XML 29 R15.htm IDEA: XBRL DOCUMENT v3.26.1
Note 9 - Basic and Diluted Net Loss per Common Share
 3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 9 — Basic and Diluted Net Loss per Common Share

 

For the three months ended March 31, 2026 and 2025, basic and diluted net income (loss) per share is computed using the weighted average number of shares of common stock outstanding during the period and includes common stock equivalents (using the treasury stock and “if converted” method) from stock options, RSUs, ESPP and warrants. For the three months ended March 31, 2025, 4,130,700, in common stock equivalents are excluded from the calculation of diluted net loss per share because the effect was anti-dilutive. During the three months ended March 31, 2026 and 2025, 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:

 

   

Three Months Ended

  
   

March 31,

    

March 31,

  
   

2026

    

2025

  
                 

Net income (loss)

   $ 1,554     $ (1,572 )

Weighted average common shares outstanding, basic

     27,285,236       26,886,000  

Net income (loss) per share, basic

   $ 0.06     $ (0.06 )

Weighted average common shares outstanding, diluted

     31,547,220       26,886,000  

Net income (loss) per share, diluted

   $ 0.05     $ (0.06 )