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Net (Loss) Income per Share
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Net (Loss) Income per Share

16. Net (Loss) Income per Share

As the Company had net losses for the three months ended March 31, 2022, all potentially dilutive common shares for such quarter were determined to be anti-dilutive. Basic net income per share for the quarter ended March 31, 2021, is calculated by dividing net income by the weighted-average number of common shares outstanding during the period and excludes any dilutive effects of stock-based awards and warrants. Diluted net income per share is computed giving effect to all potentially dilutive common shares, including common stock issuable upon exercise of stock options and warrants.

The following table sets forth the computation of basic and diluted net income per common share (in shares and per share):

 

 

 

For the Three Months Ended March 31,

 

 

 

 

2022

 

 

 

2021

 

Net (loss) income per share - Basic

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

Net (loss) income attributable
   to common stockholders

 

$

(4,488

)

 

$

2,058

 

Denominator:

 

 

 

 

 

 

Weighted average number of
   common shares outstanding

 

 

22,186,993

 

 

 

18,970,250

 

Basic net (loss) income per share attributable
   to common stockholders:

 

$

(0.20

)

 

$

0.11

 

Net (loss) income per share - Diluted

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

Net (loss) income attributable
   to common stockholders

 

$

(4,488

)

 

$

2,058

 

Denominator:

 

 

 

 

 

 

Weighted average number of
   common shares outstanding

 

 

22,186,993

 

 

 

18,970,250

 

Effect of dilutive stock options

 

 

 

 

 

 

Effect of dilutive warrants

 

 

 

 

 

72,712

 

Weighted average number of
   common shares outstanding - diluted

 

 

22,186,993

 

 

 

19,042,962

 

Diluted net (loss) income per share
   attributable to common stockholders:

 

$

(0.20

)

 

$

0.11