XML 35 R20.htm IDEA: XBRL DOCUMENT v3.22.4
NET LOSS PER SHARE
 12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
NET LOSS PER SHARE NET EARNINGS (LOSS) PER SHARE
We compute net earnings (loss) per share based on the weighted average number of common shares outstanding for the period. Diluted net earnings (loss) per share reflects the maximum dilution that would have resulted from incremental common shares issuable upon the exercise of stock options. We compute the number of common share equivalents, which includes stock options, using the treasury stock method. We have excluded stock options and restricted stock units reflecting 108 shares for the year ended December 31, 2022 and 2,096 shares for the year ended December 31, 2021 from the computation of the diluted shares because the effect of including the stock options and restricted stock units would have been anti-dilutive.

The following table sets forth the computation of basic and diluted net earnings (loss) per common share for the years ended December 31 (in thousands, except per share amounts):
20222021
Basic:
Net income (loss)$(14,466)$3,193 
Weighted-average shares of common stock outstanding20,117 19,313 
Basic earnings (loss) per share$(0.72)$0.17 
Diluted:
Net income (loss)$(14,466)$3,193 
Weighted-average shares of common stock outstanding20,117 19,509 
Diluted earnings (loss) per share$(0.72)$0.16