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Note 7 - Earnings (Loss) Per Share
 9 Months Ended
Sep. 30, 2024
Notes to Financial Statements  
Earnings Per Share [Text Block]

NOTE 7.     EARNINGS (LOSS) PER SHARE

 

Basic earnings (loss) per share (“basic EPS”) is computed by dividing the net income or loss by the weighted average number of common shares outstanding for the reporting period. Diluted earnings (loss) per share (“diluted EPS”) gives effect to all dilutive potential shares outstanding. As the Company is in a net loss position for all periods presented, all potential shares outstanding are anti-dilutive. The following table provides the computation of basic and diluted loss per share.

 

   

Three Months Ended

    

Nine Months Ended

  
   

September 30,

    

September 30,

  

(in thousands, except per share data)

  

2024

    

2023

    

2024

    

2023

  

Numerator:

                                

Net loss attributable to stockholders

   $ (4,703 )   $ (4,629 )   $ (18,835 )   $ (9,106 )
                                 

Denominator:

                                

Weighted average shares outstanding - basic and diluted

     34,644       34,642       34,644       34,614  
                                 

Loss per share:

                                

Basic and diluted

   $ (0.14 )   $ (0.13 )   $ (0.54 )   $ (0.26 )
                                 

Anti-dilutive instruments excluded from diluted loss per common share:

                                

Options

     8,257       7,713       8,257       7,713  

Warrants

     1,500       250       1,500       250