Three Months Ended

Nine Months Ended

September 30,

2023

2022

2023

2022

Basic:

Net (loss) income

$

(53,799)

$

105,888

$

(35,736)

$

26,191

Less: Preferred stock dividend

(3,863)

—

(6,352)

—

Less: Undistributed earnings allocable to preferred stockholders

—

Net (loss) income available to common stockholders

$

(57,662)

$

105,888

$

(42,088)

$

26,191

Weighted average basic number of common shares outstanding basic

16,457

16,340

16,436

16,327

Basic net (loss) income per share of common stock

$

(3.50)

$

6.48

$

(2.56)

$

1.60

Diluted:

Net (loss) income available to common stockholders basic

$

(57,662)

$

105,888

$

(42,088)

$

26,191

Reallocation of undistributed earnings

—

Net (loss) income available to common stockholders diluted

$

(57,662)

$

105,888

$

(42,088)

$

26,191

Weighted average basic number of common shares outstanding basic

16,457

16,340

16,436

16,327

Common stock equivalent shares representing shares issuable upon:

Exercise of warrants and stock options

Anti-dilutive

Vesting of restricted stock units

Anti-dilutive

143

Anti-dilutive

169

Weighted average diluted number of common shares outstanding diluted

16,457

16,483

16,436

16,496

Diluted net (loss) income per share of common stock

$

(3.50)

$

6.42

$

(2.56)

$

1.59