Basic and Diluted Net Income (Loss) per Share

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Basic and Diluted Net Income (Loss) per Share

17. Basic and Diluted Net Income (Loss) per Share

A reconciliation of the number of shares used in the calculation of basic and diluted earnings per share for the years ended December 31, 2023 and 2022 are as follows (rounded to thousands):

	Years Ended December 31,
	2023		2022
Basic weighted average number of common shares		4,317		4,238
Potential dilutive effect of stock-based awards		47		-
Diluted weighted average number of common shares		4,364		4,238

The Company’s Series B Preferred Stock, on an as converted basis of 7,833,334 shares and the following outstanding stock-based awards were excluded from the computation of the effect of dilutive securities on loss per share for the following periods as they would have been anti-dilutive (rounded to thousands):

	Years Ended December 31,
	2023		2022
Options		456		528
Restricted stock units (RSUs)		237		249
		693		777