Loss Per Share

6 Months Ended

Jun. 30, 2026

Net loss per common share - basic and diluted:

7. Loss Per Share

Basic loss per share is calculated based on the weighted-average number of outstanding common shares during the applicable period. Diluted loss per share is based on the weighted-average number of outstanding common shares plus the weighted-average number of potential outstanding common shares. In periods where they are anti-dilutive, such amounts are excluded from the calculations of dilutive earnings per share. The following table reconciles the loss and average share amounts used to compute both basic and diluted loss per share:

Schedule of Earnings Per Share

		2026				2025				2026				2025
		Three Months Ended								Six Months Ended
		June 30,								June 30,
(Amounts in Thousands, Except for Per Share Amounts)		(Unaudited)								(Unaudited)
		2026				2025				2026				2025
Loss per common share from continuing operations
Loss from continuing operations, net of taxes		$	(6,262	)		$	(2,583	)		$	(13,637	)		$	(6,083	)
Basic loss per share		$	(.32	)		$	(.14	)		$	(.71	)		$	(.33	)
Diluted loss per share		$	(.32	)		$	(.14	)		$	(.71	)		$	(.33	)

Income (loss) per common share from discontinued operations, net of taxes
Income (loss) from discontinued operations, net of taxes		$	62			$	(133	)		$	(50	)		$	(206	)
Basic loss per share		$	—			$	(.01	)		$	—			$	(.01	)
Diluted loss per share		$	—			$	(.01	)		$	—			$	(.01	)

Net loss per common share
Net loss		$	(6,200	)		$	(2,716	)		$	(13,687	)		$	(6,289	)
Basic loss per share		$	(.32	)		$	(.15	)		$	(.71	)		$	(.34	)
Diluted loss per share		$	(.32	)		$	(.15	)		$	(.71	)		$	(.34	)

Weighted average shares outstanding:
Basic weighted average shares outstanding			19,840				18,448				19,195				18,436
Add: dilutive effect of stock options			—				—				—				—
Add: dilutive effect of warrants			—				—				—				—
Diluted weighted average shares outstanding			19,840				18,448				19,195				18,436

For both the three and six months ended June 30, 2026, 1,082,238 weighted average shares of common stock underlying options and warrants were excluded from the computation of diluted loss per share because the effect would be anti-dilutive.

For the three and six months ended June 30, 2025, 1,152,438 and 1,146,361 weighted average shares of common stock underlying options and warrants, respectively, were excluded from the computation of diluted loss per share because the effect would be anti-dilutive.