Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2022

Earnings (Loss) Per Share [Line Items]

Earnings Per Share [Text Block]

17.  Earnings (Loss) Per Share

The following table presents the calculation of earnings (loss) per share for the years ended December 31, 2022 and 2021:

In thousands, except per share data	2022		2021
Numerator:
Net income (loss), as reported	$	323	$	(4,968)
Denominator:
Weighted average shares outstanding- basic		13,446		13,580
Weighted average shares outstanding - diluted		13,675		13,580
Basic and diluted earnings (loss)  per share	$	0.02	$	(0.37)

At December 31, 2022 and 2021, there were no dividends accumulated on the Company’s SBCPS.

Basic earnings (loss) per common share is computed by dividing net income (loss) attributable to common shares by the weighted average number of common shares outstanding for the period. Diluted income (loss) per common share is computed by dividing net income (loss) attributable to common shares, by the weighted average number of common shares outstanding, adjusted for shares that would be assumed outstanding after warrants and stock options are accounted for under the treasury stock method.

At December 31, 2022 and 2021, outstanding warrants exercisable into 1.9 million and 1.6 million shares of Common Stock, respectively, were excluded from the calculation of diluted loss per share because their impact would have been anti-dilutive.