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Note 2 - Earnings (Loss) per Share
9 Months Ended
Sep. 30, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

2.

Earnings (Loss) per Share

 

Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the periods presented. The computation of diluted earnings (loss) per share is similar to the computation of basic earnings per share, except that the denominator is increased for the assumed exercise of dilutive options and other potentially dilutive securities using the treasury stock method unless the effect is antidilutive. The following table summarizes the calculation of basic and diluted net loss per share of common stock:

 

 

   

Three Months Ended September 30,

   

Nine Months Ended September 30,

 

(in thousands, except per share data)

 

2025

   

2024

   

2025

   

2024

 

Net loss

  $ (1,231 )   $ (4,802 )   $ (53,853 )   $ (12,423 )

Weighted average shares outstanding - basic

    44,556       43,614       44,320       43,499  

Dilutive effect of equity awards

    -       -       -       -  

Weighted average shares outstanding - diluted

    44,556       43,614       44,320       43,499  

Basic loss per share

  $ (0.03 )   $ (0.11 )   $ (1.22 )   $ (0.29 )

Diluted loss per share

  $ (0.03 )   $ (0.11 )   $ (1.22 )   $ (0.29 )

Shares excluded from diluted loss per share due to their anti-dilutive effect

    2,666       3,988       2,523       3,730