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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Weighted Average Common Shares Outstanding

The weighted-average common shares outstanding are as follows:

 

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

15,139,572

 

 

 

12,426,872

 

 

 

14,903,468

 

 

 

12,399,687

 

Issuance of warrants

 

 

5,345,866

 

 

 

-

 

 

 

5,322,203

 

 

 

 

Weighted average common shares outstanding - basic

 

 

20,485,438

 

 

 

12,426,872

 

 

 

20,225,671

 

 

 

12,399,687

 

Issuance of contingent warrants

 

 

1,626,386

 

 

 

-

 

 

 

-

 

 

 

-

 

Dilutive effect of employee stock options and nonvested share awards

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Weighted average common shares outstanding - diluted

 

 

22,111,824

 

 

 

12,426,872

 

 

 

20,225,671

 

 

 

12,399,687