Three Months Ended

Nine Months Ended

June 30, 2023

June 30, 2022

June 30, 2023

June 30, 2022

Net income (loss)

$

3,228

$

(6,574

)

$

7,768

$

(14,816

)

Less: Income allocable to unvested restricted stock

—

Income (loss) attributable to common shareholders for diluted earnings (loss) per share

$

3,228

$

(6,574

)

$

7,768

$

(14,816

)

Weighted average number of common share equivalents:

Common shares used in basic earnings (loss) per share

13,171,654

13,013,616

13,131,795

12,977,146

Common share equivalents outstanding related to RSUs

149,227

—

26,124

—

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

13,320,881

13,013,616

13,157,919

12,977,146

Earnings (loss) per share:

Basic

$

0.25

$

(0.51

)

$

0.59

$

(1.14

)

Diluted

$

0.24

$

(0.51

)

$

0.59

$

(1.14

)