The following table sets forth the computation of basic and diluted net income (loss) per share as follows (in $000s except share and per share amounts):


	Three Months Ended April 30,
	2026		2025
Numerator:
Net income (loss)	$	369	$	(3,913	)
Denominator:
Denominator for basic net income (loss) per share (weighted-average shares which exclude 1,358,208 treasury shares for the periods ended April 30, 2026 and 2025)		9,862,119		9,498,604
Effect of dilutive securities from restricted stock plan		431,784		—
Denominator for diluted net income (loss) per share (adjusted weighted average shares)		10,293,903		9,498,604
Basic net income (loss) per share	$	0.04	$	(0.41	)
Diluted net income (loss) per share	$	0.04	$	(0.41	)

For the three months ended April 30, 2025, 0.3 million shares of unvested restricted stock awards were excluded from the calculation of diluted earnings per share due to their anti-dilutive effect.