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QUARTERLY DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2022
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY DATA (UNAUDITED)

NOTE K - QUARTERLY DATA (UNAUDITED)

 

The table below reflects the Company’s selected quarterly information for the years ended December 31, 2022, 2021 and 2020.  Amounts shown are in thousands except per share amounts.

 

                    
   First   Second   Third   Fourth 
Year ended December 31, 2022  Quarter   Quarter   Quarter   Quarter 
                 
Revenue  $45   $47   $63   $57 
Operating (expense)   (12)   (13)   (18)   (14)
Corporate general and administrative expense   (80)   (80)   (71)   (86)
Other income (expense) net   52    184    53    54 
Income (loss) allocable to common shareholders   5    138    27    11 
Income (loss) per common share – basic  $0.01   $0.02   $0.01   $0.01 
                     
                     
   First   Second   Third   Fourth 
Year ended December 31, 2021  Quarter   Quarter   Quarter   Quarter 
                     
Revenue  $26   $26   $25   $25 
Operating (expense)   (18)   (20)   (34)   (5)
Corporate general and administrative expense   (74)   (111)   (53)   (122)
Other income (expense) net   145    154    54    53 
Income (loss) allocable to common shareholders   79    49    (8)   (49)
Income (loss) per common share – basic  $0.01   $0.01   ($0.01)  $0.00 
                     
                     
   First   Second   Third   Fourth 
Year ended December 31, 2020  Quarter   Quarter   Quarter   Quarter 
                     
Revenue  $25   $25   $25   $26 
Operating (expense)   (18)   (18)   (18)   (18)
Corporate general and administrative expense   (104)   (127)   (65)   (100)
Other income (expense) net   60    60    137    58 
Income (loss) allocable to common shareholders  $(97)  $(1,367)  $2,182   $(32)
Income (loss) per common share – basic  $0.02   ($0.03)  ($0.43)  $0.00