Year Ended

December 31,

2021

2020

(in thousands, except per share data)

Net income (loss)

$

(734)

$

113

Less: Preferred stock dividends

(48)

—

Net income (loss) applicable to common stockholders

$

(782)

$

113

Weighted average common shares outstanding – basic

6,601

6,586

Dilutive potential common shares from stock options, restricted stock units, and convertible preferred stock

—

13

Weighted average common shares outstanding – diluted

6,601

6,599

Earnings (loss) per common share, basic

$

(0.12)

$

0.02

Earnings (loss) per common share, diluted

$

(0.12)

$

0.02

Shares subject to anti-dilutive stock options and restricted stock units excluded from calculation

—

3

Shares subject to anti-dilutive Series A Convertible Preferred Stock excluded from calculation

400

—