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NET INCOME (LOSS) PER SHARE
 12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
NET INCOME (LOSS) PER SHARE NET INCOME (LOSS) PER SHARE
 
Net income (loss) per share is calculated in accordance with ASC 260 - Earnings Per Share. Basic income (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. For the year ended December 31, 2023, the Company recorded net income and as such, the Company calculated the impact of dilutive common stock equivalents in determining diluted earnings per share. For the year ended December 31, 2022, the Company recorded a net loss and as such, the computation of diluted net loss per share does not include dilutive common stock equivalents in the weighted average shares outstanding, as they would have been anti-dilutive.
 
The following table presents the securities that were not included in the computation of diluted income (loss) per share, as their inclusion would have been anti-dilutive:

For the year ended December 31,
202320222021
Warrants
324,375 324,375 326,779 
Restricted stock units— 1,255,648 642,094 
Convertible notes
— 9,812,955 9,812,955 
Series A Preferred Stock322,654 — — 
Total dilutive shares647,029 11,392,978 10,781,828 
  
The following table sets forth the computation of basic and diluted income (loss) per share:

For the year ended December 31,
(in thousands, except share and per share data)2023
2022
2021
Basic earnings per share of common stock:
Net income (loss) per share of common stock - basic
$259,052 $(694,022)$(29,813)
Weighted average shares of common stock - basic
183,855,570 113,467,837 99,337,587 
Net income (loss) per share of common stock - basic
$1.41 $(6.12)$(0.30)
Diluted earnings per share of common stock:
Net income (loss) per share of common stock - basic
$259,052 $(694,022)$(29,813)
Add: Notes interest expense, net of tax7,421 — — 
Less: Gain from extinguishment of debt, net of tax
(62,909)— — 
Net income (loss) per share of common stock - diluted
$203,564 $(694,022)$(29,813)
Weighted average shares of common stock - basic
183,855,570 113,467,837 99,337,587 
Restricted stock units330,928 — — 
Convertible notes8,106,779 — — 
Weighted average shares of common stock - diluted
192,293,277 113,467,837 99,337,587 
Net income (loss) per share of common stock - diluted
$1.06 $(6.12)$(0.30)