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Loss Per Share
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Loss Per Share

7. Loss Per Share

 

Basic loss per share is calculated based on the weighted-average number of outstanding common shares during the applicable period. Diluted loss per share is based on the weighted-average number of outstanding common shares plus the weighted-average number of potential outstanding common shares. In periods where they are anti-dilutive, such amounts are excluded from the calculations of dilutive loss earnings per shares. The following table reconciles the loss and average share amounts used to compute both basic and diluted loss per share:

 

         
   Three Months Ended 
   (Unaudited) 
   March 31, 
(Amounts in Thousands, Except for Per Share Amounts)  2024   2023 
Loss per common share from continuing operations          
Loss from continuing operations, net of taxes  $(3,458)  $(318)
Basic and diluted loss per share  $(.25)  $(.02)
           
Loss per common share from discontinued operations, net of taxes          
Loss from discontinued operations, net of taxes  $(102)  $(93)
Basic and diluted loss per share  $(.01)  $(.01)
           
Net loss per common share          
Net loss  $(3,560)  $(411)
Basic and diluted loss per share  $(.26)  $(.03)
           
Weighted average shares outstanding:          
Basic weighted average shares outstanding   13,676    13,358 
Add: dilutive effect of stock options        
Diluted weighted average shares outstanding   13,676    13,358 
           
Potential shares excluded from above weighted average share calculations due to their anti-dilutive effect include:          
Stock options   75    335