Note 2 - Earnings (Loss) Per Share

6 Months Ended

Jun. 30, 2026

Notes to Financial Statements

Earnings Per Share [Text Block]

2.	Earnings (Loss) per Share

Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the periods presented. The computation of diluted earnings (loss) per share is similar to the computation of basic earnings per share, except that the denominator is increased for the assumed exercise of dilutive options and other potentially dilutive securities using the treasury stock method unless the effect is antidilutive. The following table summarizes the calculation of basic and diluted net loss per share of common stock:

		Three Months Ended June 30,								Six Months Ended June 30,
(in thousands, except per share data)		2026				2025				2026				2025
Net loss		$	(2,910	)		$	(2,282	)		$	(6,334	)		$	(52,622	)
Weighted average shares outstanding - basic *			4,526				4,430				4,484				4,420
Dilutive effect of equity awards			-				-				-				-
Dilutive effect of convertible Term C loan			-				-				-				-
Dilutive effect of warrants			-				-				-				-
Weighted average shares outstanding - diluted *			4,526				4,430				4,484				4,420
Basic loss per share *		$	(0.64	)		$	(0.52	)		$	(1.41	)		$	(11.91	)
Diluted loss per share *		$	(0.64	)		$	(0.52	)		$	(1.41	)		$	(11.91	)
Shares excluded from diluted loss per share due to their anti-dilutive effect *			1,340				229				1,259				245

*	Retroactively presented to reflect 1-for-10 reverse stock split effective on March 13, 2026.