v3.26.1
Note 3 - Income (Loss) Per Share
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

3. Income (loss) per share

 

For the years ended  December 31, 2025 and 2024 basic and diluted income (loss) per share was as follows: 

 

  

Year Ended December 31,

 

(In thousands, except share data)

 

2025

  

2024

 

Numerator:

        

Net loss

 $(27,167) $(29,277)

Denominator:

        

Weighted average shares outstanding

  25,685,210   15,972,494 

Weighted average restricted shares vested not delivered

  285,427   287,449 

Total basic weighted average shares outstanding

  25,970,637   16,259,943 

Dilutive effect of assumed conversion of restricted stock units

      

Dilutive effect of assumed conversion of stock options

      

Total diluted weighted average shares outstanding

  25,970,637   16,259,943 

Basic and diluted loss per share:

        

Basic

 $(1.05) $(1.80)

Diluted

 $(1.05) $(1.80)

 

Based on exercise prices compared to the average stock prices for the years ended December 31, 2025 and 2024, certain stock equivalents, have been excluded from the diluted weighted average share calculations due to their anti-dilutive nature.

 

  

Year Ended December 31,

 
  

2025

  

2024

 

Restricted stock units

  1,471,345   801,525 

Stock options

  331,667   397,667 

Common stock warrants

  7,701,383    

Total anti-dilutive securities

  9,504,395   1,199,192