Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 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 June 30,				Six months ended June 30,
	2024		2023		2024		2023
Numerator
Net income (loss)	$	18,000	$	(1,067,000)	$	341,000	$	(1,053,000)
Preferred stock dividends	(2,688,000)		(2,688,000)		(5,376,000)		(5,376,000)
Net loss attributable to common shares	$	(2,670,000)	$	(3,755,000)	$	(5,035,000)	$	(6,429,000)
Denominator
Weighted average number of common shares outstanding	13,718,000		13,718,000		13,718,000		13,718,000
Net loss per common share attributable to common shareholders	$	(0.19)	$	(0.27)	$	(0.37)	$	(0.47)