Annual report pursuant to Section 13 and 15(d)

Note 3 - Net Income Per Common Share

v3.22.4
Note 3 - Net Income Per Common Share
12 Months Ended
Dec. 31, 2022
Notes to Financial Statements  
Earnings Per Share [Text Block]

3.     NET INCOME PER COMMON SHARE

 

The following table illustrates the computation of basic and diluted net income per common share for the periods indicated (in thousands, except per share data):

 

   

Year Ended December 31,

 
   

2022

   

2021

 
   

Income

   

Shares

   

Per Share

   

Income

   

Shares

   

Per Share

 

Basic net income per common share:

                                               

Net income available to common stockholders

  $ 313       11,362     $ 0.03     $ 1,085       11,017     $ 0.10  

Effect of dilutive securities:

                                               

Non-vested restricted stock

          61                     406          

Diluted net income per common share:

                                               

Net income available to common stockholders plus assumed dilution

  $ 313       11,423     $ 0.03     $ 1,085       11,423     $ 0.09