Quarterly report pursuant to Section 13 or 15(d)

INCOME (LOSS) PER SHARE

v3.23.1
INCOME (LOSS) PER SHARE
 3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
INCOME (LOSS) PER SHARE

5. INCOME (LOSS) PER SHARE

The following table presents the computation of basic and diluted loss per share for the three months ended March 31, 2023 and 2022 (in thousands, except per share data):

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

Net income (loss)

 

$

641

 

 

$

(5,027

)

Weighted average shares(1)

 

 

15,994

 

 

 

15,662

 

Basic and diluted income (loss) per share

 

$

0.04

 

 

$

(0.32

)

 

(1)
The effect of approximately 365 thousand dilutive non-vested shares is not material to the calculation of diluted income per share for the three months ended March 31, 2023.