| NET INCOME (LOSS) PER SHARE DATA |
NOTE
7. NET INCOME (LOSS) PER SHARE DATA
Basic
net income (loss) per common share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding.
Dilutive net income (loss) per common share assumes the exercise and issuance of all potential common stock equivalents in computing
the weighted-average number of common shares outstanding using the treasury stock method, unless their effect is anti-dilutive. Basic
and diluted weighted average shares outstanding were as follows:
SCHEDULE OF BASIC AND DILUTED WEIGHTED AVERAGE SHARES OUTSTANDING
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Three Months Ended June 30, | | |
Six Months Ended June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Basic weighted average shares outstanding | |
| 2,805,183 | | |
| 2,773,598 | | |
| 2,795,659 | | |
| 2,767,263 | |
| Dilutive effect of outstanding stock options and non-vested restricted stock units1 | |
| 193,819 | | |
| 181,167 | | |
| 211,780 | | |
| - | |
| Diluted weighted average shares outstanding | |
| 2,999,002 | | |
| 2,954,765 | | |
| 3,007,439 | | |
| 2,767,263 | |
| 1 |
The
following items were excluded from the computation of diluted weighted-average shares outstanding as their inclusion would be anti-dilutive: |
| |
a. |
For
the three and six months ended June 30, 2026, stock options totaling 26,331 and 96,875, respectively. |
| |
b. |
For
the three months ended June 30, 2025, stock options totaling 89,927. For the six months ended June 30, 2025, restricted stock units and
stock options totaling 504,194. |
|