XML 22 R12.htm IDEA: XBRL DOCUMENT v3.25.3
EARNINGS (LOSS) PER SHARE
 9 Months Ended
Sep. 30, 2025
EARNINGS (LOSS) PER SHARE  
EARNINGS (LOSS) PER SHARE

NOTE 3 – EARNINGS (LOSS) PER SHARE

Basic earnings per common share (“EPS”) is computed by dividing net income available to common stockholders by the weighted average common shares outstanding during the period. Diluted EPS is computed by dividing net income available to common stockholders by the weighted average common shares outstanding, plus the effect of common stock equivalents (for example, stock options computed using the treasury stock method).

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

Nine Months Ended

​

​

​

September 30, 

​

September 30, 

​

​

    

2025

    

2024

    

2025

    

2024

    

Basic and diluted income (loss) per share:

​

​

​

​

​

​

​

​

​

​

​

​

​

Net income (loss)

​

$

125,280

​

$

129,191

​

$

66,277

​

$

(72,131)

​

Weighted average common shares outstanding

​

 

2,919,695

​

 

2,897,929

​

 

2,916,051

​

 

2,891,585

​

Basic and dilutive net income (loss) per share

​

$

0.04

​

$

0.04

​

$

0.02

​

$

(0.02)

​

​

Diluted earnings per share calculations were not required for the three- and nine-month periods ended September 30, 2025 and 2024, as there were no stock options outstanding.