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EARNINGS (LOSS) PER SHARE
 6 Months Ended
Jun. 30, 2022
EARNINGS (LOSS) PER SHARE [Abstract]  
EARNINGS (LOSS) PER SHARE
7. EARNINGS (LOSS) PER SHARE

Basic earnings per share (“EPS”) are computed by dividing net income (loss) by the weighted-average number of common shares outstanding for the period. Diluted EPS is computed by dividing net income by the weighted-average number of common shares and dilutive common stock equivalents outstanding during the period.

 
Six months ended June 30,
  
All figures in USD ‘000 except share and per share amounts
  
2022
    
2021
  
Numerator
            
Net Loss
    
(30,940
)
    
(53,718
)
Denominator
                
Basic – Weighted Average Common Shares Outstanding
    
196,118,802
      
153,746,698
  
Dilutive – Weighted Average Common Shares Outstanding
    
196,118,802
      
153,746,698
  
Loss per Common Share
                
Basic
    
(0.16
)
    
(0.35
)
Diluted
    
(0.16
)
    
(0.35
)