Note 2 - Net Income (Loss) Per Share |
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Earnings Per Share [Text Block] |
Note 2. Net Income (Loss) Per Share
Basic net income (loss) per common share (“EPS”) is computed by dividing net income (loss) by the weighted average number of common shares outstanding for the reporting period. Diluted EPS equals net income (loss) divided by the sum of the weighted average number of shares of common stock outstanding plus all additional common stock equivalents, such as stock options, when dilutive.
The following is a reconciliation of the numerator and denominator of the net income (loss) per common share computations for the three and nine months ended June 30, 2025, and 2024:
For the three months and nine months ended June 30, 2025, 379,471 and 395,619 stock options, as well as 76,121 and 76,121 performance stock units, were not included in the computation of diluted net income (loss) per share because the effect would have been anti-dilutive. For the three months and nine months ended June 30, 2024, 366,984 and 364,104 stock options, as well as 47,745 and 47,745 performance stock units, were not included in the computation of diluted net loss per share because the effect would have been anti-dilutive. |