Earning Per Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [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 March 31,
	2023			2022
Net income (loss)	$	(1,553	)	$	1,524
Basic weighted average common shares outstanding		15,480,951			9,826,435
Net effect of dilutive stock options and warrants		—			227,249
Diluted weighted average common shares outstanding		15,480,951			10,053,684
Net income (loss) per common share:
Basic	$	(0.10	)	$	0.16
Diluted	$	(0.10	)	$	0.15

Schedule of Dilutive Securities Included in Computation of Earnings Per Share

The following is a summary of securities that could potentially dilute basic earnings per common share in future periods that were included in the computation of diluted earnings per common share in the periods presented.

	Three Months Ended March 31,
	2023		2022
Share-based compensation awards		—		151,200
Warrants		—		1,537,484
Total dilutive securities		—		1,688,684

Schedule of Dilutive Securities Excluded in Computation of Earnings Per Share

The following is a summary of securities that could potentially dilute basic earnings per share in future periods that were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the periods presented.

	Three Months Ended March 31,
	2023		2022
Share-based compensation awards		214,700		—
Warrants		1,537,484		—
Total anti-dilutive securities		1,752,184		—