Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.22.1
EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Earnings Per Share [Text Block]

NOTE 11 EARNINGS PER SHARE

The following table presents the calculation of basic and diluted (loss) earnings per common share (in thousands, except per share amounts):

Three Months Ended March 31, 

    

2022

    

2021

Net loss

$

(2,457)

$

(746)

Less portion allocated to nonvested shares

 

 

Net loss allocated to common shares

$

(2,457)

$

(746)

Weighted average common shares outstanding - basic

 

142,942

 

142,151

Dilutive effect of securities

Weighted average common shares outstanding - diluted

142,942

142,151

Earnings per common share:

Basic

$

(0.02)

$

(0.01)

Diluted

(0.02)

(0.01)

Shares excluded due to being anti-dilutive (weighted-average)

717

919