Earnings (Loss) Per Common Share (Tables)

6 Months Ended

Jun. 30, 2022

Schedule of basic and diluted earnings (loss) per common share

The following table summarizes the Company’s earnings (loss) per share for the six months ended June 30, 2022 and 2021 (USD in thousands, except per share amounts):


	Three Months Ended				Six Months Ended
	June 30, 2022		June 30, 2021		June 30, 2022		June 30, 2021
Net earnings (loss) attributable to common stockholders	$	(37,767)	$	(6,695)	$	(66,278)	$	(13,178)
Basic weighted average common shares outstanding	497,792,525		433,098,279		497,577,331		412,230,966
Effect of dilutive securities
Convertible preferred shares- Series A	—		—		—		—
Convertible promissory notes	—		—		—		—
Diluted potential common shares	497,792,525		433,098,279		497,577,331		412,230,966
Earnings (loss) per share:
Basic	$	(0.08)	$	(0.02)	$	(0.13)	$	(0.03)
Diluted	$	(0.08)	$	(0.02)	$	(0.13)	$	(0.03)

Schedule of computation of diluted loss per share

The following table includes the number of shares that may be dilutive potential common shares in the future. The holders of these shares do not have a contractual obligation to share in the Company’s losses and thus these shares were not included in the computation of diluted loss per share because the effect was antidilutive (in thousands):


	June 30, 2022	December 31, 2021
Warrants	950	1,100
Options and RSUs	22,640	21,859
Series A Preferred Stock	933	933
Contingent shares	1,491	1,491
Convertible promissory note and interest	17,786	30,585
Total	43,800	55,968