Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.22.2.2
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Reconciliation of Net Income and Common Stock Share Amounts Used in the Computation of Basic and Diluted Earnings Per Share
A reconciliation of net loss and common stock share amounts used in the computation of basic and diluted earnings per share is presented below.
Three Months Ended September 30,
Nine Months Ended September 30,
2022 2021 2022 2021
Basic and dilutive loss per common share:
Net loss $ (9,245) $ (9,184) $ (11,845) $ (37,691)
Total weighted-average basic common shares outstanding 71,466,085  69,011,623  71,099,764  48,814,039 
Net loss per common share:
Basic and dilutive loss per common share $ (0.13) $ (0.13) $ (0.17) $ (0.77)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share The following table represents common stock equivalents that were excluded from the computation of diluted earnings per share for the three and nine months ended September 30, 2022 and 2021, because the effect of their inclusion would be anti-dilutive:
Three Months Ended September 30,
Nine Months Ended September 30,
2022 2021 2022 2021
Warrants to purchase shares of common stock 14,166,644  14,166,666  14,166,644  14,166,666 
Options to purchase shares of common stock 7,634,533  8,978,185  7,634,533  8,978,185 
Restricted shares of common stock
2,353,017  2,137,132  2,353,017  2,137,132 
Total potentially dilutive securities 24,154,194  25,281,983  24,154,194  25,281,983