Basic and Diluted Net Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Reconciliation of Shares Used to Compute Basic and Diluted Net Income (Loss) Per Share

The following table sets forth the reconciliation of shares used to compute basic and diluted net (loss) or income per share for the periods indicated (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Numerator:
Loss from continuing operations, net of tax	$	(1,576)	$	(1,791)	$	(5,277)	$	(2,379)
(Loss) income from discontinued operations, net of tax	—		(65)		—		5,955
Net (loss) income	(1,576)		(1,856)		(5,277)		3,576
Deemed dividend on Series A perpetual preferred stock	(479)		(479)		(958)		(958)
Net (loss) income attributable to common shareholders	$	(2,055)	$	(2,335)	$	(6,235)	$	2,618
Denominator:
Weighted average common shares outstanding	15,054		5,039		13,751		4,978
Weighted average prefunded warrants outstanding	325		—		280		—
Weighted average shares outstanding - basic and diluted	15,379		5,039		14,031		4,978
Net (loss) income per share—basic and diluted
Net loss per share, continuing operations	$	(0.10)	$	(0.36)	$	(0.38)	$	(0.48)
Net (loss) income per share, discontinued operations	$	—	$	(0.01)	$	—	$	1.20
Net (loss) income per share—basic and diluted*	$	(0.10)	$	(0.37)	$	(0.38)	$	0.72
Deemed dividend on Series A cumulative perpetual preferred stock per share	$	(0.03)	$	(0.10)	$	(0.07)	$	(0.19)
Net (loss) income per share, attributable to common shareholders—basic and diluted*	$	(0.13)	$	(0.46)	$	(0.44)	$	0.53

*Earnings per share may not add due to rounding

Schedule of Antidilutive Securities Excluded from Computation of Net Income (Loss) Per Share

The computation of diluted earnings per share excludes stock options, RSUs, and stock warrants that are anti-dilutive. The following common stock equivalents were anti-dilutive (in thousands):

	Three Months Ended June 30,		Six Months Ended June 30,
	2022	2021	2022	2021
Stock options	6	20	6	22
Restricted stock units	187	75	208	74
Stock warrants	12,567	756	11,025	810
Total	12,760	851	11,239	906