Quarterly report pursuant to Section 13 or 15(d)

Income (Loss) Per Share

v3.22.2.2
Income (Loss) Per Share
6 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Income (Loss) Per Share

NOTE 6 – INCOME (LOSS) PER SHARE:

Basic income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding for the period. Diluted income (loss) per share is calculated by dividing net income (loss) by the weighted average number

of common shares outstanding and, when applicable, potential common shares outstanding during the period. A reconciliation of the numerators and denominators of basic and diluted income (loss) per share is presented below:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

 

September 30,

 

 

September 30,

 

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

Basic income (loss) per share

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(196

)

 

$

(492

)

 

$

480

 

 

$

(3,618

)

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares
   outstanding

 

 

10,617

 

 

 

10,681

 

 

 

10,614

 

 

 

10,442

 

 

Basic income (loss) per share

 

$

(0.02

)

 

$

(0.05

)

 

$

0.05

 

 

$

(0.35

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted income (loss) per share

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(196

)

 

$

(492

)

 

$

480

 

 

$

(3,618

)

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares
   outstanding

 

 

10,617

 

 

 

10,681

 

 

 

10,614

 

 

 

10,442

 

 

Restricted stock units outstanding

 

 

 

 

 

 

 

 

4

 

 

 

 

 

Weighted average common and
   potential common shares
   outstanding

 

 

10,617

 

 

 

10,681

 

 

 

10,618

 

 

 

10,442

 

 

Diluted income (loss) per share

 

$

(0.02

)

 

$

(0.05

)

 

 

0.05

 

 

$

(0.35

)