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Income (Loss) per Share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Income Per Share

The following table is the computation of basic and diluted income per share:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Basic Income Per Share computation:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net Income (loss)

 

$

1,972

 

 

$

664

 

 

$

819

 

 

$

(167

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted shares outstanding - basic

 

 

18,165,611

 

 

 

17,945,053

 

 

 

18,098,694

 

 

 

18,077,506

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income (loss) per common share - basic

 

$

0.11

 

 

$

0.04

 

 

$

0.05

 

 

$

(0.01

)

Diluted Income Per Share computation:

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted shares outstanding - basic

 

 

18,165,611

 

 

 

17,945,053

 

 

 

18,098,694

 

 

 

18,077,506

 

Restricted shares subject to vesting

 

 

21,394

 

 

 

16,633

 

 

 

115,013

 

 

 

0

 

Common stock option grants

 

 

70

 

 

 

0

 

 

 

46

 

 

 

0

 

Weighted shares outstanding - diluted

 

 

18,187,075

 

 

 

17,961,686

 

 

 

18,213,753

 

 

 

18,077,506

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income (loss) per common share - diluted

 

$

0.11

 

 

$

0.04

 

 

$

0.04

 

 

$

(0.01

)