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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share The following table presents the calculation of basic and diluted earnings (loss) per common share, as follows (dollars in thousands, except per share and share amounts):

 

 

 

Three Months Ended

September 30,

 

 

Nine months ended

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net income (loss)

 

$

(1,523

)

 

$

(1,209

)

 

$

(12,792

)

 

$

(293

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares, basic and diluted *

 

 

11,101,194

 

 

 

9,692,150

 

 

 

10,178,975

 

 

 

9,686,874

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per common share, basic and diluted

 

$

(0.14

)

 

$

(0.12

)

 

$

(1.26

)

 

$

(0.03

)

 

*

The non-vested shares of the restricted stock units and stock options were anti-dilutive as of September 30, 2022 and 2021.  Therefore, the basic and diluted weighted average common shares are equal for the three months and nine months ended September 30, 2022 and 2021.