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Earnings Per Share
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Earnings Per Share

(3) Earnings Per Share

 

Basic earnings per share ("EPS") is computed based on the weighted average number of shares of common stock outstanding. Diluted EPS is computed based on the weighted average number of common shares outstanding increased by dilutive common stock equivalents, attributable to stock option awards, restricted stock awards, warrants and the Series A Preferred Stock outstanding.

 

The following represents the common stock equivalents that were excluded from the computation of diluted shares outstanding because their effect would have been anti-dilutive for the three months ended March 31, 2023 and 2022:

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

Stock options

 

 

4,965

 

 

 

5,690

 

Restricted stock

 

 

73,685

 

 

 

86,520

 

Series A redeemable convertible preferred stock

 

 

159,039

 

 

 

144,321

 

Total anti-dilutive common stock equivalents

 

 

237,689

 

 

 

236,531