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Note 13 - Earnings (Loss) Per Share
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

 

NOTE 13.     EARNINGS (LOSS) PER SHARE

 

Basic earnings (loss) per share (“basic EPS”) is computed by dividing the net income or loss by the weighted average number of common shares outstanding for the reporting period. Diluted earnings per share (“diluted EPS”) gives effect to all dilutive potential shares outstanding. As the Company is in a net loss position for all periods presented, all potential shares outstanding are anti-dilutive. The following table provides the computation of basic and diluted loss per share.

 

  

Year Ended

 
  

December 31,

 

(in thousands, except per share data)

 

2025

  

2024

 

Numerator:

        

Net loss attributable to stockholders

 $(11,211) $(23,463)
         

Denominator:

        

Weighted average shares outstanding - basic and diluted

  41,095   35,542 
         
         

Loss per share: Basic and diluted

 $(0.27) $(0.66)
         

Anti-dilutive instruments excluded from diluted loss per common share:

        

Options

  7,579   7,638 

Warrants

  1,500   1,500