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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings per common share:  
Schedule of basic and diluted net income per common share

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Net income/(loss) (in thousands) (A)

 

$1,232

 

 

$588

 

 

$2,403

 

 

$1,022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average share reconciliation:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average basic shares outstanding (B)

 

 

29,430,050

 

 

 

26,664,220

 

 

 

28,731,048

 

 

 

26,489,562

 

Dilutive effect of stock-based awards

 

 

1,804,661

 

 

 

2,846,683

 

 

 

2,434,313

 

 

 

3,321,276

 

Diluted weighted-average outstanding shares of common stock (C)

 

 

31,234,711

 

 

 

29,510,903

 

 

 

31,165,361

 

 

 

29,810,838

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic (A/B)

 

$0.04

 

 

$0.02

 

 

$0.08

 

 

$0.04

 

Diluted (A/C)

 

$0.04

 

 

$0.02

 

 

$0.08

 

 

$0.03

 

Schedule of common stock not included in the computation of diluted income per share

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Stock options

 

 

2,331,638

 

 

 

3,160,358

 

 

 

1,725,349

 

 

 

2,746,780