The 10-Q can be found @ http://www.sec.gov
First Quarter 2024 Highlights
- The Company installed two systems at new customer locations, expanded the services at an existing customer and our distributors expanded our systems in new and current locations during the quarter.
- The Company had two customer contracts in backlog as of
March 31, 2024 . The company anticipates that these contracts will be installed during the second quarter of 2024. As of the filing date of this report, the Company signed two new contracts and has expansion plans with an existing customer.
First Quarter 2024 Financial Results
Maintenance revenue for the quarter was
Service and other revenue for the quarter was
The following table provides a reconciliation of the numerators and denominators used in calculating basic and diluted earnings per share for the three months ended
For the Three Months Ended | ||||||
2024 | 2023 | |||||
Basic and diluted earnings per share calculation: | ||||||
Net income | $ | 11,661 | $ | 335,861 | ||
Weighted average number of common shares outstanding - basic | 4,574,365 | 4,551,988 | ||||
Basic net income per share | $ | 0.00 | $ | 0.07 | ||
Weighted average number of common shares outstanding - diluted | 4,601,471 | 4,626,930 | ||||
Diluted net income per share | $ | 0.00 | $ | 0.07 | ||
About
Founded in 1995,
Forward Looking Statements
This press release contains forward-looking statements that involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company's filings with the
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Source:
2024 GlobeNewswire, Inc., source