XML 22 R12.htm IDEA: XBRL DOCUMENT
v3.25.2

Note 6 - Net Income (Loss) Per Share | 6 Months Ended
--- | ---
Jun. 30, 2025
Notes to Financial Statements |
Earnings Per Share [Text Block] | Note 6. Net Income (Loss) Per Share Basic income (loss) per share (EPS) was computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted EPS differs from basic EPS due to the assumed conversion of potentially dilutive awards and options that were outstanding during the period. Holders of unvested restricted stock awards have the right to receive nonforfeitable dividends on the same basis as common shares; therefore, unvested restricted stock is considered a participating security for the purpose of calculating EPS. The following is a reconciliation of the numerators and the denominators of the basic and diluted per share computations for net income (loss) for the three and six months ended June 30, 2025 and 2024.
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator for basic and diluted income (loss) per share, net (loss) available to common shareholders |  | $ | (366,654 | ) |  | $ | 75,492 |  |  | $ | (601,624 | ) |  | $ | (174,696 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Denominator for basic income (loss) per share, weighted average shares outstanding |  |  | 26,456,411 |  |  |  | 26,534,407 |  |  |  | 26,577,052 |  |  |  | 26,454,848 |
Effect of dilutive securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Denominator for diluted earnings per share, adjusted for weighted average shares and assumed conversion |  |  | 26,456,411 |  |  |  | 26,534,407 |  |  |  | 26,577,052 |  |  |  | 26,454,848 |
Basic income (loss) per common share |  | $ | (0.01 | ) |  | $ | 0.00 |  |  | $ | (0.02 | ) |  | $ | (0.01 | )
Diluted income (loss) per common share and common share equivalent |  | $ | (0.01 | ) |  | $ | 0.00 |  |  | $ | (0.02 | ) |  | $ | (0.01 | )
The warrants to purchase shares of common stock that were outstanding at June 30, 2025 and 2024 that were not included in the computation of diluted earnings per share because the effect would have been anti-dilutive, are as follows:
|  | Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |
Anti-dilutive warrants |  |  | 945,599 |  |  |  | 945,599 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration