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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share  
Schedule of computation of basic and diluted earnings per share

Three Months Ended

March 31, 

    

2024

    

2023

(in thousands, except per share data)

Net loss

 

$

(741)

 

$

(191)

Less: Preferred stock dividends

(100)

(100)

Net loss applicable to common stockholders

$

(841)

$

(291)

Weighted average common shares outstanding – basic

9,860

9,915

Dilutive potential common shares from convertible preferred stock

Weighted average common shares outstanding – diluted

9,860

9,915

Earnings (loss) per common share, basic

 

$

(0.09)

 

$

(0.03)

Earnings (loss) per common share, diluted

$

(0.09)

$

(0.03)

Anti-dilutive shares issuable upon conversion of Series A Convertible Preferred Stock excluded from calculation

600

600