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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue $ 9,271 $ 7,849 $ 28,118 $ 22,894
Selling, general and administrative expenses 6,354 2,111 17,824 7,989
Depreciation and amortization 699 497 2,096 1,518
Income from operations 2,218 5,241 8,198 13,387
Other miscellaneous income (expense) 117 (99) 259 (2,021)
Interest income 83 51 197 198
Interest and other financing expense (302) (99) (1,155) (256)
Net income before income taxes 2,116 5,094 7,499 11,308
Provision for income taxes 518 946 1,530 1,871
Net income from continuing operations 1,598 4,148 5,969 9,437
Income (loss) from discontinued operations, net of tax (115) 98 151 304
Net income $ 1,483 $ 4,246 $ 6,120 $ 9,741
Basic earnings (loss) per share        
Continuing operations (in dollars per share) $ 0.12 $ 0.3 $ 0.44 $ 0.7
Discontinued operations (in dollars per share) (0.01) 0.01 0.01 0.02
Total (in dollars per share) 0.11 0.31 0.45 0.72
Diluted earnings (loss) per share        
Continuing operations (in dollars per share) 0.12 0.3 0.44 0.69
Discontinued operations (in dollars per share) (0.01) 0.01 0.01 0.02
Total (in dollars per share) $ 0.11 $ 0.31 $ 0.45 $ 0.71
Weighted average shares outstanding        
Basic (in shares) 13,751 13,610 13,709 13,598
Diluted (in shares) 13,820 13,677 13,777 13,688
Royalty [Member]        
Revenue $ 8,894 $ 7,420 $ 26,920 $ 21,217
Service [Member]        
Revenue $ 377 $ 429 $ 1,198 $ 1,677