Earnings (Loss) Per Common Share (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of basic and diluted earnings (loss) per common share

The following table summarizes the Company’s earnings (loss) per share for the three months ended March 31, 2022 and 2021 (USD in thousands, except per share amounts):


	Three Months Ended
		March 31, 2022		March 31, 2021
Net earnings (loss) attributable to common stockholders		$	(28,512)	$	(6,482)
Basic weighted average common shares outstanding		497,359,747		391,125,134
Effect of dilutive securities
Convertible preferred shares- Series A		—		—
Convertible promissory notes		—		—
Diluted potential common shares		497,359,747		391,125,134
Earnings (loss) per share:
Basic		$	(0.06)	$	(0.02)
Diluted		$	(0.06)	$	(0.02)

Schedule of computation of diluted loss per share

The following table includes the number of shares that may be dilutive potential common shares in the future. The holders of these shares do not have a contractual obligation to share in the Company’s losses and thus these shares were not included in the computation of diluted loss per share because the effect was antidilutive (in thousands):


	March 31, 2022	December 31, 2021
Warrants	950	1,100
Options and RSUs	21,596	21,859
Series A Preferred Stock	933	933
Contingent shares	1,491	1,491
Convertible promissory note and interest	30,749	30,585
Total	55,719	55,968