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QUARTERLY DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2023
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY DATA (UNAUDITED)

NOTE J - QUARTERLY DATA (UNAUDITED)

 

The table below reflects the Company’s selected quarterly information for the years ended December 31, 2023, 2022 and 2021.  Amounts shown are in thousands except per share amounts.

                
   First   Second   Third   Fourth 
Year ended December 31, 2023  Quarter   Quarter   Quarter   Quarter 
                 
Revenue  $45   $35   $35   $37 
Operating expense   (12)   (14)   (15)   (16)
Corporate general and administrative expense   (68)   (81)   (70)   (119)
Other income   52    54    57    59 
Income (loss) allocable to common shareholders   17    (6)   7    (39)
Income (loss) per common share – basic and diluted  $0.01   $(0.01)  $0.01   $0.01 
                     
                     
    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   52    184    53    54 
Income allocable to common shareholders   5    138    27    11 
Income per common share – basic and diluted  $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   145    154    54    53 
Income (loss) allocable to common shareholders   79    49    (8)   (49)
Income (loss) per common share – basic and diluted  $0.01   $0.01   $(0.01)  $0.00