Weighted average shares of common stock outstanding used in the calculation of basic and diluted earnings per share were as follows:


	Years Ended April 30,
	2026	2025	2024

Weighted average shares outstanding-basic	8,289,319	7,524,770	6,388,537
Dilutive options and restricted stock	—	156,820	—

Weighted average shares outstanding-diluted	8,289,319	7,681,590	6,388,537

Antidilutive securities not included:
Options	721,757	630,692	368,118
Warrants	937,487	—	—
Restricted stock	258,466	23,421	9,898

For the year ended April 30, 2026, the Company reported a net loss. As a result, all potentially dilutive securities, including 154,107 weighted-average incremental shares determined under the treasury stock method, were excluded from the computation of diluted loss per share because their effect would have been antidilutive, and diluted loss per share equals basic loss per share. The potentially dilutive securities excluded are contained within the antidilutive securities presented in the table above.