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Income (loss) per common share (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Summary of computation of basic and diluted 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

)

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of outstanding securities

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