Three months ended June 30,

Six months ended June 30,

2025

2024

2025

2024

Numerator: (in Thousands)

Net income

$

2,667

$

856

$

2,747

$

1,747

Denominator:

Weighted average number of basic shares outstanding

70,200,039

56,674,170

70,151,928

54,675,011

Weighted average additional shares assuming conversion of in-the-money stock options to common shares and assumed repurchase of common shares by the Company

2,380,640

2,035,000

2,346,001

1,987,000

Weighted average number of diluted common shares outstanding

72,580,679

58,709,170

72,497,929

56,662,011

Basic earnings per common share:

Net income (loss) per share – basic

$

0.04

$

0.02

$

0.04

$

0.03

Diluted earnings per common share:

Net income (loss) per share – diluted

$

0.04

$

0.01

$

0.04

$

0.03