Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.22.0.1
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted (Loss) Earnings Per Common Share
The computation of basic and diluted earnings (loss) per common share for the year ended December 31, 2021 and the period from June 26, 2020 to December 31, 2020 is shown below (in thousands, except for share and per share data):
Year Ended December 31, 2021 From June 26, 2020 to December 31, 2020
EPS numerator:
Net income (loss) attributable to common shareholders $ 83  $ (8,437)
     Less: Change in fair value of warrant liabilities (29) — 
        Numerator - diluted $ 54  $ (8,437)
EPS denominator:
Weighted average shares outstanding - basic 38,505,458  38,426,669 
Effect of dilutive securities 1,370,929  — 
Weighted average shares outstanding - diluted 39,876,387  38,426,669 
Net earnings (loss) per share:
Basic $ 0.00  $ (0.22)
Diluted $ 0.00  $ (0.22)