NET INCOME (LOSS) PER SHARE (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of calculation of basic and diluted earnings per common share

The following table reflects the calculation of basic and diluted earnings per common share for the years ended December 31, 2021 and 2020 (in thousands, except for per share amounts):


	Year ended December 31,
	2021		2020
Basic net income (loss) per share
Net loss	$	(1,281)	$	(28,144)
Weighted average common shares and warrants outstanding	43,169		26,209
Basic net loss per share	$	(0.03)	$	(1.07)

Diluted net income (loss) per share
Net loss	$	(1,281)	$	(28,144)
Weighted average common shares and share equivalents outstanding	43,169		26,209
Add: effect of dilutive stock options, awards, and equivalents	—		—
Diluted net loss per share	$	(0.03)	$	(1.07)

Schedule of antidilutive securities excluded from computation of diluted net income (loss) per share

The following table reflects outstanding potentially dilutive common shares that are not included in the computation of diluted net income (loss) per share because, to do so would be anti-dilutive for the years ended December 31, 2021, and 2020 (in thousands):


	Year ended December 31,
	2021	2020
2.5% Convertible Notes debt 2021	3	336
5.0% Convertible Notes debt 2024	—	1,708
Stock options, awards and equivalents	2,914	2,655
Total potentially dilutive common shares	2,917	4,699