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Note 3 - Net Income Per Share
 9 Months Ended
Sep. 30, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

NOTE 3 — NET INCOME PER SHARE 

 

The following table presents a reconciliation of basic and diluted income per share for the three and nine months ended September 30, 2025 and 2024, as follows: 

 

  

Three Months Ended

  

Nine Months Ended

 
  

September 30,

  

September 30,

 
  

2025

  

2024

  

2025

  

2024

 

Basic income per share calculation:

                

Net income

 $7,463  $74  $6,104  $2,066 

Weighted average number of common shares outstanding

  23,102,152   22,028,854   22,748,240   21,803,073 

Basic net income per share

 $0.32  $0.00  $0.27  $0.09 

Diluted income per share calculation:

                

Net income

 $7,463  $74  $6,104  $2,066 

Weighted average number of common shares outstanding

  23,102,152   22,028,854   22,748,240   21,803,073 

Common stock equivalents:

                

Non-vested stock awards (1)

  153,310   71,582   61,150   100,741 

Weighted average number of common shares outstanding

  23,255,462   22,100,436   22,809,390   21,903,814 

Diluted net income per share

 $0.32  $0.00  $0.27  $0.09