EARNINGS (LOSS) PER SHARE (Tables)

9 Months Ended

Sep. 30, 2021

EARNINGS (LOSS) PER SHARE

Schedule of Earnings per share, basic and diluted

Earnings (loss) per share for the three and nine months ended September 30, 2021 and 2020 are calculated for basic and diluted earnings (loss) per share as follows:

	Basic				Diluted				Basic				Diluted
(in thousands, except per share amounts)	Three Months Ended September 30,				Three Months Ended September 30,				Nine Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020		2021		2020		2021		2020
Net (loss)/income	$	(4,447)	$	434	$	(4,447)	$	434	$	(18,467)	$	(18,913)	$	(18,467)	$	(18,913)
Net income allocated to restricted stock		—		(12)		—		(13)		—		—		—		—
Net (loss)/income allocated to common shares	$	(4,447)	$	422	$	(4,447)	$	421	$	(18,467)	$	(18,913)	$	(18,467)	$	(18,913)
Basic Weighted-Average Shares Outstanding		12,107		11,991		12,107		11,991		12,066		11,953		12,066		11,953
Dilutive effect of stock options and ESPP						—		12						—		—
Diluted Weighted-Average Shares Outstanding						12,107		12,003						12,066		11,953
(Loss)/Income per share	$	(0.37)	$	0.04	$	(0.37)	$	0.04	$	(1.53)	$	(1.58)	$	(1.53)	$	(1.58)