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Income (Loss) per Share
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Income (Loss) per Share

3. Income (Loss) per Share

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

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

Basic Income Per Share computation:

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

Net income (loss)

 

$

1,324

 

 

$

(1,564

)

Denominator:

 

 

 

 

 

 

Weighted shares outstanding - basic

 

 

18,366,614

 

 

 

17,971,851

 

 

 

 

 

 

 

 

Net income (loss) per common share - basic

 

$

0.07

 

 

$

(0.09

)

Diluted Income Per Share computation:

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted shares outstanding - basic

 

 

18,366,614

 

 

 

17,971,851

 

Restricted shares subject to vesting

 

 

61,429

 

 

 

0

 

Common stock option grants

 

 

19

 

 

 

0

 

Weighted shares outstanding - diluted

 

 

18,428,062

 

 

 

17,971,851

 

 

 

 

 

 

 

 

Net income (loss) per common share - diluted

 

$

0.07

 

 

$

(0.09

)