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CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating Expenses:        
Sales and marketing $ 69,000 $ 0 $ 134,000 $ 0
General and administrative 1,564,000 488,000 2,849,000 1,663,000
Total Operating Expenses 1,633,000 488,000 2,983,000 1,663,000
Operating Loss (1,633,000) (488,000) (2,983,000) (1,663,000)
Interest income 111,000 55,000 325,000 55,000
Loss from continuing operations before income taxes (1,522,000) (433,000) (2,658,000) (1,608,000)
Income tax (benefit) expense (11,000) 1,000 (4,000) 5,000
Net loss from continuing operations (1,511,000) (434,000) (2,654,000) (1,613,000)
(Loss) Income from discontinued operations, net of tax (333,000) 12,235,000 2,422,000 12,392,000
Gain from sale of discontinued operations, net of tax 2,970,000 0 2,970,000 0
Net Income $ 1,126,000 $ 11,801,000 $ 2,738,000 $ 10,779,000
Net (loss) income per basic and diluted share:        
Continuing operations $ (0.85) $ (0.24) $ (1.48) $ (0.90)
Discontinued operations 1.48 6.82 3.01 6.92
Basic and diluted earnings per share $ 0.63 $ 6.58 $ 1.53 $ 6.02
Shares used in calculation of net (loss) income per share:        
Basic and diluted 1,785,000 1,795,000 1,793,000 1,790,000