Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share

Schedule of computation of basic and diluted earnings per share

	Three Months Ended
	March 31,
	2023		2022
	(in thousands, except per share data)
Net income (loss)	$	(191)	$	142
Less: Preferred stock dividends		(100)		(100)
Net income (loss) applicable to common stockholders	$	(291)	$	42
Weighted average common shares outstanding – basic		6,610		6,602
Dilutive potential common shares from convertible preferred stock		—		—
Weighted average common shares outstanding – diluted		6,610		6,602
Earnings (loss) per common share, basic	$	(0.04)	$	0.01
Earnings (loss) per common share, diluted	$	(0.04)	$	0.01
Shares subject to anti-dilutive Series A Convertible Preferred Stock excluded from calculation		400		400