XML 75 R33.htm IDEA: XBRL DOCUMENT v3.22.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 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)

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

Net income

 

$

289

 

 

$

4,193

 

Basic weighted average common shares outstanding

 

 

6,879,658

 

 

 

5,691,686

 

Net effect of dilutive stock options and warrants

 

 

370,805

 

 

 

—

 

Diluted weighted average common shares outstanding

 

 

7,250,463

 

 

 

5,691,686

 

Net income per common share:

 

 

 

 

 

 

Basic

 

$

0.04

 

 

$

0.74

 

Diluted

 

$

0.04

 

 

$

0.74