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EARNINGS PER SHARE ("EPS") | 6 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
EARNINGS PER SHARE ("EPS") | NOTE 5 - EARNINGS PER SHARE (“EPS”) Basic earnings per share are based on the weighted average number of ordinary shares outstanding, net of treasury shares. Diluted EPS is based on those shares used in basic EPS plus shares that would have been outstanding assuming issuance of ordinary shares for all dilutive potential ordinary shares outstanding.
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Numerator for EPS: |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 3,442 |  |  | $ | 2,617 |  |  | $ | 7,255 |  |  | $ | 4,727 |
Denominator for EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding – basic |  |  | 11,447,986 |  |  |  | 10,394,654 |  |  |  | 11,196,992 |  |  |  | 10,386,859 |
Dilutive shares |  |  | 218,323 |  |  |  | 166,766 |  |  |  | 212,496 |  |  |  | 335,294 |
Weighted average shares outstanding – diluted |  |  | 11,666,309 |  |  |  | 10,561,420 |  |  |  | 11,409,488 |  |  |  | 10,722,153 |
EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.30 |  |  | $ | 0.26 |  |  | $ | 0.65 |  |  | $ | 0.46 |
Diluted |  | $ | 0.30 |  |  | $ | 0.25 |  |  | $ | 0.64 |  |  | $ | 0.44 |

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