Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of calculation of numerator and denominator in earnings per share

The following table provides a reconciliation of the numerator and denominator of the EPS calculations:

	Three months ended March 31,
	2024		2023
Numerator
Net income	$	323,000	$	14,000
Preferred stock dividends	(2,688,000)		(2,688,000)
Net loss attributable to common shares	$	(2,365,000)	$	(2,674,000)
Denominator
Weighted average number of common shares outstanding	13,718,000		13,718,000
Net loss per common share attributable to common shareholders	$	(0.17)	$	(0.19)