EARNINGS (LOSS) PER SHARE (Tables)

3 Months Ended

Mar. 31, 2022

EARNINGS (LOSS) PER SHARE

Schedule of earnings per share, basic and diluted

Earnings (loss) per share for the three months ended March 31, 2022 and 2021 are calculated for basic and diluted earnings (loss) per share as follows:

	Basic				Diluted
(in thousands, except per share amounts)	Three Months Ended March 31,				Three Months Ended March 31,
	2022		2021		2022		2021
Net (loss)/income	$	(20,130)	$	86	$	(20,130)	$	86
Net income allocated to participating securities		—		(5)		—		(5)
Dividends on Series A convertible preferred stock		(405)		—		(405)		—
Net (loss)/income available to common shareholders	$	(20,535)	$	81	$	(20,535)	$	81
Basic Weighted-Average Shares Outstanding		16,137		12,004		16,137		12,004
Dilutive effect of stock options and ESPP						—		13
Diluted Weighted-Average Shares Outstanding						16,137		12,017
(Loss)/Income per share	$	(1.27)	$	0.01	$	(1.27)	$	0.01