Earnings per Share

6 Months Ended

Jun. 30, 2022

Earnings per Share

Earnings per Share

13. Earnings per Share

Earnings per share is computed by dividing net income (loss) by the weighted-average common shares outstanding. Basic earnings per common share is computed by dividing net income available to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted earnings per common share considers potentially dilutive securities outstanding during the period.

Basic and diluted earnings per share is computed by dividing net income (loss) by the weighted-average common shares outstanding:

	THREE MONTHS ENDED JUNE 30,				SIX MONTHS ENDED JUNE 30,
	2022		2021		2022		2021
Numerator:
Net income (loss) available to common shareholders	$	(589)	$	(2,857)	$	1,621	$	(1,805)
Denominator:
Basic weighted average common shares outstanding		156,478,724		147,485,566		156,209,335		147,323,724
Effects of dilutive securities		—		—		3,084,027		—
Diluted weighted average common shares outstanding		156,478,724		147,485,566		159,293,362		147,323,724
Earnings per share:
Basic	$	(0.00)	$	(0.02)	$	0.01	$	(0.01)
Diluted	$	(0.00)	$	(0.02)	$	0.01	$	(0.01)