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CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Accumulated Deficit
Accumulated Deficit
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive (Loss) Income
Balance (in shares) at Dec. 31, 2022 3,965,186          
Balance at Dec. 31, 2022 $ 59,583 $ (11,510) $ 106,565 $ (31,337) $ (11,510) $ (15,645)
Comprehensive (loss) income:            
Net loss (5,084)     (5,084)    
Unrealized holding gain on available-for-sale securities, net of tax (3,092)         (3,092)
Comprehensive loss (8,176)     (5,084)   (3,092)
Share-based compensation expense $ 77   77      
Balance (in shares) at Sep. 30, 2023 3,965,186          
Balance at Sep. 30, 2023 $ 39,974   106,642 (47,931)   (18,737)
Comprehensive (loss) income:            
Accounting Standards Update [Extensible Enumeration]   Accounting Standards Update 2016-13 [Member]        
Balance (in shares) at Jun. 30, 2023 3,965,186          
Balance at Jun. 30, 2023 $ 46,411   106,611 (44,161)   (16,039)
Comprehensive (loss) income:            
Net loss (3,770)     (3,770)    
Unrealized holding gain on available-for-sale securities, net of tax (2,698)         (2,698)
Comprehensive loss (6,468)     (3,770)   (2,698)
Share-based compensation expense $ 31   31      
Balance (in shares) at Sep. 30, 2023 3,965,186          
Balance at Sep. 30, 2023 $ 39,974   106,642 (47,931)   (18,737)
Balance (in shares) at Dec. 31, 2023 3,976,073          
Balance at Dec. 31, 2023 $ 44,383   106,670 (47,026)   (15,261)
Comprehensive (loss) income:            
Net loss (30,334)     (30,334)    
Unrealized holding gain on available-for-sale securities, net of tax 2,217         2,217
Comprehensive loss (28,117)     (30,334)   2,217
Share-based compensation expense $ 120   120      
Balance (in shares) at Sep. 30, 2024 3,976,073          
Balance at Sep. 30, 2024 $ 16,386   106,790 (77,360)   (13,044)
Balance (in shares) at Jun. 30, 2024 3,976,073          
Balance at Jun. 30, 2024 $ 40,527   106,735 (50,406)   (15,802)
Comprehensive (loss) income:            
Net loss (26,954)     (26,954)    
Unrealized holding gain on available-for-sale securities, net of tax 2,758         2,758
Comprehensive loss (24,196)     (26,954)   2,758
Share-based compensation expense $ 55   55      
Balance (in shares) at Sep. 30, 2024 3,976,073          
Balance at Sep. 30, 2024 $ 16,386   $ 106,790 $ (77,360)   $ (13,044)