v3.26.1
Note 10 - Loss Per Common Share
 9 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

10. Income (Loss) Per Common Share

 

The following table summarizes the calculation of net loss and weighted average common shares and common equivalent shares outstanding for purposes of the computation of income (loss) per share (in thousands, except share and per share data):

 

  

Three Months Ended

  

Nine Months Ended

 
  

June 30, 2026

  

June 30, 2025

  

June 30, 2026

  

June 30, 2025

 

Net income (loss)

 $(9,708) $760  $(30,521) $(662)

Weighted average number of common share equivalents:

                

Common shares used in basic income (loss) per share

  12,934,962   12,805,414   12,899,390   12,783,832 

Common share equivalents outstanding related to RSUs

  —   —   —   — 

Total weighted average common shares and common share equivalents used in diluted income (loss) per share

  12,934,962   12,805,414   12,899,390   12,783,832 

Income (loss) per share:

                

Basic

 $(0.75) $0.06  $(2.37) $(0.05)

Diluted

 $(0.75) $0.06  $(2.37) $(0.05)

 

           For the calculation of diluted income (loss) per share for each of the three and nine months ended June 30, 2026, there were 283,134 non-vested RSU's excluded from the calculation of weighted average shares outstanding since their impact on diluted loss per share was antidilutive. For the calculation of diluted income (loss) per share for each of the three and nine months ended June 30, 2025, there were 350,318 non-vested RSU's excluded from the calculation of weighted average shares outstanding since their impact on diluted income (loss) per share was antidilutive.