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Earnings Per Share
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share
Note 9 — Earnings Per Share
 
Basic earnings per share are based on the weighted average number of common shares outstanding for the period. Diluted earnings per share are based on the weighted average number of common shares and potentially dilutive common shares outstanding. Potential common shares outstanding principally include stock options, RSUs and warrants, excluding any potentially dilutive shares convertible at a price higher than the closing price of our stock at the end of each reporting period. The following table shows the computation of basic and diluted earnings per share for the three and six months ended June 30, 2022 and 2021 (in thousands, except per share amounts):

     Three Months Ended      Six Months Ended  
 
June 30,
   
June 30,
 
   
2022
   
2021
   
2022
   
2021
 
Numerator:
                       
Net (loss) income
 
$
(4,437
)
 
$
(6,851
)
 
$
(7,757
)
 
$
(33,294
)
                                 
Denominator:
                               
Weighted-average basic shares outstanding
   
71,255
     
71,111
     
71,244
     
71,085
 
Effect of dilutive securities
   
     
     
     
 
Weighted-average diluted shares
   
71,255
     
71,111
     
71,244
     
71,085
 
                                 
Basic (loss) earnings per share
 
$
(0.06
)
 
$
(0.10
)
 
$
(0.11
)
 
$
(0.47
)
Diluted (loss) earnings per share
 
$
(0.06
)
 
$
(0.10
)
 
$
(0.11
)
 
$
(0.47
)

We incurred a net loss for the three and six months ended June 30, 2022 and 2021; therefore, all potentially dilutive securities representing shares of common stock (7,520,546 in 2022 and 6,752,839 in 2021) were excluded from the computation of diluted earnings per share, because their effect would have been antidilutive.