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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Schedule of basic earnings and diluted per share of common stock

The following table sets forth a reconciliation of the numerator and denominator used to compute basic earnings and diluted per share of common stock.

 

 

 

Three Months Ended March 31:

 

$ in thousands, except per share amounts

 

2022

 

 

2021

 

Numerator

 

 

 

 

 

 

Net (loss) income

 

$

(429

)

 

$

1,279

 

Less: Net income attributable to the member units before the reorganization

 

 

-

 

 

 

(647

)

Net (loss) income attributable to Greenidge

 

$

(429

)

 

$

632

 

Denominator

 

 

 

 

 

 

Basic weighted average shares outstanding

 

 

41,058

 

 

 

28,139

 

Dilutive effect of equity awards

 

 

-

 

 

 

8

 

Dilutive effect of convertible preferred stock

 

 

-

 

 

 

-

 

Diluted weighted average shares outstanding

 

 

41,058

 

 

 

28,147

 

(Loss) earnings per share

 

 

 

 

 

 

Basic

 

$

(0.01

)

 

$

0.02

 

Diluted

 

$

(0.01

)

 

$

0.02