Loss per common share

3 Months Ended

Mar. 31, 2023

11. Loss per common share

The following table sets forth the computation of basic and diluted loss per common share (each adjusted to account for the Reverse Stock Split) for the periods presented (in thousands, except per share amounts):


	Three Months Ended March 31,
	2023			2022
Numerator:
Net income (loss) from continuing operations	$	(2,310	)	$	(17,875	)
Net income (loss) from discontinued operations		(1,293	)		(31,146	)

Net loss	$	(3,603	)	$	(49,021	)

Denominator:
Weighted average common shares for basic loss per common share		9,754			8,614
Effect of dilutive securities		—			—

Weighted average common shares for diluted loss per common share	$	9,754		$	8,614


Income (loss) per common share, continuing operations
Basic	$	(0.24	)	$	(2.08	)
Diluted		(0.24	)		(2.08	)
Income (loss) per common share, discontinued operations
Basic	$	(0.13	)	$	(3.62	)
Diluted		(0.13	)		(3.62	)

Since we reported a net loss for the three months ended March 31, 2023 and 2022, our potentially dilutive securities are deemed to be anti-dilutive, accordingly, there was no effect of dilutive securities. Therefore, our basic and diluted loss per common share and our basic and diluted weighted average common share are the same for the three months ended March 31, 2023 and 2022.

The following table sets forth the outstanding securities as of the periods presented which were not included in the calculation of diluted earnings per common share during the respective three months ended March 31, 2023 and 2022 (in thousands):


	As of March 31,
	2023		2022
Stock options		103		316
RSUs		177		339
PSUs		19		176
Warrants		225		103

	524		934