v3.26.1
Note 14 - Share-based Compensation
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Share-Based Payment Arrangement [Text Block]

NOTE 14 — SHARE-BASED COMPENSATION 

The following table summarizes the Company’s restricted stock unit and performance award activity during the six months ended June 30, 2026:

 

      

Weighted Average

 
  

Number of

  

Grant-Date Fair Value

 
  

Shares

  

Per Share

 

Unvested as of December 31, 2025

  717,266  $2.28 

Granted

  174,672  $3.68 

Vested

  (264,819) $2.37 

Unvested as of June 30, 2026

  627,119  $2.63 

 

Under certain situations, shares are withheld from issuance to cover taxes for the vesting of restricted stock units and performance awards. For the six months ended June 30, 2026 and 2025, 52,534 and 169,390 shares, respectively, were withheld to cover tax obligations. 

 

The following table summarizes share-based compensation expense included in the Company’s condensed consolidated statements of operations, including amounts attributable to discontinued operations, for the six months ended June 30, 2026 and 2025. Share-based compensation included in discontinued operations total $150 and $308 for the six months ended June 30, 2026 and 2025, respectively. 

 

  

Six Months Ended June 30,

 
  

2026

  

2025

 

Share-based compensation expense:

        

Cost of sales

 $35  $45 

Selling, general and administrative

  417   501 

Net effect of share-based compensation expense on net income

 $452  $546 

Reduction in earnings per share:

        

Basic earnings per share

 $0.02  $0.02 

Diluted earnings per share

 $0.02  $0.02