v3.26.1
Net Income per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Loss per Share

Basic and diluted EPS for the three and six months ended June 30, 2026 and 2025 were calculated as follows (in thousands, except share and per share data):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(543

)

 

$

(529

)

 

$

138

 

 

$

(212

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average common shares outstanding

 

 

12,418,592

 

 

 

12,319,147

 

 

 

12,406,266

 

 

 

12,301,476

 

Effect of dilutive securities

 

 

 

 

 

 

 

 

783

 

 

 

 

Diluted weighted-average common shares outstanding

 

 

12,418,592

 

 

 

12,319,147

 

 

 

12,407,049

 

 

 

12,301,476

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and Diluted EPS

 

$

(0.04

)

 

$

(0.04

)

 

$

0.01

 

 

$

(0.02

)

Schedule of Potentially Common Shares Excluded from Calculation of Net Loss Per share

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Purchase warrants

 

 

7,394,363

 

 

 

7,394,363

 

 

 

7,394,363

 

 

 

7,394,363

 

Unvested restricted common stock awards

 

 

226

 

 

 

101,896

 

 

 

 

 

 

101,896

 

Outstanding options to purchase common stock

 

 

230,530

 

 

 

289,030

 

 

 

230,530

 

 

 

289,030

 

 

 

 

7,625,119

 

 

 

7,785,289

 

 

 

7,624,893

 

 

 

7,785,289