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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue $ 8,990 $ 8,000 $ 18,848 $ 15,045
Selling, general and administrative expenses 5,625 3,223 11,470 5,878
Depreciation and amortization 700 521 1,397 1,020
Income from operations 2,665 4,256 5,981 8,147
Other miscellaneous income (expense) 99 1,458 142 (1,922)
Interest income 68 54 114 148
Interest and other financing expense (314) (109) (854) (157)
Net income before income taxes 2,518 5,659 5,383 6,216
Provision for income taxes 465 861 1,012 926
Net income from continuing operations 2,053 4,798 4,371 5,290
Income (loss) from discontinued operations, net of tax (45) 93 267 204
Net income $ 2,008 $ 4,891 $ 4,638 $ 5,494
Basic earnings per share        
Continuing operations (in dollars per share) $ 0.15 $ 0.35 $ 0.32 $ 0.39
Discontinued operations (in dollars per share) 0 0.01 0.02 0.01
Total (in dollars per share) 0.15 0.36 0.34 0.40
Diluted earnings per share        
Continuing operations (in dollars per share) 0.15 0.35 0.32 0.39
Discontinued operations (in dollars per share) 0 0.01 0.02 0.01
Total (in dollars per share) $ 0.15 $ 0.36 $ 0.34 $ 0.40
Weighted average shares outstanding        
Basic (in shares) 13,720 13,607 13,699 13,591
Diluted (in shares) 13,817 13,691 13,779 13,686
Royalty [Member]        
Revenue $ 8,704 $ 7,221 $ 18,027 $ 13,797
Service [Member]        
Revenue $ 286 $ 779 $ 821 $ 1,248