Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of the basic and diluted earnings per share attributable to the Company's common shareholders for the three months ended March 31, 2023 and 2022:

	Three Months Ended March 31,
(in thousands, except per share amounts)	2023		2022
EPS numerator:
Net income (loss)	$	2,993	$	(1,516)
EPS denominator:
Weighted average shares outstanding – basic	10,475		10,421
Impact of dilutive securities(1)	565		—
Weighted average shares outstanding – diluted	11,040		10,421
EPS:
Basic	$	0.29	$	(0.15)
Diluted	$	0.27	$	(0.15)

(1)    For the three months ended March 31, 2022, the Company excluded 153,741 of weighted average anti-dilutive securities related to certain of the Company's outstanding common stock warrants, shares issued in conjunction with the Company's ESPP and nonvested RSUs.

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table summarizes the securities that were antidilutive or out-of-the-money, and therefore, were not included in the computations of diluted income per common share:

	Three Months Ended March 31,
	2023	2022
Out-of-the-money warrants (see Note 6)	600,000	1,229,643
Service-based RSUs (See Note 13)	—	70,999
Performance and market-based RSUs(1)	—	87,053
Employee Stock Purchase Plan	1,561	3,547
Total	601,561	1,391,242

(1)    For the three months ended March 31, 2022, certain MRSU awards (each defined in Note 13) were not included in the computation of diluted income per common share because the performance and market conditions were not satisfied during the periods and would not be satisfied if the reporting date was at the end of the contingency period.