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Earnings (Loss) Per Common Share
 3 Months Ended
Mar. 31, 2026
Earnings (Loss) Per Common Share [Abstract]  
Earnings (loss) per common share

10. Earnings (loss) per common share

 

The following table sets forth the computation of basic and diluted earnings (loss) per common share for the periods presented (in thousands, except per share amounts):

 

   Three Months Ended
March 31,		 
   2026   2025 
Numerator:        
Income (loss) from continuing operations, net of income taxes  $103   $(636)
Loss from discontinued operations, net of income taxes   (8)   (17)
Net income (loss)  $95   $(653)
Denominator:          
Weighted average common shares outstanding - basic   11,574    11,552 
Effect of dilutive securities   66    
—
 
Weighted average common shares outstanding - diluted   11,640    11,552 
           
Income (loss) per common share, continuing operations, net of income taxes          
Basic  $0.01   $(0.06)
Diluted  $0.01   $(0.06)
Income (loss) per common share, discontinued operations, net of income taxes          
Basic  $0.00   $0.00 
Diluted  $0.00   $0.00 

For the three months ended March 31, 2026, the remaining balance of our warrants and a portion of the stock options were excluded from the calculation of diluted earnings (loss) per share because the weighted exercise prices of the warrants and stock options were greater than or equal to the average price of the common shares and were therefore anti-dilutive.

 

For the three months ended March 31, 2025, since we reported a net loss from continuing operations, our potentially dilutive securities are deemed to be anti-dilutive, accordingly, there was no effect of dilutive securities. Therefore, our basic and diluted loss per common share and our basic and diluted weighted average common shares from continuing operations are the same for the three months ended March 31, 2025.

 

The following table sets forth the outstanding weighted average securities for the periods presented which were not included in the calculation of diluted earnings (loss) per common share as of March 31 for the respective three month periods (in thousands):

 

   As of March 31, 
   2026   2025 
Stock options   38    52 
PSUs   
-
    5 
Warrants   98    98 
    136    155