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EARNINGS PER SHARE (EPS)

9 Months Ended

Dec. 31, 2024

EARNINGS PER SHARE (EPS)

EARNINGS PER SHARE (EPS)

NOTE 5 – EARNINGS PER SHARE (EPS)

Basic EPS is computed by dividing reported earnings available to stockholders by the weighted average number of shares outstanding. Diluted EPS also includes the effect of stock options and restricted stock that would be dilutive. The following table provides a reconciliation of the numerators and denominators reflected in the basic and diluted earnings per share computations for the periods ended:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months ended

Three Months ended

Nine Months ended

Nine Months ended

​

​

​

December 31, 2024

​

December 31, 2023

​

December 31, 2024

​

December 31, 2023

​

Basic and diluted EPS

​

​

​

​

​

​

​

​

​

​

​

​

​

Net loss

​

$

(799)

​

$

(865)

​

$

(2,860)

​

$

(1,921)

​

Weighted average shares – basic and diluted

​

9,607,785

​

​

8,759,171

​

​

9,389,346

​

​

8,698,034

​

Net loss per share

​

$

(0.08)

​

$

(0.10)

​

$

(0.30)

​

$

(0.22)

​

​

​

The following table depicts all potential common stock equivalents that have an anti-dilutive effect are excluded from the calculation of diluted EPS (i.e., those that increase income per share or decrease loss per share), for the periods ended:

​

​	​	​	​	​	​	​	​	​
​		Three Months ended		Three Months ended		Nine Months ended		Nine Months ended
​	​	December 31, 2024	​	December 31, 2023	​	December 31, 2024	​	December 31, 2023
Stock options		542,500		542,500		542,500		542,500
Warrants		566,783		25,000		566,783		25,000
Restricted stock		55,000		—		55,000		—

​

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- References

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/260/tableOfContent

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-3

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