Basic earnings per share (“EPS”) computations are calculated utilizing the weighted average number of shares of the Company’s common stock outstanding during the periods presented. Diluted EPS is calculated utilizing the weighted average number of shares of the Company’s common stock outstanding adjusted for the effect of dilutive common stock equivalents.


	Three months ended June 30,				Six months ended June 30,
	2026		2025		2026		2025

Numerator:
Net income (loss)	$	(3,100)	$	2,480	$	(5,222)	$	1,708

Denominator:
Weighted average shares of common stock outstanding	11,135		10,991		11,071		10,970
Effect of dilutive common stock equivalents	—		69		—		75
Weighted average shares of common stock outstanding	11,135		11,060		11,071		11,045

Earnings (loss) per share - basic	$	(0.28)	$	0.23	$	(0.47)	$	0.16

Earnings (loss) per share - diluted	$	(0.28)	$	0.22	$	(0.47)	$	0.15

The Company was in a loss position for the three and six months ended June 30, 2026, and as such, all equity awards were antidilutive for those periods. If the Company were not in a loss position, the calculation of diluted EPS would have included the effect of dilutive common stock equivalents of 344 thousand and 251 thousand, and would have excluded 342 thousand and 132 thousand antidilutive restricted stock awards for three and six months ended June 30, 2026, respectively. The calculation of diluted EPS excluded 402 thousand and 375 thousand antidilutive restricted stock awards for the three and six months ended June 30, 2025, respectively. EPS is computed independently for each of the periods presented above, and accordingly, the sum of the quarterly earnings per share may not equal the year-to-date total computed.