EARNINGS (LOSS) PER SHARE (Tables)

6 Months Ended

Jun. 30, 2023

EARNINGS (LOSS) PER SHARE

Schedule of Basic and Diluted Net Earnings (Loss) Per Share

		Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except share and per share data)		2023		2022		2023		2022
Numerator:
Net income (loss)	$	19,339	$	(5,334)	$	16,208	$	(7,620)
Add:
Financial expenses of 2024 Notes*	$	(1,749)		—	$	(2,053)		—
Net income (loss) for diluted calculation	$	17,590	$	(5,334)	$	14,155	$	(7,620)
Denominator:
Weighted average shares of Common Stock outstanding for basic calculation		67,158,628		47,327,952		62,378,745		46,589,976
Weighted average dilutive effect of 2024 Notes		14,355,621		—		15,274,121		—
Weighted average dilutive effect of stock options		1,555,307		—		1,243,354		—
Weighted average dilutive effect of warrants		131,085		—		—		—
Weighted average shares of Common Stock outstanding for diluted calculation		83,200,641		47,327,952		78,896,220		46,589,976

* Financial expenses on 2024 Notes consists of add back of financial expense incurred during the period and inclusion of make-whole interest payments that will be incurred upon conversion.