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Note 11 - Earnings (Loss) Per Share - Common Stock ("EPS")
9 Months Ended
Sep. 30, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

11.

EARNINGS (LOSS) PER SHARE - COMMON STOCK (“EPS”)

 

The Company’s basic EPS is calculated using net income (loss) available to common shareholders and the weighted-average number of shares outstanding (as adjusted to reflect our 1-for-10 reverse stock split, which was effective April 30, 2026) during the reporting period. Diluted EPS includes the effect from potential issuance of common stock, such as stock issuable pursuant to the exercise of stock options and warrants.

 

For the three and nine months ended September 30, 2026 and 2025, the Company incurred net losses which cannot be diluted; therefore, basic and diluted loss per common share is the same. As of September 30, 2026 and 2025, shares issuable which could potentially dilute future earnings were as follows:

 

  

Three Months ended

  

Nine Months Ended

 
  

September 30,

  

September 30,

 
  

2026

  

2025

  

2026

  

2025

 
                 

Stock options

  40,065   186   40,065   186 

Warrants

  1,279,971   399,569   1,279,971   399,569 

Total

  1,320,036   399,755   1,320,036   399,755