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):
Schedule
of Weighted Average Number of Shares
| |
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):
Schedule
of Anti-dilutive Securities Excluded from Computation of Earnings Per Share
| |
Years
Ended December 31, | |
| |
2023 | | |
2022 | |
Options | |
| 456 | | |
| 528 | |
Restricted
stock units (RSUs) | |
| 237 | | |
| 249 | |
| |
| 693 | | |
| 777 | |
|