EARNINGS /(LOSS) PER SHARE (Tables)

3 Months Ended

Mar. 31, 2023

EARNINGS /(LOSS) PER SHARE

Schedule of computation of basic and diluted earnings (loss) income per common share

	Three months ended
	March 31,
	2023		2022
Numerator for basic and diluted earnings (loss) per common share:
Net income (loss)	$	337,000	$	(618,000)
Denominator:
Denominator for basic earnings (loss) per share - weighted average common shares outstanding		3,195,000		3,169,000
Dilutive securities (1)		—		—
Denominator for diluted earnings (loss) per share - weighted average common shares outstanding		3,195,000		3,169,000

(1)Dilutive securities consist of the “in the money” stock options. There were no “in the money” stock options at March 31, 2023.  In the event of a loss, options are considered anti-dilutive and are therefore not included in the calculation of diluted loss per share.