Company: KVHI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001007587-25-000012
Chunk: 137

Company: KVH INDUSTRIES INC \DE\
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 137
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 balances for the three months ended June 30, 2025 and 2024 are as follows: Foreign Currency TranslationTotal Accumulated Other Comprehensive LossBalance, March 31, 2025$(3,310)$(3,310)Other comprehensive income278 278 Net other comprehensive income278 278 Balance, June 30, 2025$(3,032)$(3,032)Foreign Currency TranslationTotal Accumulated Other Comprehensive LossBalance, March 31, 2024$(3,956)$(3,956)Other comprehensive loss(35)(35)Net other comprehensive loss(35)(35)Balance, June 30, 2024$(3,991)$(3,991)

The balances for the six months ended June 30, 2025 and 2024 are as follows:Foreign Currency TranslationTotal Accumulated Other Comprehensive LossBalance, December 31, 2024$(4,032)$(4,032)Other comprehensive income1,000 1,000 Net other comprehensive income1,000 1,000 Balance, June 30, 2025$(3,032)$(3,032)Foreign Currency TranslationTotal Accumulated Other Comprehensive LossBalance, December 31, 2023$(4,185)$(4,185)Other comprehensive income194 194 Net other comprehensive income194 194 Balance, June 30, 2024$(3,991)$(3,991)

(6)     Net Income (Loss) per Common Share

    Basic net income (loss) per share is calculated based on the weighted average number of common shares outstanding during the period. Diluted net income per share incorporates the dilutive effect of common stock equivalent options, warrants and other convertible securities, if any, as determined with the treasury stock accounting method. The computation of diluted weighted-average common shares outstanding excludes 1,396 weighted average anti-dilutive stock-based awards outstanding for the three-month period ended June 30, 2025. For the six months ended June 30, 2025, since there was a net loss, the company excluded 1,252 shares underlying outstanding stock options and non-vested restricted shares from its diluted loss per share calculation as inclusion of these convertible securities would have reduced the net loss per share. For the three and six months ended June 30, 2024, since there was a net loss, the company excluded 1,375 and 1,297 shares,