EARNINGS (LOSS) PER SHARE

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

EARNINGS (LOSS) PER SHARE

NOTE 12 - EARNINGS (LOSS) PER SHARE

Earnings (Loss) per Common Share

The following table sets forth the information needed to compute basic and diluted earnings (loss) per share for the three months ended March 31, 2023 and 2022:

	March 31, 2023		March 31, 2022
Basic Earnings (Loss) per common share:
Net Income (Loss) available to common shareholders	$	4,892	$	(2,298	)
Weighted average number of common shares-basic		45,104,515		36,542,944
Earnings (Loss) per share, basic	$	0.11	$	(0.06	)
Diluted Earnings (Loss) per common share:
Net Income (Loss) available to common shareholders	$	4,892	$	(2,298	)
Weighted average number of common shares-basic		45,104,515		36,542,944
Dilutive effect related to stock options and warrants		3,351,481		-
Weighted average diluted shares outstanding		48,455,996		36,542,944
Earnings (Loss) per share, diluted	$	0.10	$	(0.06	)

The following table sets forth the number of potential shares of common stock that have been excluded from diluted net income per share net income (loss) per share because their effect was anti-dilutive:

	March 31, 2023		March 31, 2022
Warrants		10,923,915		-
Restricted stock units		111,015		-
Options		-		3,631,002
Weighted average number of common shares-basic		11,034,930		3,631,002