Net Loss per Share

3 Months Ended

Mar. 31, 2026

(8) Net Loss per Share

Basic net income per share is based on the weighted average number of common shares outstanding. Diluted net income per share is based on the weighted average number of common shares outstanding and the dilutive effect of outstanding stock options.


	3 Months Ended March 31,
	2026		2025

Weighted average common shares outstanding – basic		10,767,501		10,722,401
Potential shares exercisable under stock option plans		−		−
Less: Shares which could be repurchased under treasury stock method		−		−

Weighted average common shares outstanding – diluted		10,767,501		10,722,401

For the three months ended March 31, 2026, diluted net loss per share is the same as basic net loss per share because the effect of potential common shares was anti-dilutive due to the net loss reported for the period.

For the three months ended March 31, 2025, diluted net loss per share is the same as basic net loss per share because the effect of potential common shares was anti-dilutive due to the net loss reported for the period.