v3.26.1
(Loss) Income Per Common Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
(Loss) Income Per Common Share

9. (Loss) Income Per Common Share

Basic net (loss) income per common share is calculated by dividing net (loss) income by the weighted-average number of shares of common stock outstanding during the period. Diluted net (loss) income per common share is calculated using the treasury share method by giving effect to all potentially dilutive securities that were outstanding. Potentially dilutive options, restricted stock units and warrants to purchase common stock that were outstanding for the three months ended June 30, 2025 were included in the diluted income per share calculation. As a result of the net loss for the three months ended June 30, 2026, all potentially dilutive shares in such period were anti-dilutive, and therefore, excluded from the computation of diluted net loss per share.

The following is the computation of net (loss) income per common share for the six months ended June 30, 2026 and 2025:

 

 

Three Months Ended
June 30,

 

For the Six Months
Ended June 30,

 

 

2026

 

 

2025

 

2026

 

 

2025

 

Net (loss) income

 

$

(1,121

)

 

$

(2,621

)

$

(2,949

)

 

$

389

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average basic common shares outstanding

 

 

6,373,928

 

 

 

6,317,744

 

 

6,373,915

 

 

 

6,245,408

 

Dilutive effect of options, restricted stock units and warrants

 

 

 

 

 

 

 

 

 

 

10,347

 

Weighted-average diluted common shares outstanding

 

 

6,373,928

 

 

 

6,317,744

 

 

6,373,915

 

 

 

6,255,755

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.18

)

 

$

(0.41

)

$

(0.46

)

 

$

0.06

 

Diluted

 

$

(0.18

)

 

$

(0.41

)

$

(0.46

)

 

$

0.06

 

 

To the extent that securities are “anti-dilutive,” they are excluded from the calculation of diluted net income (loss) per share.

 

 

As of June 30,

 

 

2026

 

 

2025

 

Options to purchase common stock

 

 

131

 

 

 

131

 

Restricted stock units

 

 

33

 

 

 

164

 

Warrants to purchase common stock

 

 

10,022

 

 

 

10,022