NOTE 9 NET INCOME (LOSS) PER SHARE:

 

The following table sets forth the computation of basic and diluted income (loss) per share for the years ended March 31, 2025 and March 31, 2024:

 

  

Twelve Months Ended March 31,

 
  

2025

  

2024

 

Numerator:

        

Net (loss) income

 $(4,731) $766 

Denominator:

        

Denominator for basic and diluted loss/income per share — weighted average shares

  21,042,652   21,042,652 

Net (loss) income per share:

        

Basic and diluted (loss) income per share

 $(0.22) $0.04 

 

For the years ended March 31, 2025 and March 31, 2024, there were no outstanding instruments which were potentially dilutive.

 

Historical Timeline

Fiscal YearFiled
2025Jun 27, 2025Showing above
2024Jun 27, 2024
2023Jun 26, 2023
2022Jun 23, 2022
2020Jun 26, 2020
2019Jun 26, 2019
2018Jun 28, 2018
2017Jun 26, 2017
2016Jun 29, 2016

About Earnings Per Share Disclosures

The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.

Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.