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Earnings per Share
12 Months Ended
Dec. 31, 2023
Loss per common share:  
Earnings per Share

Note 9 – Earnings per Share

 

The calculation of basic and diluted weighted average common shares outstanding as of December 31 is as follows (in thousands):

 

   2023   2022 
         
Basic weighted average shares outstanding   6,788    6,734 
Effect of potentially dilutive share-based awards   -    - 
           
Diluted weighted average shares outstanding   6,788    6,734 

 

At December 31, 2023, stock options to purchase 846,875 shares of common stock were outstanding and 335,375 were exercisable. At December 31, 2022, stock options to purchase 673,000 shares of common stock were outstanding and 265,000 were exercisable.

 

At December 31, 2023 and 2022, 846,875 and 673,000 stock options, respectively, were not included in the computation of diluted earnings per share because their effect was antidilutive.