Three months ended June 30,

Six months ended June 30,

2024

2023

2024

2023

Numerator: (in Thousands)

Net income (loss)

$

856

$

333

$

1,747

$

(825

)

Denominator:

Weighted average number of basic shares outstanding

56,674,170

49,567,338

54,675,011

49,498,755

Weighted average additional shares assuming conversion of in-the-money stock options to common shares and assumed repurchase of common shares by the Company

2,035,000

569,000

1,987,000

—

Weighted average number of diluted common shares outstanding

58,709,170

50,136,338

56,662,011

49,498,755

Basic earnings per common share:

Net income (loss) per share – basic

$

0.02

$

0.01

$

0.03

$

(0.02

)

Diluted earnings per common share:

Net income (loss) per share – diluted

$

0.01

$

0.01

$

0.03

$

(0.02

)