Net Income Per Share, Basic and Diluted

3 Months Ended

Mar. 31, 2024

Net Income Per Share, Basic and Diluted

Net Income Per Share, Basic and Diluted

17.Net Income Per Share, Basic and Diluted

Basic earnings per share (“EPS”) represent net income attributable to common stockholders divided by the weighted average number of common shares outstanding during the measurement period. Diluted EPS represents net income attributable to common stockholders divided by the weighted average number of common shares outstanding during the measurement period while also giving effect to all potentially dilutive common shares that were outstanding during the period using the treasury stock method.

Basic and diluted EPS is calculated as follows:

	Three months ended March 31,
	2024					2023
	Shares	Net Income		EPS		Shares	Net Income		EPS
Basic	6,892,742	$	6,073	$	0.88	6,701,199	$	4,969	$	0.74
Common stock warrants	—		—			64,825		—
Common stock options	889,651		—			1,130,019		—
Diluted	7,782,393	$	6,073	$	0.78	7,896,043	$	4,969	$	0.63