v3.26.1
Note 14 - Net Income (Loss) Per Share
 3 Months Ended
Apr. 30, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

(14)    Net Income (Loss) Per Share

 

Basic earnings (loss) per share is computed by dividing net income for the period by the weighted-average number of common shares outstanding during the period. Diluted earnings (loss) per share is computed by dividing net income for the period by the weighted-average number of common shares outstanding during the period, plus the dilutive effect of outstanding restricted stock-based awards, and stock options using the treasury stock method.

 

The following sets forth the computation of basic and diluted earnings (loss) per share (in thousands, except for the number of shares and per share data):

 

  

Three Months Ended April 30,

 
  

2026

  

2025

 
         

Income (loss) from continuing operations

 $(18,695) $(29,627)

Income (loss) from discontinued operations

  (24,419)  (8,422)

Net income (loss)

 $(43,114) $(38,049)
         

Weighted average common shares outstanding:

        

Basic and diluted

  8,811,277   8,324,864 
         

Per basic and diluted share:

        

Income (loss) from continuing operations

 $(2.12) $(3.56)

Income (loss) from discontinued operations

  (2.77)  (1.01)

Net income (loss)

 $(4.89) $(4.57)

 

During the three months ended April 30, 2026 and April 30, 2025, we incurred net losses and, therefore, the effect of our potentially dilutive securities was not included in the calculation of diluted loss per share as the effect would be anti-dilutive. The following sets forth stock/RSU totals with a potentially dilutive impact, excluding the effect of the treasury stock method (in thousands):

 

  

Three Months Ended April 30,

 
  

2026

  

2025

 

Common stock underlying warrants

  2,848   3,098 

RSUs

  2,025   1,310 

Stock options

  8   34 

Total

  4,881   4,442