Note 9 - Net Income (Loss) per Share

12 Months Ended

Dec. 31, 2025

Notes to Financial Statements

Earnings Per Share [Text Block]

9. NET INCOME (LOSS) PER SHARE

Basic net income (loss) per share is computed by dividing the net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per share is computed by dividing the net income (loss) for the period by the weighted average number of common and dilutive potential common shares outstanding during the period, if dilutive. Potentially dilutive common equivalent shares are composed of the incremental common shares issuable upon the exercise of stock options. The following is the computations of the basic and diluted net income per share and the anti-dilutive common stock equivalents excluded from the computations for the periods presented:

		Quarters Ended								12 months ended
		December 31, 2025				December 31, 2024				December 31, 2025				December 31, 2024
Numerator:
Net Operating Gain (Loss)		$	29,417			$	(383,912	)		$	(214,756	)		$	(599,302	)
Denominator:
Weighted average shares outstanding - basic			2,726,955				2,726,955				2,726,955				2,726,955
Effect of dilutive potential shares			225,000				225,000				225,000				225,000
Shares outstanding - diluted			2,951,955				2,951,955				2,951,955				2,951,955
Net loss per share - basic		$	0.01			$	(0.14	)		$	(0.08	)		$	(0.22	)
Net loss per share - diluted		$	0.01			$	(0.13	)		$	(0.07	)		$	(0.20	)