For the Years Ended December 31,

2022

2021

Basic earnings per share calculation:

Net (loss) income

$

(9,730

)

$

2,847

Weighted average number of common shares outstanding

20,298,641

18,726,459

Basic net (loss) income per share

$

(0.48

)

$

0.15

Diluted earnings per share calculation:

Net (loss) income

$

(9,730

)

$

2,847

Weighted average number of common shares outstanding

20,298,641

18,726,459

Common stock equivalents:

Non-vested stock awards (1)

—

662,030

Weighted average number of common shares outstanding

20,298,641

19,388,489

Diluted net (loss) income per share

$

(0.48

)

$

0.15