Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2023

Shareholders' Equity

Schedule of stockholders equity

	Six-month Period Ended June 30, 2023
			Accumulated
			Other				Capital in						Total
	Retained		Comprehensive				excess of				Treasury		shareholders’
	Earnings		Income		Common Stock		par value		ESOT		stock		equity
December 31, 2022	$	23,741	$	(2,337)	$	523	$	14,556	$	(157)	$	(1,214)	$	35,112
Retirement benefits adjustment		—		13		—		—		—		—		13
Stock based compensation		—		—		—		17		—		24		41
Net Loss		(1,547)		—		—		—		—		—		(1,547)
March 31, 2023	$	22,194	$	(2,324)	$	523	$	14,573	$	(157)	$	(1,190)	$	33,619
Retirement benefits adjustment		—		12		—		—		—		—		12
Stock based compensation		—		—		1		14		—		18		33
Net Loss		(9,500)		—		—		—		—		—		(9,500)
June 30, 2023	$	12,694	$	(2,312)	$	524	$	14,587	$	(157)	$	(1,172)	$	24,164

	Six-month Period Ended June 30, 2022
			Accumulated
			Other				Capital in						Total
	Retained		Comprehensive				excess of				Treasury		shareholders’
	Earnings		Income		Common Stock		par value		ESOT		stock		equity
December 31, 2021	$	25,858	$	(3,908)	$	523	$	14,500	$	(258)	$	(1,349)	$	35,366
Retirement benefits adjustment		—		22		—		—		—		—		22
Stock based compensation		—		—		—		2		—		23		25
Net Income		325		—		—		—		—		—		325
March 31, 2022	$	26,183	$	(3,886)	$	523	$	14,502	$	(258)	$	(1,326)	$	35,738
Retirement benefits adjustment		—		22		—		—		—		—		22
Stock based compensation		—		—		—		7		—		35		42
Net Loss		(810)		—		—		—		—		—		(810)
June 30, 2022	$	25,373	$	(3,864)	$	523	$	14,509	$	(258)	$	(1,291)	$	34,992

Summary of restricted stock activity

		Weighted Average
		Grant Date Fair
	Shares	Value
Restricted Share Activity:
Unvested at December 31, 2022	27,010	$	11.09
Granted in 2023	12,894	$	11.85
Vested in 2023	(11,701)	$	11.06
Unvested at June 30, 2023	28,203	$	11.45

Schedule of earnings per share

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
	($000’s omitted except per share data)
Loss from continuing operations	$	(3,280)	$	(789)	$	(4,108)	$	(341)
Loss from discontinued operation		(6,220)		(21)		(6,940)		(144)
Net loss	$	(9,500)	$	(810)	$	(11,048)	$	(485)
Weighted average common shares outstanding (basic)		2,461		2,432		2,458		2,435
Unvested restricted stock		28		7		28		7
Weighted average common shares outstanding (diluted)		2,489		2,439		2,486		2,442
Basic and diluted loss per share
Continuing operations	$	(1.33)	$	(0.32)	$	(1.67)	$	(0.14)
Discontinued operation		(2.53)		(0.01)		(2.82)		(0.06)
Basic and diluted earnings per share	$	(3.86)	$	(0.33)	$	(4.49)	$	(0.20)