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Loss Per Common Share
3 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Loss Per Common Share

12. Loss Per Common Share

The following table summarizes the calculation of net loss and weighted average common shares and common equivalent shares outstanding for purposes of the computation of loss per share (in thousands, except share and per share data):

 

 

 

Three Months Ended

 

 

 

December 31, 2022

 

 

December 31, 2021

 

Net loss

 

$

(97

)

 

$

(6,768

)

Less: Loss allocable to unvested restricted stock

 

 

 

 

 

 

Loss attributable to common shareholders for
   diluted earnings per share

 

$

(97

)

 

$

(6,768

)

Weighted average number of common share equivalents:

 

 

 

 

 

 

Common shares used in basic loss per share

 

 

13,067,991

 

 

 

12,919,673

 

Common share equivalents outstanding related to RSUs

 

 

 

 

 

 

Total weighted average common shares and common
   share equivalents used in diluted loss per share

 

 

13,067,991

 

 

 

12,919,673

 

Loss per share:

 

 

 

 

 

 

Basic

 

$

(0.01

)

 

$

(0.52

)

Diluted

 

$

(0.01

)

 

$

(0.52

)

 

For the calculation of diluted loss per share for the three months ended December 31, 2022, 382,111 non-vested RSUs were excluded in the calculation of weighted average shares outstanding since their impact on diluted loss per share was antidilutive. For the calculation of diluted loss per share for the three months ended December 31, 2021, 376,466 non-vested RSUs were excluded in the calculation of weighted average shares outstanding since their impact on diluted loss per share was antidilutive.