Year ended December 31,

2023

2022

2021

Numerator

Net (loss) income

$

(84,217

)

$

(37,348

)

$

35,095

Preferred stock dividends

(552

)

(552

)

(552

)

Net (loss) income applicable to common stockholders

$

(84,769

)

$

(37,900

)

$

34,543

Denominator

Basic weighted average common shares

605,668

557,344

536,192

Dilutive stock options, restricted stock units, and warrants

—

—

5,984

Diluted weighted average common shares

605,668

557,344

542,176

Basic (loss) income per common share

$

(0.14

)

$

(0.07

)

$

0.06

Diluted (loss) income per common share

$

(0.14

)

$

(0.07

)

$

0.06