Quarterly report [Sections 13 or 15(d)]

Net Earnings (Loss) Per Share (Tables)

v3.26.1
Net Earnings (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Reconciliation of the Weighted Average Number of Common Shares Outstanding used in Calculating Basic and Diluted Net Loss Per Share

The following is a reconciliation of the weighted average number of common shares outstanding used in calculating basic and diluted net loss per share (in thousands):

 

    June 30, 2026     June 30, 2025     June 30, 2026     June 30, 2025  
    For the three months ended     For the six months ended  
    June 30, 2026     June 30, 2025     June 30, 2026     June 30, 2025  
Loss from continuing operations after income taxes   $ (3,051 )   $ (4,472 )   $ (8,226 )   $ (9,150 )
Income from discontinued operations, net of tax     -       -       -       8,644  
Net loss   $ (3,051 )   $ (4,472 )   $ (8,226 )   $ (506 )
Weighted average common shares outstanding:                                
Basic     14,016       4,154       13,171       3,840  
Diluted     14,016       4,154       13,171       3,840  
Net earnings (loss) per share:                                
Loss from continuing operations, basic and diluted   $ (0.22 )   $ (1.08 )   $ (0.62 )   $ (2.38 )
Income from discontinued operations, basic and diluted   $ -     $ -     $ -     $ 2.25  
Net loss (earnings) per share, basic and diluted   $ (0.22 )   $ (1.08 )   $ (0.62 )   $ (0.13 )
Schedule of Anti-dilutive Securities Excluded from the Income Per Share Computation

The following table represents the number of securities excluded from the income per share computation as a result of their anti-dilutive effect (in thousands):

 

Anti-dilutive securities   June 30, 2026     June 30, 2025     June 30, 2026     June 30, 2025  
    For the three months ended     For the six months ended  
Anti-dilutive securities   June 30, 2026     June 30, 2025     June 30, 2026     June 30, 2025  
Common stock purchase warrants     997       174       997       174  
Stock options     478       445       478       445  
Convertible notes     13,773       -       13,773       -  
Anti-dilutive securities     15,248       619       15,248       619