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Note 10 - Earnings (Loss) Per Share - Common Stock ("EPS")
 3 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Earnings Per Share [Text Block]

10.

EARNINGS (LOSS) PER SHARE - COMMON STOCK (“EPS”)

 

The Company’s basic EPS is calculated using net income (loss) available to common shareholders and the weighted-average number of shares outstanding during the reporting period. Diluted EPS includes the effect from potential issuance of common stock, such as stock issuable pursuant to the exercise of stock options and warrants and the assumed conversion of preferred stock.

 

The following table summarizes the weighted average securities that were excluded from the diluted per share calculation because the effect of including these potential shares was antidilutive.

 

 

  

Years ended December 31,

 
  

2023

  

2022

 
         

Stock options

  

-

   

-

 

Warrants

  

126,131

   

-

 

Total

  

126,131

   

-

 

 

 

 

The following table sets forth options and warrants which were excluded from the diluted per share calculation because the exercise price was greater than the average market price of the common shares:

 

  

Three Months ended

 
  

March 31,

 
  

2024

  

2023

 
         

Stock options

  9,236   11,313 

Warrants

  1,722,695   270,672 

Total

  1,731,931   281,985