Net (Loss) Income Per Share (Tables)

9 Months Ended

Sep. 30, 2024

Net (Loss) Income Per Share:

Schedule of Basic and Diluted Earnings Per Share

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

	Three Months Ended September 30,					Nine Months Ended September 30,
	2024			2023		2024			2023
Numerator:
Net (loss) income	$	(5,024	)	$	9,231	$	(13,284	)	$	4,963
Denominator:
Basic – weighted average shares outstanding		135,100,233			128,140,238		131,881,302			115,380,792
Effect of dilutive securities:
Employee restricted stock units		-			2,270,924		-			3,199,497
Warrants		-			5,252,112		-			5,252,112
Diluted – weighted average shares outstanding		135,100,233			135,663,274		131,881,302			123,832,401
Basic (loss) earnings per share		(0.04	)		0.07		(0.10	)		0.04
Diluted (loss) earnings per share		(0.04	)		0.07		(0.10	)		0.04