Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2023

Shareholders' Equity

Schedule of stockholders equity

	Years Ended December 31, 2022 and 2023
(in thousands)	Retained Earnings		Accumulated		Common Stock		Capital in excess		ESOT		Treasury Stock		Total
			Other				of par value						shareholders'
			Comprehensive										equity
			Loss
December 31, 2021	$	25,858	$	(3,908)	$	523	$	14,500	$	(258)	$	(1,349)	$	35,366
Retirement benefits adjustment		—		1,571		—		—		101		—		1,672
Stock based compensation		—		—		—		56		—		135		191
Net Loss		(2,117)		—		—		—		—		—		(2,117)
December 31, 2022	$	23,741	$	(2,337)	$	523	$	14,556	$	(157)	$	(1,214)	$	35,112
Retirement benefits adjustment		—		(52)		—		—		101		—		49
Stock based compensation		—		—		2		61		—		57		120
Net Loss		(10,787)		—		—		—		—		—		(10,787)
December 31, 2023	$	12,954	$	(2,389)	$	525	$	14,617	$	(56)	$	(1,157)	$	24,494

Schedule of earnings per share

	Years Ended December 31,
(in thousands except per share data)	2023		2022
Loss from continuing operations	$	(3,547)	$	(2,100)
Loss from discontinued operation, net of tax		(7,240)		(17)
Net loss	$	(10,787)	$	(2,117)
Weighted average common shares outstanding (basic)		2,470		2,422
Unvested restricted stock		24		27
Weighted average common shares outstanding (diluted)		2,494		2,449
Basic and diluted loss per share		—		—
Continuing operations	$	(1.44)	$	(0.87)
Discontinued operation		(2.93)		(0.01)
Basic and diluted loss per share	$	(4.37)	$	(0.88)

Summary of restricted stock activity

		Weighted Average Grant
Restricted Share Activity:	Shares	Date Fair Value
Unvested at December 31, 2021	6,576	$	7.60
Granted in 2022	32,921	$	11.07
Vested in 2022	12,487	$	9.22
Unvested at December 31, 2022	27,010	$	11.09
Granted in 2023	18,687	$	11.74
Vested in 2023	23,249	$	11.26
Unvested at December 31, 2023	22,448	$	11.45