Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.22.2.2
EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings (Loss) Per Common Share
The computation of basic and diluted earnings (loss) per common share is shown below (in thousands, except for share and per share data):
Three Months Ended Nine Months Ended
September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021
EPS numerator:
Net (loss) income attributable to common shareholders $ (2,521) $ 8,806  $ 1,531  $ 476 
Less: Change in fair value of warrant liabilities —  (2,178) —  — 
Numerator - diluted $ (2,521) $ 6,628  $ 1,531  $ 476 
EPS denominator:
Weighted average shares outstanding - basic 41,976,865 38,492,878 41,311,366 38,453,611
Effect of dilutive securities — 1,372,872 17,719 1,493,119
Weighted average shares outstanding - diluted 41,976,865 39,865,750 41,329,085 39,946,730
Net (loss) earnings per share:
Basic $ (0.06) $ 0.23  $ 0.04  $ 0.01 
Diluted $ (0.06) $ 0.17  $ 0.04  $ 0.01