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Note 16 - Earnings per Share | 12 Months Ended
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Dec. 31, 2024
Notes to Financial Statements |
Earnings Per Share [Text Block] | Note 16 – Earnings per Share The following table summarizes the calculation of diluted common shares and earnings per share:
|  | Year ended |
|  | December 31, |  |  | December 31, |
(in thousands except per share data) |  | 2024 |  |  | 2023 |
Net income |  | $ | 3,672 |  |  | $ | 6,135 |
Weighted average number of common shares used in basic net income per common share |  |  | 13,838 |  |  |  | 13,733 |
Dilutive effects of stock options and unvested restricted stock |  |  | 82 |  |  |  | 68 |
Weighted average number of common shares used in diluted net income per common share |  | $ | 13,920 |  |  | $ | 13,801 |
Earnings per share |  |  |  |  |  |  |  |
Basic |  | $ | 0.27 |  |  | $ | 0.45 |
Diluted |  | $ | 0.26 |  |  | $ | 0.45 |
Outstanding common stock equivalents at December 31, 2024 and December 31, 2023 totaled approximately 106 thousand and 155 thousand, respectively.

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