EARNINGS (LOSS) PER SHARE (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

The following table sets forth the computation of basic and diluted earnings/(loss) per share (in thousands, except share and per share data):

The following table sets forth the computation of basic and diluted earnings/(loss) per share (in thousands, except share and per share data):

	(Unaudited) Three Months Ended September 30,					(Unaudited) Nine Months Ended September 30,
	2021		2020			2021		2020
Numerator:
Net Income/(Loss)	$	7,189	$	(983	)	$	4,616	$	(4,728	)
Denominator:
Weighted average shares of common stock – basic		7,290,975		5,488,111			7,078,046		3,436,805
Effect of dilutive securities
Preferred Stock		144,444		-			144,444		-
Stock Options		32,795		-			58,618		-
Warrants		12		-			30		-
Stock Purchase Plan		2,687		-			896		-
Restricted Stock Units & Restricted Stock Awards		100,072		-			53,234		-
Weighted average shares of common stock – diluted		7,570,985		5,488,111			7,335,268		3,436,805
Net Earnings (Loss) per share
Basic	$	0.99	$	(0.18	)	$	0.65	$	(1.38	)
Diluted	$	0.95	$	(0.18	)	$	0.63	$	(1.38	)

The following table represents the weighted average number of anti-dilutive instruments excluded from the computation of diluted earnings per share:

The following table represents the weighted average number of anti-dilutive instruments excluded from the computation of diluted earnings per share:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Anti-dilutive instruments excluded from computation of diluted net income per share:
Preferred Stock		-		144,444		-		144,444
Stock Options		91,471		473,771		94,621		473,771
Warrants		3,778,983		3,779,246		3,778,983		3,779,246
Restricted Stock Units		5,935		-		5,935		-