(Amounts in thousands except share and per share amounts)

Three Months Ended

September 30,

Nine Months

Ended September 30,

2021

2020

2021

2020

Numerator for basic and diluted income (loss) per share:

Net income (loss)

$

490

$

(626

)

$

9,871

$

(6,652

)

Preferred dividends, deemed dividends and accretion

(1,935

)

(2,529

)

(6,260

)

(5,275

)

Net income (loss)available to common shareholders

$

(1,445

)

$

(3,155

)

$

3,611

$

(11,927

)

Effective of dilutive securities:

Preferred dividends, deemed dividends and accretion

—

Net income (loss) available to common shareholders after assumed conversions

(1,445

)

(3,155

)

3,611

(11,927

)

Denominator for basic income (loss) per share – weighted-average shares outstanding

340,384,468

133,341,134

326,458,778

125,558,524

Effect of dilutive securities:

Options

—

82,942,500

—

Warrants

—

2,919,631

—

Convertible preferred stock

—

Denominator for diluted income (loss) – adjusted weighted average shares and assumed conversions

340,384,468

133,341,134

412,320,909

125,558,524

Basic income (loss) per share available to common shareholders

$

(0.00

)

$

(0.02

)

$

0.01

$

(0.09

)

Diluted income (loss) per share available to common shareholders

$

(0.00

)

$

(0.02

)

$

0.01

$

(0.09

)