Net Earnings (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Basic and Diluted Net Loss Per Share

The following table reconciles the basic to diluted weighted average shares outstanding for the three months ended March 31, 2023. As a result of the Company’s net loss incurred for the three months ended March 31, 2022, all potentially dilutive instruments outstanding would have anti-dilutive effects on per-share calculations. Therefore, basic and diluted net loss per share were the same for the three months ended March 31, 2022 as reflected below.

	Three Months Ended March 31,
	2023		2022
Numerator:
Net income (loss)	$	8,068	$	(13,220)
Denominator:
Weighted-average number of common shares – basic	55,631,947		41,465,798
Effect of dilutive stock options and warrants	18,160,939		—
Weighted-average number of common shares – diluted	73,792,886		41,465,798
Earnings per share attributable to common stockholders:
Earnings (Loss) per common share – basic	$	0.15	$	(0.32)
Earnings (Loss) per common share – diluted	$	0.11	$	(0.32)