Schedule of Weighted Average Number of Shares |
The reconciliation of the weighted average number of shares of Common Stock used in the calculation of basic and diluted earnings per common share follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30 | | Six months ended June 30 | | 2025 | | 2024 | | 2025 | | 2024 | | | | | | | | | Weighted average number of shares outstanding | 13,925,707 | | 11,019,347 | | 13,700,308 | | 11,009,442 | | | | | | | | | Effect of dilutive securities, common share equivalents: | | | | | | | | Stock options | 181,646 | | 84,476 | | 180,620 | | 55,243 | Warrants | 230,381 | | 651,681 | | 229,951 | | 608,598 | Restricted stock awards | 49,804 | | 355,442 | | 37,869 | | 314,693 | | | | | | | | | Weighted average number of shares outstanding, used for computing diluted earnings per share | 14,387,538 | | 12,110,946 | | 14,148,748 | | 11,987,976 |
|