|
7. (Loss) Income Per Share
Basic
(loss) income per share is calculated based on the weighted-average number of outstanding common shares during the applicable period.
Diluted (loss) income 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
earnings per share. The following table reconciles the (loss) income and average share amounts used to compute both basic and diluted
(loss) income per share:
Schedule
of Earnings Per Share
| |
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
| |
|
Three Months Ended |
|
|
Nine Months Ended |
|
| (Amounts in Thousands, Except for Per Share Amounts) |
|
September 30,
(Unaudited)
|
|
|
September 30,
(Unaudited)
|
|
| |
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
| (Loss) income per common share from continuing operations |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (Loss) income from continuing operations, net of taxes |
|
$ |
(8,806 |
) |
|
$ |
246 |
|
|
$ |
(16,049 |
) |
|
$ |
448 |
|
| Basic (loss) income per share |
|
$ |
(.56 |
) |
|
$ |
.02 |
|
|
$ |
(1.09 |
) |
|
$ |
.03 |
|
| Diluted (loss) income per share |
|
$ |
(.56 |
) |
|
$ |
.02 |
|
|
$ |
(1.09 |
) |
|
$ |
.03 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (Loss) income per common share from
discontinued operations, net of taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (Loss) income from discontinued operations, net of taxes |
|
$ |
(173 |
) |
|
$ |
95 |
|
|
$ |
(441 |
) |
|
$ |
(44 |
) |
| Basic (loss) income per share |
|
$ |
(.01 |
) |
|
$ |
.01 |
|
|
$ |
(.03 |
) |
|
$ |
— |
|
| Diluted loss per share |
|
$ |
(.01 |
) |
|
$ |
— |
|
|
$ |
(.03 |
) |
|
$ |
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net (loss) income per common share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net (loss) income |
|
$ |
(8,979 |
) |
|
$ |
341 |
|
|
$ |
(16,490 |
) |
|
$ |
404 |
|
| Basic (loss) income per share |
|
$ |
(.57 |
) |
|
$ |
.03 |
|
|
$ |
(1.12 |
) |
|
$ |
.03 |
|
| Diluted (loss) income per share |
|
$ |
(.57 |
) |
|
$ |
.02 |
|
|
$ |
(1.12 |
) |
|
$ |
.03 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average shares outstanding: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic weighted average shares outstanding |
|
|
15,803 |
|
|
|
13,568 |
|
|
|
14,695 |
|
|
|
13,468 |
|
| Add: dilutive effect of stock options |
|
|
— |
|
|
|
370 |
|
|
|
— |
|
|
|
244 |
|
| Add: dilutive effect of warrants |
|
|
— |
|
|
|
41 |
|
|
|
— |
|
|
|
37 |
|
| Diluted weighted average shares outstanding |
|
|
15,803 |
|
|
|
13,979 |
|
|
|
14,695 |
|
|
|
13,749 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Potential shares excluded from above weighted average share calculations due to their anti-dilutive effect include: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock options |
|
|
— |
|
|
|
— |
|
|
|
70 |
|
|
|
70 |
|
| Warrant |
|
|
62 |
|
|
|
— |
|
|
|
62 |
|
|
|
— |
|
|