EARNINGS (LOSS) PER COMMON SHARE (“EPS”) (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of Earnings Per Share, Basic and Diluted

The following table presents information necessary to calculate basic and diluted EPS for the three months ended March 31, 2022, and 2021:


	Three months ended March 31,
	2022		2021
Net (loss) income	$	(23,296)	$	4,940
Weighted-average shares of common stock outstanding	44,718,510		33,717,103
Dilutive effect of warrants using the treasury stock method	—		2,840,464
Dilutive effect of restricted stock units using the treasury stock method	—		1,658,866
Dilutive effect of stock options using the treasury stock method	—		780,598
Diluted weighted-average shares of common stock outstanding	44,718,510		38,997,031
Basic EPS	$	(0.52)	$	0.15
Diluted EPS	$	(0.52)	$	0.13

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The computation of the weighted-average shares of common stock outstanding for diluted EPS excludes the following potential common shares as their inclusion would have an anti-dilutive effect:


	Three months ended March 31,
	2022	2021
Shares subject to warrants outstanding	17,669	—
Shares subject to unvested performance based and restricted stock units	1,234,857	—
Shares subject to stock options outstanding	696,071	—