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Loss Per Common Share
 12 Months Ended
Dec. 31, 2024
Loss Per Common Share [Abstract]  
Loss Per Common Share
Note 14.
Loss Per Common Share


Basic loss per share was computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding during the period. The computation of diluted loss per share reflected the effect of potentially dilutive securities.


A reconciliation of the numerator and denominator of the loss per common share calculations is as follows:

  For the Year Ended December 31, 2024  
  Loss
Weighted
Average Shares
Outstanding
(In thousands)
  
Per Share
Amount
  
Basic and Diluted Loss Per Common Share
            
Net loss before preferred stock dividends
  
$
(4,268
)
    
20,400
      
-
  
Less preferred stock dividends
    
(399
)
    
—
          
Net loss applicable to common shareholders
  
$
(4,667
)
    
20,400
    
$
(0.23
)

 
For the Year Ended December 31, 2023
  
 
Loss
  
Weighted
Average Shares
Outstanding
(In thousands)
  
Per Share
Amount
  
Basic and Diluted Loss Per Common Share
           
Net loss before preferred stock dividends
  
$
(171
)
    
20,404
      
-
  
Less preferred stock dividends
    
(399
)
    
—
          
Net loss applicable to common shareholders
  
$
(570
)
    
20,404
    
$
(0.03
)


The assumed conversion of the Company’s Series D Preferred Stock was excluded from the earnings per common share calculation for 2024 and 2023 since its impact would have been antidilutive.