Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2022

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,
	2022		2021		2022		2021
Numerator: (in Thousands)
Net income	$	50	$	41	$	112	$	1,351
Denominator:
Weighted average number of basic shares outstanding		49,045,047		44,367,496		49,014,847		41,294,394
Weighted average additional shares assuming conversion of in-the-money stock options to common shares		1,963,000		1,995,000		1,976,000		1,784,000
Weighted average number of diluted common shares outstanding		51,008,047		46,362,496		50,990,847		43,078,394
Basic earnings per common share:
Net income per share – basic	$	0.00	$	0.00	$	0.00	$	0.03
Diluted earnings per common share:
Net income per share – diluted	$	0.00	$	0.00	$	0.00	$	0.03