v3.25.4
Note 10 - Earnings Per Share
 12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

10. Earnings Per Share

 

The following table sets forth the computation of basic and diluted earnings per share:

 

  

Years Ended December 31,

 
  

2025

  

2024

 

Numerator:

        

Net income for basic and diluted earnings per share

 $13,536  $8,359 

Denominator:

        

Denominator for basic earnings per share weighted average shares

  3,672,239   3,553,303 

Effect of dilutive securities:

        

Options, restricted stock units, and warrants

  264,575   157,341 

Denominator for diluted earnings per share weighted average shares

  3,936,814   3,710,644 

Basic earnings per share

 $3.69  $2.35 

Diluted earnings per share

 $3.44  $2.25 

 

Approximately 1,955 stock options and 0 restricted stock units for the year ended December 31, 2025 were excluded from the calculation because they were anti-dilutive.  For the year ended December 31, 2024, no stock options and restrictive stock options were excluded.