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Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 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)
  
Three Months Ended June 30,
 
  
Six Months Ended June 30,
 
 
  
2021
 
  
2020
 
  
2021
 
  
2020
 
Net income
  
$
402
 
  
$
439
 
  
$
3,167
 
  
$
(2,158
) 
Basic weighted average common shares outstanding
  
 
4,968,089
 
  
 
4,545,297
 
  
 
4,967,780
 
  
 
4,545,297
 
Net effect of dilutive stock options and warrants
  
 
321,913
 
  
 
75,933
 
  
 
289,436
 
  
 
—  
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Diluted weighted average common shares outstanding
  
 
5,290,002
 
  
 
4,621,230
 
  
 
5,257,216
 
  
 
4,545,297
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Net income per common share:
  
      
  
      
  
      
  
      
Basic
  
$
0.08
 
  
$
0.10
 
  
$
0.64
 
  
$
(0.47
) 
Diluted
  
$
0.08
 
  
$
0.09
 
  
$
0.60
 
  
$
(0.47
) 
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 periods presented.
 
There were no anti-dilutive securities in 2021. 
 
 
  
Six Months Ended
June 30, 2020
 
Warrants
    $ 1,537,484  
Share-based compensation awards
      74,800  
    
 
 
  
Total anti-dilutive securities
   
$
1,612,284