v3.26.1
Net Income Per Share
6 Months Ended
Jun. 30, 2026
Net Income Per Share [Abstract]  
NET INCOME PER SHARE

15. NET INCOME PER SHARE

 

The following table sets forth the computation of basic and diluted net loss per share for the periods indicated:

 

   Six months ended
June 30,
 
   2025   2026 
Numerator:        
Numerator for basic and diluted income per share from operations  $1,884   $278 
Denominator:          
Denominator for basic and diluted income per share weighted average ordinary shares outstanding   57,127,524    57,127,524 
           
Basic and diluted net income per share (Note i)   0.0330    0.0049 
Basic and diluted net income per ADS (Note i)   0.6600    0.0980 

 

(Note i) Basic income per ADS is computed using the weighted-average number of ordinary shares outstanding during the period. Diluted income per ADS is computed using the weighted-average number of ordinary shares and ordinary share equivalents outstanding during the period. Certain outstanding stock options were excluded from the computation of diluted earnings per share because their inclusion would have been anti-dilutive. For the six months ended June 30, 2025 and 2026, approximately 3,120,000 and 3,320,000 shares, respectively, underlying such options were excluded.