XML 26 R16.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

EARNINGS PER SHARE | 6 Months Ended
--- | ---
Mar. 31, 2024
Earnings Per Share [Abstract] |
EARNINGS PER SHARE |
NOTE 8 | EARNINGS PER SHARE
Basic earnings per share data for each period presented is computed using the weighted average number of shares of common stock outstanding during each such period. Diluted earnings per share data is computed using the weighted average number of common and dilutive common equivalent shares outstanding during each period. Dilutive common-equivalent shares consist of shares that would be issued upon the exercise of stock options and warrants, computed using the treasury stock method. A reconciliation of basic and diluted earnings per share is as follows:
Schedule of basic and diluted earnings per share |  |  |  |  |  |  |  |  |  |  |  |
|  | For the Three Months Ended |  |  | For the Six Months Ended |
|  | March 31, |  |  | March 31, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Loss from continuing operations |  | $ | (546,000 | ) |  | $ | (119,000 | ) |  | $ | (927,000 | ) |  | $ | (210,000 | )
(Loss) / income from discontinued operations, net of tax |  |  | (7,000 | ) |  |  | (752,000 | ) |  |  | 20,000 |  |  |  | (1,091,000 | )
Net loss |  | $ | (553,000 | ) |  | $ | (871,000 | ) |  | $ | (907,000 | ) |  | $ | (1,301,000 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding |  |  | 10,061,000 |  |  |  | 10,061,000 |  |  |  | 10,061,000 |  |  |  | 10,061,000 |
Dilutive common share equivalents |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |
Weighted average dilutive shares outstanding |  |  | 10,061,000 |  |  |  | 10,061,000 |  |  |  | 10,061,000 |  |  |  | 10,061,000 |
Basic (loss)/earnings per share : |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic loss per share from continuing operations |  | $ | (0.05 | ) |  | $ | (0.01 | ) |  | $ | (0.09 | ) |  | $ | (0.02 | )
Basic (loss)/earnings per share from discontinued operations |  |  | (0.00 | ) |  |  | (0.07 | ) |  |  | 0.00 |  |  |  | (0.11 | )
Basic loss per share |  | $ | (0.05 | ) |  | $ | (0.09 | ) |  | $ | (0.09 | ) |  | $ | (0.13 | )
Diluted (loss)/earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Diluted loss per share from continuing operations |  | $ | (0.05 | ) |  | $ | (0.01 | ) |  | $ | (0.09 | ) |  | $ | (0.02 | )
Diluted (loss)/earnings per share from discontinued operations |  |  | (0.00 | ) |  |  | (0.07 | ) |  |  | 0.00 |  |  |  | (0.11 | )
Diluted loss per share |  | $ | (0.05 | ) |  | $ | (0.09 | ) |  | $ | (0.09 | ) |  | $ | (0.13 | )
The following securities were excluded from the calculation of diluted earnings per share in each period because their inclusion would have been anti-dilutive:
Schedule of anti-dilutive shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | For the Three Months Ended March 31, |  |  | For the Six Months Ended March 31, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Options |  |  | 974,000 |  |  |  | 1,040,000 |  |  |  | 974,000 |  |  |  | 1,040,000 |
Warrants |  |  | 75,000 |  |  |  | 151,000 |  |  |  | 75,000 |  |  |  | 151,000 |
Total potentially dilutive shares |  |  | 1,049,000 |  |  |  | 1,191,000 |  |  |  | 1,049,000 |  |  |  | 1,191,000 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration