Annual report pursuant to Section 13 and 15(d)

Net Income (Loss) Per Share (Tables)

v3.24.1
Net Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):

 

For the years ended December 31,

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

Net income (loss) attributable to common stockholders

 

$

3,102

 

 

$

(9,134

)

Denominator for basic and diluted net income (loss) per share:

 

 

 

 

 

 

Weighted average common shares outstanding for basic

 

 

153,954

 

 

 

138,034

 

Dilutive potential common stock outstanding:

 

 

 

 

 

 

Stock options

 

 

1

 

 

 

 

Weighted average common shares outstanding for diluted

 

 

153,955

 

 

 

138,034

 

Basic net income (loss) per share attributable to common stockholders

 

$

0.02

 

 

$

(0.07

)

Diluted net income (loss) per share attributable to common stockholders

 

$

0.02

 

 

$

(0.07

)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following common stock equivalents were not included in the calculation of net income (loss) per diluted share because their effect were anti-dilutive (in thousands):

 

 

For the years ended December 31,

 

 

2023

 

 

2022

 

Stock options

 

 

20,185

 

 

 

15,581

 

Performance stock options

 

 

11,000

 

 

 

11,000

 

Warrants

 

 

10,750

 

 

 

10,750

 

Total

 

 

41,935

 

 

 

37,331