Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Earnings applicable to common stock and common stock shares used in the calculation of basic and diluted earnings per share are as follows:

Earnings applicable to common stock and common stock shares used in the calculation of basic and diluted earnings per share are as follows:

		Three Months Ended June 30,				Six Months Ended June 30,
		2021		2020		2021		2020
Numerator: (in Thousands)
Net income	$	41	$	532	$	1,351	$	365
Denominator:
Weighted average number of basic common shares outstanding		44,367,496		38,136,792		41,294,394		38,136,792
Weighted average additional shares assuming conversion of in-the-money stock options to common shares		1,995,000		65,000		1,784,000		50,000
Weighted average number of diluted common shares outstanding		46,362,496		38,201,792		43,078,394		38,186,792
Basic earnings per common share:
Net income per share – basic	$	0.00	$	0.01	$	0.03	$	0.01
Diluted earnings per common share:
Net income per share – diluted	$	0.00	$	0.01	$	0.03	$	0.01