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Net Income (Loss) Per Share
 3 Months Ended
Mar. 31, 2025
Net Income (Loss) Per Share [Abstract]  
Net Income (Loss) Per Share

10. Net Income (Loss) Per Share

 

Basic earnings and net (loss) income per share are computed by dividing the net (loss) income available to common stockholders by the weighted average number of common shares outstanding during the period as defined by ASC Topic 260, Earnings Per Share. Diluted earnings per share is computed using the weighted average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the exercise of stock options (using the treasury stock method). To the extent stock options are antidilutive, they are excluded from the calculation of diluted loss per share. For the three months ended March 31, 2025 and 2024, 845,136 and 763,736 of shares issuable upon the exercise of outstanding stock options, respectively, were not included in the computation of diluted net loss per share because their inclusion would be antidilutive.

 

The following table summarizes the net loss per share calculation for the periods presented:

 

   Three Months Ended 
   March 31,
(unaudited)		 
   2025   2024 
Net loss from continuing operations  $808,530   $(254,315)
Net loss from discontinued operations  $
--
   $(237,992)
Net income (loss) – basic and diluted  $808,530   $(492,307)
Weighted average shares outstanding – basic   13,192,543    9,222,157 
Weighted average shares outstanding – diluted   13,192,543    9,222,157 

 

Per share data:        
Basic from continuing operations  $0.06   $(0.03)
Diluted from continuing operations  $0.06   $(0.03)
Basic from discontinued operations  $
--
   $(0.02)
Diluted from discontinued operations  $
--
   $(0.02)
Basic from operations  $0.06   $(0.05)
Diluted from operations  $0.06   $(0.05)