Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2021

Accounting Policies [Abstract]

Summary of Composition of Earnings Per Share

The following table sets forth the composition of earnings per share:

(In Thousands, except share and per share data)	Three Months Ended September 30,					Nine Months Ended September 30,
	2021			2020		2021			2020
Net (loss) income	$	(2,797	)	$	1,052	$	(499	)	$	3,239
Basic weighted average common shares outstanding		6,274,250			5,691,686		5,888,008			5,691,686
Net effect of dilutive stock options and warrants		—			—		—			—
Diluted weighted average common shares outstanding		6,274,250			5,691,686		5,888,008			5,691,686
Net income per common share:
Basic	$	(0.45	)	$	0.18	$	(0.08	)	$	0.57
Diluted	$	(0.45	)	$	0.18	$	(0.08	)	$	0.57

Summary of Basic Earnings Per Common Share

The following is a summary of securities that could potentially dilute basic earnings per common share in future periods that were not included in the computation of diluted earnings per common share because to do so would have been anti-dilutive for the three and nine months ended September 30, 2021. There were no anti-dilutive securities in 2020.

Warrants	$	1,537,484
Share-based compensation awards		148,200
Total anti-dilutive securities	$	1,685,684