Quarterly report pursuant to Section 13 or 15(d)

NET INCOME (LOSS) PER SHARE (Tables)

v3.23.3
NET INCOME (LOSS) PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Loss Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted net loss and the weighted average number of shares used in computing basic and diluted net loss per share:
Three Months Ended September 30, Nine Months Ended September 30,
2023 2022 2023 2022
Numerator:
Loss from continuing operations $ (7,271) $ (18,191) $ (14,683) (30,160)
Income (loss) from discontinued operations
 $ 2,133  $ (1,972) $ 1,869  (7,189)
Net loss - basic and diluted $ (5,138) $ (20,163) $ (12,814) $ (37,349)
Denominator:
Weighted-average common shares outstanding - basic and diluted 1,580,456  1,407,419  1,513,575  1,221,107 
Net loss per common share - basic and diluted:
Loss from continuing operations $ (4.60) $ (12.93) $ (9.70) $ (24.70)
Income (loss) from discontinued operations $ 1.35  $ (1.41) $ 1.23  $ (5.90)
Schedule of Antidilutive Securities Excluded from Computation of Loss Per Share
The Company excluded the following potential common shares, presented based on amounts outstanding as of September 30, 2023 and September 30, 2022, from the computation of diluted net loss per share attributable to common shareholders because including them would have had an anti-dilutive effect:

September 30, 2023 September 30, 2022
(a)
SAMA earnout shares 19,007  19,007 
Stock options 8,918  14,530 
Unvested restricted share units 80,779  77,128 
Total 108,704  110,665 
Common Stock Warrants (b) 17,777,361  17,840,951 


(a) Prior year numbers are adjusted for the Reverse Share Split.
(b) No change in number of warrants due to the Reverse Share Split. In connection with the Reverse Share Split, the warrants were adjusted in accordance with their terms such that each warrant entitles the holder to purchase 1/30 common share at an exercise price of $345 per share.