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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
10% Series A Cumulative Perpetual Preferred Stock
Preferred Stock
Preferred Stock
10% Series A Cumulative Perpetual Preferred Stock
Common Stock
Additional Paid-in Capital
Additional Paid-in Capital
10% Series A Cumulative Perpetual Preferred Stock
Accumulated (Deficit)
Treasury Stock
Balance at Dec. 31, 2019 $ (23.2)             $ (23.2)  
Balance, shares at Dec. 31, 2019         7,300,000        
Net loss (24.0)             (24.0)  
Stock issued 4.0 $ 28.2       $ 4.0 $ 28.2    
Stock issued, shares       1,200,000 507,143        
Opening deferred tax liabilities under reverse recapitalization (6.2)             (6.2)  
Equity infusion from reverse recapitalization, net of transaction costs 175.7         175.7      
Equity infusion from reverse recapitalization, net of transaction costs, shares         21,911,359        
Shares issued upon settlement of equity-linked incentive plan 3.1         3.1      
Shares issued upon settlement of equity-linked incentive plan, shares         300,000        
Disgorgement of short swing profits 1.6         1.6      
Share based compensation 3.6         3.6      
Share based compensation, share         390,000        
Repurchases of common stock (5.9)               $ (5.9)
Repurchases of common stock, shares         (390,000)        
Balance at Dec. 31, 2020 156.9         216.2   (53.4) (5.9)
Balance, shares at Dec. 31, 2020     1,200,000   30,018,502        
Net loss (20.8)             (20.8)  
Dividends on preferred stock (2.6)             (2.6)  
Share based compensation 1.2         1.2      
Warrants exchanged into common stock         2,279,874        
Issuance of restricted stock units to employees         65,000        
Balance at Dec. 31, 2021 $ 134.7         $ 217.4   $ (76.8) $ (5.9)
Balance, shares at Dec. 31, 2021     1,200,000   32,363,376