Three Months Ended September 30,

Nine Months Ended September 30,

2022

2021

2022

2021

Basic net (loss) income per common share:

Net (loss) income

$

(3,991

)

$

8,087

$

(10,540

)

$

(27,689

)

Undistributed earnings allocated to participating securities

—

(2,969

)

—

—

Net (loss) income attributable to common shares - basic

$

(3,991

)

$

5,118

$

(10,540

)

$

(27,689

)

Weighted average shares used in calculating basic (loss) income per share

48,709,846

12,100,292

28,634,209

7,902,104

Basic net (loss) income per common share

$

(0.08

)

$

0.42

$

(0.37

)

$

(3.50

)

Diluted net (loss) income per common share:

Net (loss) income

$

(3,991

)

$

8,087

$

(10,540

)

$

(27,689

)

Change in fair value of warrants

—

—

—

(5,119

)

Undistributed earnings allocated to participating securities

—

(2,968

)

—

—

Net (loss) income attributable to common shares - diluted

$

(3,991

)

$

5,119

$

(10,540

)

$

(32,808

)

Weighted-average shares outstanding

48,709,846

12,100,292

28,634,209

7,902,104

Effect of potentially dilutive securities

—

6,479

—

50,894

Weighted average shares used in calculating diluted (loss) income per share

48,709,846

12,106,771

28,634,209

7,952,998

Diluted net (loss) income per common share

$

(0.08

)

$

0.42

$

(0.37

)

$

(4.13

)