Net income / (loss) per share

12 Months Ended

Dec. 31, 2023

Net loss per share

Net income / (loss) per share

23. Net income / (loss) per share

Net income (loss) per share is computed by dividing net income by the weighted-average number of shares of common stock outstanding during the year.

The following table sets forth the computation of the basic and diluted net income / (loss) per share for the years ended December 31, 2023 and 2022:

	Years Ended December 31,
(Amounts in thousands, except share and per share amounts)	2023			2022
Numerator:
Net loss	$	(71,397	)	$	(74,337	)
Denominator:
Basic weighted average number of shares		1,917,179			1,717,623
Diluted weighted average number of shares		1,917,179			1,717,623
Net loss per share:
Basic	$	(37.24	)	$	(43.28	)
Diluted	$	(37.24	)	$	(43.28	)

Basic net income / (loss) per share is computed by dividing net income / (loss) for the periods presented by the weighted-average number of common shares outstanding during these periods.

Diluted net income /(loss) per share is computed by dividing the net income / (loss), by the weighted average number of common shares outstanding for the periods, adjusted for the dilutive effect of shares of common stock equivalents resulting from the assumed exercise of the Public Warrants, Private Placements Warrants, Working Capital Warrants, Stock Options and Restricted Stock Units. The treasury stock method was used to calculate the potential dilutive effect of these common stock equivalents.

As the Company incurred losses for the years ended December 31, 2023 and 2022, the effect of including any potential common shares in the denominator of diluted per-share computations would have been anti-dilutive; therefore, basic and diluted losses per share are the same.