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EARNINGS PER SHARE (''EPS'') | 12 Months Ended
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Dec. 31, 2023
Earnings Per Share [Abstract] |
EARNINGS PER SHARE ("EPS") | 10. EARNINGS PER SHARE (“EPS”) The computation of basic EPS is based on the Company’s weighted average shares outstanding. No shares of Series D Preferred Stock, Series A Preferred Stock, or Series A1 Preferred Stock outstanding as of December 31, 2023 were included in the computation of diluted EPS because they had no dilutive effect. In order to calculate the diluted weighted average number of shares of Common Stock outstanding for the year ended December 31, 2022, the basic weighted average number of shares of Common Stock outstanding was increased by 1,000 to reflect the dilutive effect of certain shares of the Company’s Series D Preferred Stock. Outstanding Series A Preferred Warrants were not included in the computation of diluted EPS for the years ended December 31, 2023 and 2022 because their impact was either anti-dilutive or such warrants were not exercisable during such periods (Note 12). Outstanding shares of Series L Preferred Stock were not included in the computation of diluted EPS for the year ended December 31, 2023 (because they were redeemed in January 2023) and 2022 (because such shares were not redeemable during such period). EPS for the year-to-date period may differ from the sum of quarterly EPS amounts due to the required method for computing EPS in the respective periods. In addition, EPS is calculated independently for each component and may not be additive due to rounding. The following table reconciles the numerator and denominator used in computing the Company’s basic and diluted per-share amounts for net loss attributable to common stockholders for the years ended December 31, 2023 and 2022:
| Year Ended December 31,
| 2023 |  | 2022 |  |
| (in thousands, except per share amounts)
Numerator: |  |  |  |  |
Net loss attributable to common stockholders | $ | (75,727) |  |  | $ | (25,785) |  |  |
Redeemable preferred stock dividends declared on dilutive shares | — |  |  | (9) |  |  |
Diluted net loss attributable to common stockholders | $ | (75,727) |  |  | $ | (25,794) |  |  |
Denominator: |  |  |  |  |
Basic weighted average shares of Common Stock outstanding | 22,723 |  |  | 23,153 |  |  |
Effect of dilutive securities—contingently issuable shares | — |  |  | 1 |  |  |
Diluted weighted average shares and common stock equivalents outstanding | 22,723 |  |  | 23,154 |  |  |
Net loss attributable to common stockholders per share: |  |  |  |  |
Basic | $ | (3.33) |  |  | $ | (1.11) |  |  |
Diluted | $ | (3.33) |  |  | $ | (1.11) |  |  |

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- 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
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