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Earnings Per Share
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Share
Note 9 — Earnings Per Share

Basic earnings per share are based on the weighted average number of common shares outstanding for the period. Diluted earnings per share are based on the weighted average number of common shares and potentially dilutive common shares outstanding. Potential common shares outstanding principally include stock options, RSUs and warrants, excluding any potentially dilutive shares convertible at a price higher than the closing price of our stock at the end of each reporting period. The following table shows the computation of basic and diluted earnings per share for the three months ended March 31, 2022 and 2021 (in thousands, except per share amounts):

 
Three Months Ended
March 31,
 
   
2022
   
2021
 
Numerator:
           
Net loss
 
$
(3,320
)
 
$
(26,443
)
                 
Denominator:
               
Weighted-average basic shares outstanding
   
71,233
     
71,059
 
Effect of dilutive securities
   
     
 
Weighted-average diluted shares
   
71,233
     
71,059
 
                 
Basic loss per share
 
$
(0.05
)
 
$
(0.37
)
Diluted loss per share
 
$
(0.05
)
 
$
(0.37
)

We incurred a net loss for the three months ended March 31, 2022 and 2021; therefore, all potentially dilutive securities representing shares of common stock (6,931,592 in 2022 and 6,341,844, in 2021) were excluded from the computation of diluted earnings per share, because their effect would have been antidilutive.