XML 13 R3.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS    
Net operating revenue $ 24,664,000 $ 25,304,000
Operating expenses:    
Station operating expenses 22,981,000 21,703,000
Corporate general and administrative 3,129,000 2,616,000
Other operating expense, net 971,000 80,000
Operating (loss) income (2,417,000) 905,000
Interest expense 43,000 43,000
Interest income (303,000) (289,000)
Other income   (119,000)
Income (loss) before income tax expense (2,157,000) 1,270,000
Income tax provision (benefit)    
Current (515,000) 280,000
Deferred (benefit) (65,000) 70,000
Income tax provision (580,000) 350,000
Net (loss) income $ (1,577,000) $ 920,000
Earnings (loss) per share:    
Basic (in dollars per share) $ (0.25) $ 0.15
Diluted (in dollars per share) $ (0.25) $ 0.15
Weighted average common shares 6,063 6,028
Weighted average common and common equivalent shares 6,063 6,028
Dividends declared per share (in dollars per share) $ 0.85 $ 0.25