The following data show the amounts used in computing EPS and the effect on income (loss) and the weighted average number of shares for the three months ended June 30, 2026 and 2025: | | | | | | | | | | Three Months Ended June 30, | (in thousands, except share and per share data) | | 2026 | | 2025 | Net income (loss) available to common shareholders used in basic and diluted earnings per share | | $ | 288 | | $ | (6,102) | Weighted average number of common shares used in basic earnings per share | | | 18,706,169 | | | 918,739 | Adjustments to weighted average shares for shares used in diluted earnings per share: | | | | | | | Weighted average number of common shares for assumed conversion of convertible debt | | | 2,591,053 | | | — | Weighted average number of common shares for assumed conversion of convertible preferred stock | | | 4,046,984 | | | — | Weighted average number of common shares used in diluted earnings per share | | | 25,344,206 | | | 918,739 | Net income (loss) per common share – basic | | $ | 0.02 | | $ | (6.64) | Net income (loss) per common share – diluted | | $ | 0.01 | | $ | (6.64) |
The following data show the amounts used in computing EPS and the effect on income and the weighted average number of shares for the six months ended June 30, 2026 and 2025: | | | | | | | | | Six Months Ended June 30, | (in thousands, except share and per share data) | | 2026 | | 2025 | Net loss available to common shareholders used in basic and diluted earnings per share | | $ | (6,270) | | $ | (11,934) | Weighted average number of common shares used in basic and diluted earnings per share | | | 10,098,017 | | | 916,370 | Net loss per common share – basic and diluted | | $ | (0.62) | | $ | (13.02) |
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