Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.21.1
Earnings Per Share
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
12. EARNINGS PER SHARE

The following table sets forth the composition of the weighted average shares (denominator) used in the basic and dilutive earnings per share computation for the three months ended March 31, 2021 and 2020.


    Three months ended  
    March 31,
2021
    March 31,
2020
 
Net income (loss)   $ 6,147     $ (2,094 )
Weighted average shares outstanding, basic     58,394       37,823  
Effect of dilutive outstanding warrants and stock options     1,923       -  
Adjusted weighted average shares outstanding, dilutive     60,317       37,823  
Basic income per shares   $ .11     $ (.06 )
Dilutive income per share   $ .10     $ (.06 )