Earnings Per Share (Tables)

3 Months Ended

Dec. 31, 2023

The following table presents the computation of basic and diluted net earnings per share (in $000's):


	Three Months Ended December 31,
	2023		2022
Basic
Net (loss) income	$	(682)	$	1,844
Less: preferred stock dividends	—		—
Net (loss) income applicable to common stock	$	(682)	$	1,844

Weighted average common shares outstanding	3,163,541		3,059,035
Basic (loss) earnings per share	$	(0.22)	$	0.60

Diluted
Net (loss) income applicable to common stock	$	(682)	$	1,844
Add: preferred stock dividends	—		—
Net (loss) income applicable for diluted earnings per share	$	(682)	$	1,844

Weighted average common shares outstanding	3,163,541		3,059,035
Add: Options	—		30,467


Add: Series E Preferred Stock	—		239
Assumed weighted average common shares outstanding	3,163,541		3,089,741
Diluted (loss) earnings per share	$	(0.22)	$	0.60