Earnings Per Share The following table sets forth the computation of basic and diluted loss per share:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
(in thousands, except per share data) |
2025 |
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2024 |
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2025 |
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2024 |
Numerator: |
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Net loss from continuing operations |
$ |
(2,447) |
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$ |
(1,450) |
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$ |
(4,453) |
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$ |
(4,931) |
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Net income (loss) from discontinued operations |
$ |
8,733 |
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$ |
524 |
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$ |
8,446 |
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$ |
(1,488) |
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Net income (loss) |
$ |
6,286 |
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$ |
(926) |
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$ |
3,993 |
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$ |
(6,419) |
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Denominator: |
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Weighted-average common shares outstanding |
9,751 |
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10,126 |
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9,913 |
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10,110 |
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Effect of dilutive securities: |
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Employee stock options and stock grants |
— |
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— |
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— |
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— |
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Weighted-average common shares, as adjusted |
9,751 |
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10,126 |
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9,913 |
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10,110 |
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Net loss per share from continuing operations: |
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Basic |
$ |
(0.25) |
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$ |
(0.14) |
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$ |
(0.45) |
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$ |
(0.49) |
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Diluted |
$ |
(0.25) |
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$ |
(0.14) |
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$ |
(0.45) |
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$ |
(0.49) |
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Net income (loss) per share from discontinued operations: |
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Basic |
$ |
0.90 |
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$ |
0.05 |
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$ |
0.85 |
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$ |
(0.15) |
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Diluted |
$ |
0.90 |
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$ |
0.05 |
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$ |
0.85 |
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$ |
(0.15) |
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Net income (loss) per share: |
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Basic |
$ |
0.65 |
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$ |
(0.09) |
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$ |
0.40 |
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$ |
(0.64) |
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Diluted |
$ |
0.65 |
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$ |
(0.09) |
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$ |
0.40 |
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$ |
(0.64) |
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The diluted earnings (loss) per share calculations exclude the effect of potentially dilutive shares when the inclusion of those shares in the calculation would have an anti-dilutive effect. The Company had $0.1 million shares that were anti-dilutive for the three and six months ended June 30, 2025 and 2024, respectively.
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