XML 21 R9.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2

Income/(loss) per Share

3 Months Ended

Mar. 31, 2024

Income/(loss) per Share

Income/(loss) per Share

3.    Income/(loss) per Share

Income/(loss) per common share is presented under two formats: basic income/(loss) per common share and diluted income/(loss) per common share. Basic income/(loss) per common share is computed by dividing net loss attributable to common shareholders by the weighted average number of common shares outstanding during the period. Diluted income/(loss) per common share is computed by dividing net income/(loss) by the weighted average number of common shares outstanding during the period, plus the potentially dilutive impact of common shares equivalents (e.g. convertible debt, stock options and warrants). Dilutive common share equivalents consist of the incremental common shares issuable upon exercise of convertible debt, stock options and warrants. The following table sets forth the computation of basic and diluted net income/(loss) per share (in thousands except per share data):

​

​	​	​	​	​	​	​	​
​	​	Three Months Ended March 31,					​
​		2024			2023
Numerator:	​	​		​	​		​
Net income/(loss)	​	$	12,837	​	$	(6,052)	​
​	​	​	​	​	​	​	​
Denominator:	​			​			​
Weighted-average common shares, basic	​		27,045	​		26,559	​
Dilutive effect of stock options	​		3,005	​		—	​
Dilutive effect of restricted share units	​	​	214	​	​	—	​
Dilutive effect of warrants	​		34	​		—	​
Dilutive effect of convertible debt	​	​	793	​	​	—	​
Incremental dilutive shares	​		4,046	​		—	​
Weighted-average common shares, diluted	​		31,091	​		26,559	​
Net income/(loss) per share, basic and diluted	​	$	0.41	​	$	(0.23)	​

​

The following outstanding convertible debt, options and warrants were excluded from the computation of basic and diluted net income/(loss) per share for the periods presented because including them would have had an anti-dilutive effect:

​

​	​	​	​	​
​	​	Three Months Ended March 31,
​		2024		2023
Options to purchase common shares		1,762		5,032
Convertible debt to purchase common shares	​	2,968	​	3,127
Restricted share units to purchase common shares	​	—	​	298
Warrants to purchase common shares		116		150

​

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
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