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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2024
Summary of Significant Accounting Policies  
Schedule of computation of basic and diluted earnings per share

Three Months Ended

 

 

March 31, 

 

 

    

2024

    

2023

    

    

(In thousands, except per share data)

 

Numerator:

 

  

 

  

Net (loss) income

$

(1,577)

$

920

Less: Income (loss) allocated to unvested participating securities

 

(50)

 

14

Net (loss) income available to common shareholders

$

(1,527)

$

906

Denominator:

 

 

Denominator for basic earnings per share — weighted average shares

 

6,063

 

6,028

Effect of dilutive securities:

 

 

Common stock equivalents

 

 

Denominator for diluted earnings per share — adjusted weighted-average shares and assumed conversions

 

6,063

 

6,028

Earnings (loss) per share:

 

 

Basic

$

(0.25)

$

0.15

Diluted

$

(0.25)

$

0.15