XML 28 R8.htm IDEA: XBRL DOCUMENT
v3.23.2

Note 2 - Income (Loss) Per Share | 6 Months Ended
--- | ---
Jun. 30, 2023
Notes to Financial Statements |
Earnings Per Share [Text Block] | 2. Income (loss) per share Basic income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the period, in addition to restricted stock units ("RSUs") that are vested but not delivered. Diluted income (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue common stock are exercised or converted into common stock and is calculated using the treasury stock method for stock options, restricted stock units, restricted stock, warrants and deferred common stock. Stock equivalent shares are excluded from the calculation in loss periods, as their effects would be anti-dilutive. For the three and six months ended June 30, 2023 and 2022, basic and diluted income (loss) per share were as follows:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) |  | $ | 4,251 |  |  | $ | (56,944 | ) |  | $ | (27,692 | ) |  | $ | (58,957 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding |  |  | 81,012,997 |  |  |  | 79,793,240 |  |  |  | 80,613,857 |  |  |  | 79,479,049 |
Weighted average restricted shares vested not delivered |  |  | 1,714,974 |  |  |  | 1,700,581 |  |  |  | 1,709,997 |  |  |  | 1,714,058 |
Total basic weighted average shares outstanding |  |  | 82,727,971 |  |  |  | 81,493,821 |  |  |  | 82,323,854 |  |  |  | 81,193,107 |
Dilutive effect of assumed conversion of restricted stock units |  |  | 24,675 |  |  |  | — |  |  |  | — |  |  |  | — |
Total diluted weighted average shares outstanding |  |  | 82,752,646 |  |  |  | 81,493,821 |  |  |  | 82,323,854 |  |  |  | 81,193,107 |
Basic and diluted income (loss) per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.05 |  |  | $ | (0.70 | ) |  | $ | (0.34 | ) |  | $ | (0.73 | )
Diluted |  | $ | 0.05 |  |  | $ | (0.70 | ) |  | $ | (0.34 | ) |  | $ | (0.73 | )
Based on exercise prices compared to the average stock prices for the three and six months ended June 30, 2023 and 2022, certain stock equivalents, including stock options and warrants, have been excluded from the diluted weighted average share calculations due to their anti-dilutive nature.
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Restricted stock units |  |  | 5,568,341 |  |  |  | 1,875,000 |  |  |  | 5,592,510 |  |  |  | 1,875,000 |
Stock options |  |  | 2,139,000 |  |  |  | 2,139,000 |  |  |  | 2,139,000 |  |  |  | 2,139,000 |
Total anti-dilutive securities |  |  | 7,707,341 |  |  |  | 4,014,000 |  |  |  | 7,731,510 |  |  |  | 4,014,000 |
FLUENT, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) (Amounts in thousands, except share and per share data) (unaudited)

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

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration