Three Months Ended

Nine Months Ended

September 30,

2023

2022

2023

2022

Basic earnings per share calculation:

Net income (loss)

$

4,394

$

(1,772

)

$

6,578

$

(6,879

)

Weighted average number of common shares outstanding

21,336,957

20,505,884

21,100,876

20,155,548

Basic net income (loss) per share

$

0.21

$

(0.09

)

$

0.31

$

(0.34

)

Diluted earnings per share calculation:

Net income (loss)

$

4,394

$

(1,772

)

$

6,578

$

(6,879

)

Weighted average number of common shares outstanding

21,336,957

20,505,884

21,100,876

20,155,548

Common stock equivalents:

Non-vested stock awards (1)

237,054

—

350,197

—

Weighted average number of common shares outstanding

21,574,011

20,505,884

21,451,073

20,155,548

Diluted net income (loss) per share

$

0.20

$

(0.09

)

$

0.31

$

(0.34

)