EARNINGS (LOSS) PER SHARE

3 Months Ended

Mar. 31, 2023

EARNINGS (LOSS) PER SHARE

EARNINGS (LOSS) PER SHARE

2. EARNINGS (LOSS) PER SHARE

Earnings (loss) per share are calculated as follows (in thousands, except earnings per share):

	Three Months Ended March 31,
	2023		2022
Basic earnings (loss) per common share
Net income (loss)	$	80	$	(119	)
Weighted average shares outstanding		5,256		5,230
Basic earnings (loss) per common share	$	0.02	$	(0.02	)
Diluted earnings (loss) per common share
Net income (loss)	$	80	$	(119	)
Weighted average shares outstanding		5,256		5,230
Dilutive effect of restricted stock		34		—
Total weighted average shares outstanding		5,290		5,230
Diluted earnings (loss) per common share	$	0.02	$	(0.02	)

There was no restricted stock excluded from the diluted earnings per share calculation for the three month periods ended March 31, 2023 and March 31, 2022.