Net Income (Loss) Per Share

3 Months Ended

Mar. 31, 2026

(9)

Net Income (Loss) Per Share

Net income (loss) per share calculation information is as follows:


	Three months ended March 31,
	2025			2026
Net income (loss)	$	(2,689,821	)	$	3,214,790
Weighted-average shares outstanding:
Basic		1,792,029			1,806,242
Effect of dilutive restricted stock units	—				6,734
Diluted		1,792,029			1,812,976
Net income (loss) per Class A and Class B common share – basic	$	(1.50	)	$	1.78
Net income (loss) per Class A and Class B common share – diluted	$	(1.50	)	$	1.77

The Company excluded the effect of restricted stock units under the treasury stock method when reporting a net loss as the addition of shares was anti-dilutive. The number of shares excluded was 10,620 for the three months ended March 31, 2025.