v3.26.1
Note 7 - Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   

Year Ended December 31,

 

(in thousands, except share and per share data)

 

2024

   

2023

 
                 

Numerator:

               

Income from continuing operations

  $ 70     $ (190 )

Add: After tax effect of convertible notes interest

    16       16  

Income from continuing operations attributable to Common Stockholders

    86       (174 )
                 

Income (loss) from discontinued operations, net of income taxes

    81       (3,432 )

Less: Noncontrolling interest in subsidiary

    (66 )     3,292  

Income (loss) from discontinued operations attributable to Common Stockholders

    15       (140 )
                 

Net earnings (loss) attributable for dilutive securities

  $ 101     $ (314 )
                 

Denominator:

               

Weighted average number of common shares - basic

    493,968       493,968  

Dilutive effect of:

               

Shares issuable upon conversion of convertible notes payable

    254,391       254,391  

Shares issuable upon conversion of 95,226 Class A Preferred Shares

    4,380       4,380  

Shares issuable upon conversion of 231,944 Class C Preferred Shares

    2,319,440       2,319,440  

Weighted average number of common shares - dilutive

    3,072,179       3,072,179  
                 

Income from continuing operations:

               

Basic

  $ 0.17     $ (0.35 )

Diluted

  $ 0.03     $ (0.35 )

Income (loss) from discontinued operations:

               

Basic

  $ 0.03     $ (0.28 )

Diluted

  $ 0.00     $ (0.28 )

Earnings (loss) per share:

               

Basic

  $ 0.20     $ (0.64 )

Diluted

  $ 0.03     $ (0.64 )