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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue $ 9,416 $ 9,271 $ 26,515 $ 28,118
Selling, general and administrative expenses 5,379 6,354 16,286 17,824
Goodwill and intangible asset impairment charge 6,035 0 6,035 0
Depreciation and amortization 697 699 2,092 2,096
(Loss) income from operations (2,695) 2,218 2,102 8,198
Other miscellaneous income (expense) (65) 117 12 259
Interest income 138 83 424 197
Interest and other financing expense (268) (302) (763) (1,155)
Net (loss) income before income taxes (2,890) 2,116 1,775 7,499
(Benefit) provision for income taxes (725) 518 172 1,530
Net (loss) income from continuing operations (2,165) 1,598 1,603 5,969
(Loss) income from discontinued operations, net of tax (42) (115) (152) 151
Net income $ (2,207) $ 1,483 $ 1,451 $ 6,120
Basic (loss) earnings per share        
Continuing operations (in dollars per share) $ (0.16) $ 0.12 $ 0.12 $ 0.44
Discontinued operations (in dollars per share) 0 (0.01) (0.01) 0.01
Total (in dollars per share) (0.16) 0.11 0.11 0.45
Diluted (loss) earnings per share        
Continuing operations (in dollars per share) (0.16) 0.12 0.11 0.44
Discontinued operations (in dollars per share) 0 (0.01) (0.01) 0.01
Total (in dollars per share) $ (0.16) $ 0.11 $ 0.1 $ 0.45
Weighted average shares outstanding        
Basic (in shares) 13,834 13,751 13,817 13,709
Diluted (in shares) 13,834 13,820 13,907 13,777
Royalty [Member]        
Revenue $ 8,988 $ 8,905 $ 25,029 $ 27,017
Service [Member]        
Revenue $ 428 $ 366 $ 1,486 $ 1,101