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