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

Year Ended December 31,

2024

2023

(in thousands, except per share data)

Net loss

    

$

(1,984)

    

$

(383)

Less: Preferred stock dividends

 

(400)

 

(400)

Net loss applicable to common stockholders

$

(2,384)

$

(783)

Weighted average common shares outstanding – basic

 

9,862

 

9,887

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

 

 

Weighted average common shares outstanding – diluted

 

9,862

 

9,887

Earnings (loss) per common share, basic

$

(0.24)

$

(0.08)

Earnings (loss) per common share, diluted

$

(0.24)

$

(0.08)

Shares issuable upon conversion of Series A Convertible Preferred Stock excluded from calculation because their conversion would be anti-dilutive

 

600

 

600

Shares subject to restricted stock units excluded from calculation because their effect would be anti-dilutive

 

31