XML 58 R43.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Earnings (Loss) Per Share (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Earnings Per Share [Abstract] |
Schedule of basic and diluted earnings (loss) per share | The calculation of the basic and diluted earnings (loss) per share for the years ended December 31, 2023 and 2022 is as follows (in thousands):
| Year ended December 31,
| 2023 |  | 2022 |
Numerator: |  |  |  |
Net income (loss) for basic earnings per share | $ | 24,713 |  |  | $ | (42,305) |  |
Adjustments to net income (loss) available to shareholders for diluted earnings |  |  |
Paid-in-Kind interest expense on convertible notes payable and contract consideration convertible notes payable, net of tax | 2,284 |  |  | — |  |
Valuation gain on convertible notes carried at fair value, net of tax | (29,969) |  |  | — |  |
Net loss for fully dilutive earnings per share | $ | (2,972) |  |  | $ | (42,305) |  |
Denominator: |  |  |  |
Basic weighted average shares outstanding | 24,830 |  |  | 12,404 |  |
Dilutive effect of convertible notes payable | 3,547 |  |  | — |  |
Diluted weighted average shares outstanding | 28,377 |  |  | 12,404 |  |
Basic earnings (loss) per share | $ | 1.00 |  |  | $ | (3.41) |  |
Diluted loss per share | $ | (0.10) |  |  | $ | (3.41) |  |
The table below summarizes net income items that were excluded from the numerator for the diluted earnings calculation and shares that were excluded from the denominator for the diluted earnings calculation due to their anti-dilutive effects on earnings (loss) per share (in thousands):
| Year ended December 31,
| 2023 |  | 2022 |
Anti-dilutive adjustment to net income available to shareholders excluded from numerator for diluted earnings computation |  |  |
Paid-in-Kind interest expense on convertible notes payable and contract consideration convertible notes payable, net of tax | $ | — |  |  | $ | 5,956 |  |
Valuation gain on convertible notes carried at fair value, net of tax | — |  |  | (75) |  |
Total numerator adjustment excluded from diluted earnings computation | $ | — |  |  | $ | 5,881 |  |
Anti-dilutive incremental shares excluded from denominator for diluted earnings computation |  |  |
Average number of diluted shares for convertible notes payable and contract consideration convertible notes payable | — |  |  | 9,108 |  |
Average number of diluted shares for stock warrants | 1,251 |  |  | 802 |  |
Average number of diluted shares for stock options and restricted stock | 94 |  |  | 128 |  |
Total incremental shares excluded from denominator for diluted earnings computation | 1,345 |  |  | 10,038 |  |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration