Three Months Ended

Nine Months Ended

September 30,

2022

2021

2022

2021

(in thousands, except per share data)

Net income (loss)

$

6

$

223

$

260

$

243

Less: Preferred stock dividends

(100)

—

(300)

—

Net income (loss) applicable to common stockholders

(94)

223

(40)

243

Weighted average common shares outstanding – basic

6,603

6,602

6,603

6,601

Dilutive potential common shares from stock options, restricted stock units, and convertible preferred stock

—

Weighted average common shares outstanding – diluted

6,603

6,602

6,603

6,601

Earnings (loss) per common share, basic

$

(0.01)

$

0.03

$

(0.01)

$

0.04

Earnings (loss) per common share, diluted

$

(0.01)

$

0.03

$

(0.01)

$

0.04

Shares subject to anti-dilutive stock options and restricted stock units excluded from calculation

—

Shares subject to anti-dilutive Series A Convertible Preferred Stock excluded from calculation

400

—

400

—