Company: PDEX
Filing Date: 2025-01-30
Form Type: 10-Q
Source: 0001079973-25-000164
Chunk: 7

Company: PRO DEX INC
Filing Date: 2025-01-30
Form: 10-Q
Item: Item 2
Chunk 7
---
 tables
below, net income amounts represent the numerator, and weighted average shares outstanding amounts represent the denominator (in thousands,
except share and per share amounts):

    Schedule of net income per share  

    Three
    Months Ended December 31,  
    Six Months
    Ended December 31, 

    2024  
    2023  
    2024  
    2023 
  
    Basic: 

    Net income (loss)	 
    $2,040  
    $500  
    $4,506  
    $(115)
  
    Weighted average shares outstanding	 
     3,261,145  
     3,546,901  
     3,314,207  
     3,546,819 
  
    Basic income (loss) per share	 
    $0.63  
    $0.14  
    $1.36  
    $(0.03)
  
    Diluted: 

    Net income (loss)	 
    $2,040  
    $500  
    $4,506  
    $(115)
  
    Weighted average shares outstanding	 
     3,261,145  
     3,546,901  
     3,314,207  
     3,546,819 
  
    Effect of dilutive securities	 
     76,192  
     64,800  
     64,655  
     — 
  
    Weighted average shares used in calculation of diluted earnings per share	 
     3,337,337  
     3,611,701  
     3,378,862  
     3,546,819 
  
    Diluted income (loss) per share	 
    $0.61  
    $0.14  
    $1.33  
    $(0.03)

    10 
    PRO-DEX, INC. AND SUBSIDIARYNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED) 

NOTE 7. INCOME TAXES

Deferred
income taxes are provided on a liability method whereby deferred tax assets and liabilities
are recognized for temporary differences. Temporary
differences are the differences between the reported amounts of assets and liabilities and
their tax basis. Deferred tax assets are reduced by a valuation