Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE

EARNINGS (LOSS) PER SHARE

6 Months Ended

Jun. 30, 2024

NOTE 13. EARNINGS (LOSS) PER SHARE

Basic earnings (loss) per share is computed by dividing earnings (loss) by the weighted average number of common shares outstanding during each period. Diluted earnings (loss) per share is computed by dividing earnings (loss) by the total of the weighted average number of shares of common stock outstanding during each period, plus the effect of dilutive outstanding stock options and unvested restricted stock grants. Potentially dilutive securities are excluded from the computation of diluted earnings (loss) per share if their effect is anti-dilutive to the loss from continuing operations.

The following table is a reconciliation of basic and diluted shares of common stock outstanding used in the calculation of earnings (loss) per share:


	Three Months Ended				Six Months Ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023

Weighted average shares outstanding - basic		38,297		37,192		38,253		37,164
Effect of dilutive stock awards		-		-		-		-
Weighted average shares outstanding - diluted		38,297		37,192		38,253		37,164

Loss from continuing operations per share:
Basic	$	(0.14)	$	(0.12)	$	(0.31)	$	(0.17)
Diluted		(0.14)		(0.12)		(0.31)		(0.17)

Income from discontinued operations per share:
Basic	$	-	$	0.06	$	0.74	$	0.16
Diluted		-		0.06		0.74		0.16

Net (loss) income per share:
Basic	$	(0.14)	$	(0.06)	$	0.43	$	(0.01)
Diluted		(0.14)		(0.06)		0.43		(0.01)

For the three months ended June 30, 2024 and 2023, equity awards of 5,762 and 6,082, respectively, and for the six months ended June 30, 2024 and 2023, equity awards of 5,405 and 6,058, respectively, were excluded from the calculation of earnings (loss) per share for these periods as they were anti-dilutive.