v3.26.1
Note 10 - Loss Per Share
 6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

NOTE 10 – LOSS PER SHARE

 

The following table provides information relating to the calculation of loss per common share:

 

  

Three Months Ended June 30,

  

Six Months Ended June 30,

 
  

2026

  

2025

  

2026

  

2025

 
  

(Dollars in thousands, except per share data)

  

(Dollars in thousands, except per share data)

 

Basic and diluted loss per share

                

Net loss

 $(551) $(8,658) $(9,912) $(19,532)

Weighted average common shares outstanding - basic and diluted

  137,612,028   117,435,953   137,140,972   112,459,949 

Basic and diluted loss per share

 $(0.00) $(0.07) $(0.07) $(0.17)

Potentially dilutive securities excluded due to the anti-dilutive effect

  15,648,547   7,415,057   15,648,547   7,415,057 

 

As the Company had a net loss for the three and six months ended June 30, 2026, the following 15,648,547 potentially dilutive securities were excluded from diluted loss per share: 12,902,528 for outstanding warrants, 364,201 related to outstanding options, and 2,381,818 related to outstanding RSUs. 

 

As the Company had a net loss for the three and six months ended June 30, 2025, the following 7,415,057 potentially dilutive securities were excluded from diluted loss per share: 4,331,100 for outstanding warrants, 481,533 related to outstanding options, and 2,602,424 related to outstanding RSUs.