Quarterly report pursuant to Section 13 or 15(d)

NET (LOSS) INCOME PER SHARE (Tables)

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NET (LOSS) INCOME PER SHARE (Tables)
6 Months Ended
Jun. 30, 2024
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted

The following table presents the calculation of basic and diluted net (loss) income per common share (in thousands, except per share amounts):

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2024

    

2023

    

2024

    

2023

Net (loss) income

$

(15,388)

$

(12,109)

$

(26,862)

$

13,896

Weighted average common shares outstanding - basic

 

146,943

 

146,452

 

146,900

 

146,435

Dilutive effect of securities

2,610

Weighted average common shares outstanding - diluted

146,943

146,452

146,900

149,045

Net (loss) income per common share:

Basic

$

(0.10)

$

(0.08)

$

(0.18)

$

0.09

Diluted

(0.10)

(0.08)

(0.18)

0.09

Shares excluded due to being anti-dilutive

1,724

2,909

1,724