Quarterly report [Sections 13 or 15(d)]

Loss Per Share

v3.25.2
Loss Per Share
6 Months Ended
Jun. 30, 2025
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 earnings per share. The following table reconciles the loss and average share amounts used to compute both basic and diluted loss per share:

 

                 
    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
(Amounts in Thousands, Except for Per Share Amounts)   (Unaudited)     (Unaudited)  
    2025     2024     2025     2024  
Loss per common share from continuing operations                                
Loss from continuing operations, net of taxes   $ (2,583 )   $ (3,785 )   $ (6,083 )   $ (7,243 )
Basic loss per share   $ (.14 )   $ (.26 )   $ (.33 )   $ (.51 )
Diluted loss per share   $ (.14 )   $ (.26 )   $ (.33 )   $ (.51 )
                                 
Loss per common share from discontinued operations, net of taxes                                
Loss from discontinued operations, net of taxes   $ (133 )   $ (166 )   $ (206 )   $ (268 )
Basic loss per share   $ (.01 )   $ (.01 )   $ (.01 )   $ (.02 )
Diluted loss per share   $ (.01 )   $ (.01 )   $ (.01 )   $ (.02 )
                                 
Net loss per common share                                
Net loss   $ (2,716 )   $ (3,951 )   $ (6,289 )   $ (7,511 )
Basic loss per share   $ (.15 )   $ (.27 )   $ (.34 )   $ (.53 )
Diluted loss per share   $ (.15 )   $ (.27 )   $ (.34 )   $ (.53 )
                                 
Weighted average shares outstanding:                                
Basic weighted average shares outstanding     18,448       14,593       18,436       14,134  
Add: dilutive effect of stock options                        
Add: dilutive effect of warrants                        
Diluted weighted average shares outstanding     18,448       14,593       18,436       14,134  

 

For the three and six months ended June 30, 2025, 1,152,438 and 1,146,361 weighted average number of shares of common stock underlying options and warrants, respectively, were excluded from the computation of diluted loss per share because the effect would be anti-dilutive.

 

For the three and six months ended June 30, 2024, 971,297 and 954,245 weighted average number of shares of common stock underlying options and warrants, respectively, were excluded from the computation of diluted loss per share because the effect would be anti-dilutive.