Company: BKTI
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001437749-25-009464
Chunk: 699

Company: BK Technologies Corp
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1A
Chunk 699
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   The following table sets forth the computation of basic and diluted loss per share:

       Years Ended December 31,  
   2024    2023  
 Numerator:         
 Net income (loss) from continuing operations numerator for basic and diluted earnings per share  $8,359  $(2,230)
 Denominator:         
 Denominator for basic income (loss) per share weighted average shares   3,553,303   3,426,622 
 Effect of dilutive securities:         
 Options, restricted stock units, and warrants   157,341   — 
 Denominator for diluted income (loss) per share weighted average shares   3,710,644   3,426,622 
 Basic income (loss) per share  $2.35  $(0.65)
 Diluted income (loss) per share  $2.25  $(0.65)

   Approximately 202,600 stock options and 19,587 restricted stock units for the year ended  December 31, 2023 were excluded from the calculation because they were anti-dilutive (none for the year ended  December 31, 2024). 

   11. Share-Based Compensation
    
   Stock Options
    
   The Company has an employee and non-employee director incentive compensation equity plan. Related to these programs, the Company recorded $286 and $200 of share-based employee compensation expense related to stock options during the years ended  December 31, 2024 and 2023, respectively, which is included as a component of cost of products and SG&A expenses in the accompanying consolidated statements of operations. No amount of share-based employee compensation expense was capitalized as part of capital expenditures or inventory for the years presented.
    
   The Company uses the Black-Scholes-Merton option valuation model to calculate the fair value of a stock option grant. The share-based employee compensation expense recorded in the years ended  December 31, 2024 and 2023 was calculated using the assumptions noted in the following table. Expected volatilities are based on the historical volatility of the Company’s common stock over the period of time, commensurate with the expected life of the stock options. The dividend yield assumption is based on the Company’s expectations of dividend payouts at the grant date. The Company has estimated its future stock option exercises. The expected term of option grants is based upon