Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2024

(Loss) earnings per share of common stock:

Schedule of Earnings (Loss) Per Share

The following is a reconciliation of the numerator and denominator used to calculate basic earnings (loss) per share and diluted earnings (loss) per share for the three and nine months ended September 30, 2024 and 2023:

	Three Months Ended						Nine Months Ended
	September 30, 2024			September 30, 2023			September 30, 2024			September 30, 2023
Basic earnings (loss):
Net (loss) income	$	(5,591	)	$	(2,711	)	$	14,136		$	(8,666	)
Diluted earnings (loss):
Net income (loss)	$	(5,591	)	$	(2,711	)	$	14,136		$	(8,666	)
Interest accrued		—			—			295			—
Chang in fair value of derivative liability		—			—			(602	)		—
Adjusted net (loss) income	$	5,591		$	(2,711	)	$	13,829		$	(8,666	)
Weighted average number of shares-basic		36,427,507			21,291,924			33,910,890			21,124,151
Potentially dilutive shares		—			—			3,441,036			—
Weighted average number of shares-Diluted		36,427,507			21,291,924			37,351,926			21,124,151
Earnings per share
Basic	$	(0.15	)	$	(0.13	)	$	0.42		$	(0.41	)
Diluted	$	(0.15	)	$	(0.13	)	$	0.37		$	(0.41	)