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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table sets forth the composition of the weighted-average shares (denominator) used in the basic and dilutive earnings per share computation for the years ended December 31, 2021, 2020, and 2019. For the year ended December 31, 2021, there were no anti-dilutive shares outstanding that were excluded from the dilutive income per share calculation. For the years ended December 31, 2020 and 2019, options to purchase 30 thousand and 220 thousand shares of common stock were excluded from the dilutive income per share calculation because including such shares would be anti-dilutive.
Year Ended December 31,
202120202019
Net income$12,786 $5,328 $1,322 
Weighted-average shares outstanding, basic59,223 43,945 32,834 
Effect of dilutive outstanding warrants and stock options1,241 2,511 1,076 
Weighted-average shares outstanding, dilutive60,464 46,456 33,910 
Basic income per share$0.22 $0.12 $0.04 
Dilutive income per share$0.21 $0.11 $0.04