Quarterly report [Sections 13 or 15(d)]

Loss Per Share

v3.26.1
Loss Per Share
 3 Months Ended
Mar. 31, 2026
Net loss per common share - basic and diluted:  
Loss Per Share

 

7. Loss Per Share

 

Basic loss per share is calculated based on the weighted-average number of outstanding common shares during the applicable period. Diluted loss per share is based on the weighted-average number of outstanding common shares plus the weighted-average number of potential outstanding common shares. In periods where they are anti-dilutive, such amounts are excluded from the calculations of dilutive loss per shares. The following table reconciles the loss and average share amounts used to compute both basic and diluted loss per share:

 

(Amounts in Thousands, Except for Per Share Amounts)   2026     2025  
    Three Months Ended  
    (Unaudited)  
    March 31,  
(Amounts in Thousands, Except for Per Share Amounts)   2026     2025  
Loss per common share from continuing operations            
Loss from continuing operations, net of taxes   $ (7,375 )   $ (3,500 )
Basic and diluted loss per share   $ (.40 )   $ (.19 )
                 
Loss per common share from discontinued operations, net of taxes                
Loss from discontinued operations, net of taxes   $ (112 )   $ (73 )
Basic and diluted loss per share   $ —     $ —  
                 
Net loss per common share                
Net loss   $ (7,487 )   $ (3,573 )
Basic and diluted loss per share   $ (.40 )   $ (.19 )
                 
Weighted average shares outstanding:                
Basic weighted average shares outstanding     18,542       18,424  
Add: dilutive effect of stock options     —       —  
Add: dilutive effect of warrants     —       —  
Diluted weighted average shares outstanding     18,542       18,424  

 

For the three months ended March 31, 2026, 1,138,038 weighted average shares of Common Stock underlying options and warrants were excluded from the computation of diluted loss per share because the effect would be anti-dilutive.

 

For the three months ended March 31, 2025, 1,174,216 weighted average shares of Common Stock underlying options and warrants were excluded from the computation of diluted loss per share because the effect would be anti-dilutive.