Three months ended June 30,

Six months ended June 30,

2023

2022

2023

2022

Numerator: (in Thousands)

Net (loss) income

$

333

$

50

$

(825

)

$

112

Denominator:

Weighted average number of basic shares outstanding

49,567,338

49,045,047

49,498,755

49,014,847

Weighted average additional shares assuming conversion of in-the-money stock options to common shares and assumed repurchase of common shares by the Company

569,000

1,963,000

—

1,976,000

Weighted average number of diluted common shares outstanding

50,136,338

51,008,047

49,498,755

50,990,847

Basic earnings per common share:

Net income (loss) per share – basic

$

0.01

$

0.00

$

(0.02

)

$

0.00

Diluted earnings per common share:

Net income (loss) per share – diluted

$

0.01

$

0.00

$

(0.02

)

$

0.00