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Earnings Per Share of Common Stock (Tables)
6 Months Ended
Mar. 31, 2025
Earnings Per Share of Common Stock  
Schedule of basic and diluted earnings per share computations

Three months ended

Six Months Ended

March 31, 

March 31, 

March 31, 

March 31, 

    

2025

    

2024

    

2025

    

2024

(Amounts in thousands except per share data)

Net (loss) income

 

$

(108)

  

$

1,588

 

$

364

  

$

1,515

Less: net income attributable to nonvested common stock

 

  

(106)

 

(23)

  

(98)

Net (loss) income attributable to common shareholders

$

(108)

  

$

1,482

$

341

  

$

1,417

Weighted average total shares outstanding - basic

 

9,343

  

 

9,719

9,851

9,586

Less: weighted average non–vested shares outstanding

 

  

 

(649)

(619)

(619)

Weighted average number of common shares outstanding - basic

 

9,343

  

 

9,070

9,232

  

8,967

Add: potential common shares from non-vested restricted stock awards

 

  

 

385

382

  

399

Weighted average common shares outstanding - diluted

 

9,343

  

 

9,455

$

9,614

  

9,366

Net (loss) income per common share - basic

$

(0.01)

$

0.16

$

0.04

$

0.16

Net (loss) income per common share - diluted

$

(0.01)

$

0.16

$

0.04

$

0.15