XML 143 R18.htm IDEA: XBRL DOCUMENT v3.25.4
EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2025
EARNINGS PER SHARE  
EARNINGS PER SHARE

11.EARNINGS PER SHARE

Basic earnings (loss) per share is computed by dividing the net income (loss) by the weighted average number of shares of common stock outstanding during the year. Dilutive earnings per share is computed consistently with the basic computation while giving effect to all dilutive potential common shares and common share equivalents that were outstanding during the period. The Company uses the treasury stock method to reflect the potential dilutive effect of unvested stock awards and unexercised options.

The following table sets forth the calculation of basic and diluted earnings per share attributable to common stock during the years presented:

Year Ended December 31,

2025

2024

2023

Numerator:

Net income (loss) from continuing operations

($ 22,714)

($ 16,788)

$ 3,533

Net income (loss) from discontinued operations

$ -

($ 4,479)

($ 12,506)

Net income (loss)

($ 22,714)

($ 21,267)

($ 8,973)

Denominator:

Weighted average shares - basic

156,879,412

153,684,907

153,232,129

Dilutive effect of common stock equivalents

-

-

3,541,399

Weighted average shares - diluted

156,879,412

153,684,907

156,773,528

Earnings per share:

Net income (loss) from continuing operations per share - basic

($ 0.14)

($ 0.11)

$ 0.02

Net income (loss) from discontinued operations per share - basic

$ -

($ 0.03)

($ 0.08)

Net income (loss) per share - basic

($ 0.14)

($ 0.14)

($ 0.06)

Net income (loss) from continuing operations per share - diluted

($ 0.14)

($ 0.11)

$ 0.02

Net income (loss) from discontinued operations per share - diluted

$ -

($ 0.03)

($ 0.08)

Net income (loss) per share - diluted

($ 0.14)

($ 0.14)

($ 0.06)

For the years ended December 31, 2025, 2024 and 2023, total outstanding shares of common stock excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive were 3,419,590, 3,698,061 and 820,376, respectively.