Earnings Per Share

12 Months Ended

Dec. 31, 2024

Basic income (loss) per share (“EPS”) is calculated using the income available to common stockholders, divided by the weighted average number of shares outstanding during the period. Diluted earnings per share is calculated using income available to common stockholders divided by the weighted average number of shares of common stock including both shares outstanding and shares potentially issuable in connection with restricted common stock awards and stock options under our stock incentive plans.

Reconciliations of basic and diluted EPS are as follows:


	Year Ended December 31,
In thousands, except per share amounts	2024		2023
Numerator:
Net loss	$	(30,297)	$	(1,570)

Denominator:
Basic EPS denominator:	7,293		7,310
Diluted EPS denominator	7,293		7,310

Basic (loss) income per common share	$	(4.15)	$	(0.21)
Diluted (loss) income per common share	$	(4.15)	$	(0.21)

For the years ended December 31, 2024 and 2023, respectively, the following shares have been excluded from the calculation of shares used in the diluted EPS calculation: 349,129 and 99,791 shares of anti-dilutive market price options; 20,685 and 37,653 anti-dilutive unvested shares.