Annual report pursuant to Section 13 and 15(d)

Earnings (loss) per share (Tables)

v3.22.1
Earnings (loss) per share (Tables)
 12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Basic and diluted net loss per share attributable to common stockholders
The following table sets forth basic and diluted net income (loss) per share attributable to common stockholders for the years ended December 31, 2021 and 2020 (in thousands, except share and per share amounts):
Year ended December 31,
2021 2020
Numerator:
Net income (loss) $ 3,387  $ (59,335)
Less: Preferred stock dividends —  103 
Add: Adjustment due to gain on Series E Exchange —  (5,415)
Less: Adjustment due to BCF of Series F Shares —  5,349 
Less: Adjustment due to warrant modifications 402  — 
Adjusted net income (loss) available to common stockholders $ 2,985  $ (59,372)
Denominator:
Basic WASO 19,927,862  8,180,739 
Dilutive common stock equivalents 1,974,685  — 
Diluted WASO 21,902,547  8,180,739 
Net earnings (loss) per share attributable to common stockholders, basic $ 0.15  $ (7.26)
Net earnings (loss) per share attributable to common stockholders, diluted $ 0.14  $ (7.26)