Quarterly report [Sections 13 or 15(d)]

Net Earnings (Loss) Per Share (Tables)

v3.26.1
Net Earnings (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 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):

 

    March 31, 2026     March 31, 2025  
    For the three months ended  
    March 31, 2026     March 31, 2025  
Loss from continuing operations after income taxes   $ (5,354 )    $ (4,678 )
Income from discontinued operations, net of tax     -       8,644  
Net (loss) income   $ (5,354 )   $ 3,966  
Weighted average common shares outstanding:                
Basic     12,317       3,523  
Diluted     12,317       3,523  
Net earnings (loss) per share:                
Loss from continuing operations, basic and diluted   $ (0.43 )    $ (1.33 )
Income from discontinued operations, basic and diluted   $ -     $ 2.45  
Net loss (earnings) per share, basic and diluted   $ (0.43 )    $ 1.13  
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   March 31, 2026     March 31, 2025  
    For the three months ended  
Anti-dilutive securities   March 31, 2026     March 31, 2025  
Common stock purchase warrants     997       74  
Stock options     478       472  
Convertible notes     10,981       -  
Anti-dilutive securities     12,456       546