SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2024

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Calculation of Basic and Diluted Earnings Per Share

For the three and six months ended June 30, 2024, basic and diluted earnings per share is calculated as follows:

	Three Months Ended June 30, 2024		Six Months Ended June 30, 2024
Net income available to common stockholders ($000’s) (numerator)	$	32,062	$	49,868
Weighted-average number of common shares (denominator)		232,417,645		230,646,246
Basic earnings per common shares	$	0.14	$	0.22
Weighted-average number of common shares		232,417,645		230,646,246
Potential shares of common stock arising from outstanding stock options, warrants and unvested RSUs		9,749,427		8,999,694
Total shares - diluted (denominator)		242,167,072		239,645,940
Diluted earnings per common share	$	0.13	$	0.21

Calculation of Diluted Loss Per Common Share

For the six months ended June 30, 2023, the following securities were excluded from the calculation of diluted loss per common share because of their anti-dilutive effects:

Stock Options	9,641,312
Restricted Stock Units	4,818,649
Warrants	12,502,906
	26,962,867