Annual report pursuant to Section 13 and 15(d)

Loss Per Share

v3.22.1
Loss Per Share
 12 Months Ended
Dec. 31, 2021
Net Income (Loss) Per Share:  
Loss Per Share

Note D – Income (Loss) Per Share

Basic Income (Loss) per share is calculated by dividing the net income (loss) by the weighted average number of outstanding common shares during the period. Diluted per share data included the dilutive effects of stock options and restricted stock units. Potential shares of 12,500 and 662,500 at December 31, 2021 and 2020, respectively, consist of options and restricted stock units. Computations of basic and diluted weighted average common shares outstanding are as follows:

  2021     2020  
             
Weighted-average common shares
outstanding – basic		     24,136,821       24,011,354  
                 

Dilutive effect of stock options and

restricted stock units

     393,747      

 

—

  
                 
Weighted-average common shares
outstanding – diluted		     24,530,568       24,011,354  
                 
Stock option and restricted stock units
excluded from the computation of diluted
income per share because the effect of
inclusion would have been anti-dilutive		     12,500       662,500