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Earnings (Loss) Per Share (Tables) | 9 Months Ended
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Sep. 30, 2023
Earnings Per Share [Abstract] |
Schedule of basic and diluted | For all periods presented, weighted average shares and earnings (loss) per share reflect the effects of the Reverse Stock Split. The calculation of the basic and diluted earnings (loss) per share for the three and nine months ended September 30, 2023 and 2022 is as follows (in thousands):
| Three months ended September 30, |  | Nine months ended September 30, |
| 2023 |  |  | 2022 |  | 2023 |  | 2022 |
Numerator: |  |  |  |  |  |  |  |  |
Net income (loss) for basic earnings per share | $ | 1,287 |  |  |  | $ | (18,794) |  |  | $ | 22,609 |  |  | $ | (23,278) |  |
Adjustments to net income available to shareholders |  |  |  |  |  |  |  |  |
Paid-in-Kind interest expense on convertible notes payable and Contract Consideration Convertible Notes Payable | — |  |  |  | — |  |  | 2,284 |  |  | — |  |
Valuation (gain)/loss on Contract Consideration Convertible Notes Payable carried at FV | — |  |  |  | — |  |  | (29,969) |  |  | — |  |
Adjusted net loss for diluted earnings per share | $ | 1,287 |  |  |  | $ | (18,794) |  |  | $ | (5,076) |  |  | $ | (23,278) |  |
Denominator: |  |  |  |  |  |  |  |  |
Basic weighted average shares outstanding | 29,358 |  |  |  | 12,552 |  |  | 23,291 |  |  | 12,349 |  |
Dilutive effect of convertible notes payable | — |  |  |  | — |  |  | 4,743 |  |  | — |  |
Dilutive effect of warrants outstanding | 1,238 |  |  |  | — |  |  | — |  |  | — |  |
Dilutive effect of stock options and restricted shares | 92 |  |  |  | — |  |  | — |  |  | — |  |
Diluted weighted average shares outstanding | 30,688 |  |  |  | 12,552 |  |  | 28,034 |  |  | 12,349 |  |
Basic earnings (loss) per share | $ | 0.04 |  |  |  | $ | (1.50) |  |  | $ | 0.97 |  |  | $ | (1.89) |  |
Diluted earnings (loss) per share | $ | 0.04 |  |  |  | $ | (1.50) |  |  | $ | (0.18) |  |  | $ | (1.89) |  |
Anti-dilutive incremental shares excluded from denominator for diluted earnings computation |
Average number of diluted shares for convertible notes payable (1) | — |  |  |  | 12,399 |  |  | — |  |  | 7,892 |  |
Average number of diluted shares for June 2022 stock warrants (1) | — |  |  |  | 1,483 |  |  | 1,308 |  |  | 554 |  |
Average number of diluted shares for options and restricted stock (1) | — |  |  |  | 113 |  |  | 111 |  |  | 110 |  |
(1) These items were not included in the dilution calculation for their respective periods due to their anti-dilutive effect as it would reduce the loss per share.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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