Year Ended December 31,

In thousands, except per share amounts

2021

2020

Numerator:

Net income (loss)

$

14,971

$

(1,694

)

Less: Preferred stock dividend

496

Less: Earnings attributable to participating securities

1,858

—

Numerator for basic EPS: income (loss) attributable to common stockholders

12,617

(2,190

)

Effect of dilutive securities:

Add back: Allocation of earnings to participating securities

1,858

—

Less: Re-allocation of earnings to participating securities considering potentially dilutive securities

(1,766

)

—

Numerator for diluted EPS

$

12,709

$

(2,190

)

Denominator:

Basic EPS denominator: weighted-average common shares outstanding

6,802

6,469

Diluted EPS denominator

7,209

6,469

Basic income (loss) per common share

$

1.85

$

(0.34

)

Diluted income (loss) per common share

$

1.76

$

(0.34

)