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Note 10 - Basic and Diluted Net Loss per Common Share
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 10 — Basic and Diluted Net Loss per Common Share

 

Basic and diluted net loss per share is computed using the weighted average number of shares of common stock outstanding during the period. Common stock equivalents (using the treasury stock and “if converted” method) from stock options, RSUs, and warrants at December 31, 2024, 2023 and 2022 were 6,389,345, 5,418,251, and 5,494,153 respectively, and are excluded from the calculation of diluted net loss per share because the effect is anti-dilutive. Included in the basic and diluted net loss per share calculation were RSUs awarded to directors that had vested, but the issuance and delivery of the shares are deferred until the director retires from service as a director.

 

The following table shows the computation of basic and diluted net loss per common share:

 

  

Year ended

  

Year ended

  

Year ended

 
  

December 31,

  

December 31,

  

December 31,

 
  

2024

  

2023

  

2022

 

Net loss

 $(3,823) $(936) $(9,021)

Weighted average common shares outstanding (basic and diluted)

  25,895,086   25,645,366   25,145,657 

Net loss per common share (basic and diluted)

 $(0.15) $(0.04) $(0.36)