EARNINGS (LOSS) PER SHARE (Tables)

6 Months Ended

Jun. 30, 2022

EARNINGS (LOSS) PER SHARE

Schedule of earnings per share, basic and diluted

Earnings (loss) per share for the three and six months ended June 30, 2022 and 2021 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 June 30,				Three Months Ended June 30,				Six Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021		2022		2021		2022		2021
Net loss	$	(14,923)	$	(14,106)	$	(14,923)	$	(14,106)	$	(35,053)	$	(14,020)	$	(35,053)	$	(14,020)
Net income allocated to participating securities		—		—		—		—		—		—		—		—
Dividends on Series A convertible preferred stock		(407)		—		(407)		—		(812)		—		(812)		—
Net loss available to common shareholders	$	(15,330)	$	(14,106)	$	(15,330)	$	(14,106)	$	(35,865)	$	(14,020)	$	(35,865)	$	(14,020)
Basic Weighted-Average Shares Outstanding		16,272		12,085		16,272		12,085		16,205		12,045		16,205		12,045
Dilutive effect of stock options and ESPP						—		—						—		—
Diluted Weighted-Average Shares Outstanding						16,272		12,085						16,205		12,045
Loss per share	$	(0.94)	$	(1.17)	$	(0.94)	$	(1.17)	$	(2.21)	$	(1.16)	$	(2.21)	$	(1.16)