v3.26.1
Note 5 - Earnings Per Share
 6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 5. Earnings Per Share

 

The following table sets forth the computation of basic and diluted earnings per share:

 

  

Three Months Ended

  

Six Months Ended

 
  

June 30, 2026

  

June 30, 2025

  

June 30, 2026

  

June 30, 2025

 

Numerator:

                

Net income for basic and diluted earnings per share

 $3,168  $3,741  $5,930  $5,873 

Denominator for basic earnings per share weighted average shares

  3,751,175   3,646,503   3,766,775   3,609,744 

Effect of dilutive securities:

                

Options, restricted stock units, and warrants

  272,031   246,870   270,276   283,718 

Denominator for diluted earnings per share weighted average shares

  4,023,206   3,893,373   4,037,051   3,893,462 

Basic earnings per share

 $0.84  $1.03  $1.57  $1.63 

Diluted earnings per share

 $0.79  $0.96  $1.47  $1.51 

     

         Approximately 3,213 stock options and 1,298 restricted stock units for the three and six months ended June 30, 2026, and approximately 168,579 stock options and 5,739 restricted stock units for the three and six months ended June 30, 2025, were excluded from the calculation because they were anti-dilutive.