EARNINGS (LOSS) PER SHARE (Tables)

9 Months Ended

Sep. 30, 2023

EARNINGS (LOSS) PER SHARE

Schedule of Basic and Diluted Net Earnings (Loss) Per Share

		Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands, except share data)		2023		2022		2023		2022
Numerator:
Net income (loss)	$	(1,852)	$	(3,567)	$	14,356	$	(11,187)
Add:
Financial expenses of 2024 Notes*	$	(1,766)		—	$	(1,610)		—
Net income (loss) for diluted calculation	$	(3,618)	$	(3,567)	$	12,746	$	(11,187)
Denominator:
Weighted average shares of Common Stock outstanding for basic calculation		72,281,681		49,498,105		65,811,506		47,582,733
Weighted average dilutive effect of 2024 Notes		11,500,998		—		13,981,660		—
Weighted average dilutive effect of stock options		—		—		1,247,115		—
Weighted average shares of Common Stock outstanding for diluted calculation		83,782,679		49,498,105		81,040,281		47,582,733

* Financial expenses on 2024 Notes consists of add back of financial expense incurred during the period and inclusion of make-whole interest payments that will be incurred upon conversion.