Net Income (Loss) per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Weighted Average Shares Outstanding

The following table sets forth the computation of basic and diluted net income (loss) per share attributable to the shareholders of the Company:

	Three Months Ended				Six Months Ended
(in Thousands, except per share data)	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
Numerator:
Net Income (Loss)	$	6,561	$	(7,262)	$	2,033	$	(20,342)
Number of shares used in per share calculation:
Common shares	1,169,507		560,638		1,155,033		557,488
Common shares issuable assuming exercise of nominally priced warrants	13,091		21,691		17,391		21,691
Total shares used for calculating basic income (loss) per share	1,182,598		582,329		1,172,424		579,179
Weighted-average effect of dilutive securities:
Common shares issuable on convertible promissory notes including interest	205,090		—		201,475		—
Total shares for purposes of calculating diluted net income (loss) per share	1,387,688		582,329		1,373,899		579,179
Net income (loss) per share:
Basic	$	0.01	$	(0.01)	$	—	$	(0.04)
Diluted	$	—	$	(0.01)	$	—	$	(0.04)

Schedule of Anti-dilutive Equity Securities

As a result of the net loss for the six months ended June 30, 2023, all potentially dilutive shares in such periods were anti-dilutive and therefore excluded from the computation of diluted net loss per share.

	Six Months Ended
(in thousands)	June 30, 2024	June 30, 2023
Common stock options	15,737	19,136
Common stock purchase warrants	1,492,500	1,247,911
Convertible notes payable, including interest	20,566	677,050
	1,528,803	1,944,097