EARNINGS (LOSS) PER SHARE

6 Months Ended

Jun. 30, 2023

Basic earnings (loss) per share (“basic EPS”) is computed by dividing the net income or loss by the weighted average number of common shares outstanding for the reporting period. Diluted earnings (loss) per share (“diluted EPS”) gives effect to all dilutive potential shares outstanding. As the Company is in a net loss position for all periods presented, all potential shares outstanding are anti-dilutive. The following table provides the computation of basic and diluted loss per share.


	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except per share data)	2023		2022		2023		2022
Numerator:
Net loss attributable to stockholders	$	(994)	$	(5,426)	$	(4,477)	$	(11,371)

Denominator:
Weighted average shares outstanding - basic and diluted	34,603		34,464		34,600		34,447

Loss per share:
Basic and diluted	$	(0.03)	$	(0.16)	$	(0.13)	$	(0.33)

Anti-dilutive instruments excluded from diluted loss per common share:

Options	7,700		6,679		7,700		6,679
Warrants	250		—		250		—