Income (loss) per common share

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Loss per common share

12. Income (loss) per common share

The following table sets forth the computation of basic and diluted income (loss) per common share for the periods presented (in thousands, except per share amounts):

	2022		2021
Numerator:
Net income (loss) from continuing operations	$	1,074	$	(79,305	)
Net income (loss) from discontinued operations		110,923		(93,110	)
Net income (loss)	$	111,997	$	(172,415	)
Denominator:
Weighted average common shares for basic income (loss) per    common share		9,028		7,960
Effect of dilutive securities		338		-
Weighted average common shares for diluted income (loss) per    common share		9,366		7,960
Income (loss) per common share, continuing operations
Basic	$	0.12	$	(9.96	)
Diluted	$	0.11	$	(9.96	)
Income (loss) per common share, discontinued operations
Basic	$	12.29	$	(11.70	)
Diluted	$	11.84	$	(11.70	)

Since we reported a net loss for 2021, 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 2021.

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 2022 and 2021 (in thousands):

	As of December 31,
	2022		2021
Stock options		172		353
RSUs		-		272
PSUs		-		164
Warrants		101		103
		273		892