Earnings (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of basic and diluted

The calculation of the basic and diluted earnings (loss) per share for the three and six months ended June 30, 2023 and 2022 is as follows (in thousands):

	Three months ended June 30,				Six months ended June 30,
	2023		2022		2023		2022
Numerator:
Net income (loss) for basic earnings per share	$	(21)	$	6,240	$	21,322	$	(4,484)
Adjustments to net income available to shareholders
Paid-in-Kind interest expense on convertible notes payable and Contract Consideration Convertible Notes Payable	712		1,028		2,284		1,402
Valuation (gain)/loss on Contract Consideration Convertible Notes Payable carried at FV	(3,874)		(13,229)		(29,969)		(10,228)
Adjusted net loss for diluted earnings per share	$	(3,183)	$	(5,961)	$	(6,363)	$	(13,310)
Denominator:
Basic weighted average shares outstanding	143,433		74,861		121,244		73,476
Average number of diluted shares for convertible notes payable and Contract Consideration Convertible Notes Payable	26,067		49,474		42,921		33,610
Diluted weighted average shares outstanding	169,500		124,335		164,165		$	107,086
Basic earnings (loss) per share	—		0.08		0.18		(0.06)
Diluted loss per share	(0.02)		(0.05)		(0.04)		(0.12)
Anti-dilutive incremental shares excluded from denominator for diluted earnings computation
Average number of diluted shares for June 2022 stock warrants	6,496		976		8,038		491
Average number of diluted shares for options and restricted stock	545		692		718		662