,902		4,661			43,064
Diluted net income (loss) per share applicable to common stockholders	$	0.00	$	0.00	$	(0.02	)	$	(0.02	)

Anti-dilutive securities		—		6,434		—			5,216


	Six Months Ended June 30,
	2025						2024
(In Thousands, Except Per Share Amounts)	Class A			Class B			Class A			Class B
Diluted net loss per share:
Numerator:
Net loss applicable to common stockholders	$	(202	)	$	(1,695	)	$	(239	)	$	(1,967	)
Reallocation of net loss for Class A to Class B shares		—			(202	)		—			(239	)
Diluted net loss applicable to common stockholders:	$	(202	)	$	(1,897	)	$	(239	)	$	(2,206	)
Denominator:
Weighted average number of shares outstanding - basic		4,661			39,151			4,661			38,398
Conversion of Class A to B common shares outstanding		—			4,661			—			4,661
Weighted average number of shares outstanding - diluted		4,661			43,812			4,661			43,059
Diluted net loss per share applicable to common stockholders	$	(0.04	)	$	(0.04	)	$	(0.05	)	$	(0.05	)

Anti-dilutive securities		—			6,336			—			5,270