Note 3 - Net Income Per Share Computations

6 Months Ended

Jun. 30, 2026

3. NET INCOME PER SHARE COMPUTATIONS

The following is a reconciliation of the numerator and denominator of the earnings per common share computations for the three and six months ended June 30, 2026 and 2025:

	*Three Months Ended June 30,*						*For the Six Months Ended June 30,*
	*2026*			*2025*			*2026*		*2025*
Net (loss) income (numerator) amounts used for basic and diluted per share computations:	$	(148,074	)	$	(327,406	)	$	21,803	$	(626,616	)

Weighted average shares (denominator) of common stock outstanding:
Basic		5,153,952			5,060,543			5,139,604		5,050,003
Plus dilutive effect of deferred stock awards		—			—			31,836		—
Diluted		5,153,952			5,060,543			5,171,440		5,050,003

Net (loss) income per common share:
Basic	$	(0.03	)	$	(0.06	)	$	0.00	$	(0.12	)
Diluted		(0.03	)		(0.06	)		0.00		(0.12	)

For the three months ended June 30, 2026 , 21,520 shares have been excluded from the calculation of diluted weighted average shares outstanding as the inclusion of these shares would have an anti-dilutive effect. For the three and six months ended June 30, 2025, 13,397 shares and 26,542 shares, respectively, have been excluded from the calculation of diluted weighted average shares outstanding as the inclusion of these shares would have an anti-dilutive effect.