v3.25.4
Note 6 - Net Income (Loss) Per Share Computations
 12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

6.    NET INCOME (LOSS) PER SHARE COMPUTATIONS

 

The following is a reconciliation of the numerator and denominator of the net income (loss) per common share computations for the years ended December 31, 2025 and 2024.

 

  

Year Ended December 31,

 
  

2025

  

2024

 

Net income (loss) (numerator) amounts used for basic and diluted per share computations:

 $(529,431) $2,112,842 
         

Weighted average shares (denominator) of common stock outstanding:

        

Basic

  5,071,423   4,994,905 

Plus dilutive effect of deferred stock awards

  —   37,305 

Diluted

 $5,071,423  $5,032,210 
         

Net income (loss) per common share:

        

Basic

 $(0.10) $0.42 

Diluted

  (0.10)  0.42 

 

For the year ended December 31, 2025, 31,893 shares have been excluded from the calculation of diluted weighted average shares outstanding as the inclusion of these shares would have an anti-dilutive effect.