Quarterly report pursuant to Section 13 or 15(d)

(Loss) earnings per share (Tables)

v3.22.2.2
(Loss) earnings per share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Basic and Diluted Net Loss per Share Attributable to Common Stockholders
The following table sets forth basic and diluted net (loss) earnings per share available to common stockholders for the three and nine months ended September 30, 2022 and 2021 (in thousands, except share and per share amounts):
Three Months Ended
 September 30,
Nine Months Ended
 September 30,
Common stockholders 2022 2021 2022 2021
Basic (loss) earnings per share:
Numerator:
Net (loss) income $ (6,547) $ (3,456) $ (14,954) $ 8,470 
Less: Adjustment due to warrant modifications —  —  —  402 
Adjusted net (loss) income available to common stockholders $ (6,547) $ (3,456) $ (14,954) $ 8,068 
Denominator:
Basic WASO 29,364,712  29,466,520  29,339,918  16,799,796 
Net (loss) earnings per share available to common stockholders, basic $ (0.22) $ (0.12) $ (0.51) $ 0.48 
Dilutive (loss) earnings per share:
Numerator:
Net (loss) income $ (6,547) $ (3,456) $ (14,954) $ 8,470 
Less: Adjustment due to warrant modifications —  —  —  402 
Adjusted net (loss) income available to common stockholders $ (6,547) $ (3,456) $ (14,954) $ 8,068 
Denominator:
Basic WASO 29,364,712  29,466,520  29,339,918  16,799,796 
Dilutive common stock equivalents —  —  —  6,885,555 
Diluted WASO 29,364,712  29,466,520  29,339,918  23,685,351 
Net (loss) earnings per share available to common stockholders, diluted $ (0.22) $ (0.12) $ (0.51) $ 0.34