| Schedule of Computation of Basic and Diluted Loss Per Common Share |
The following table illustrates the computation of basic and diluted earnings (loss) per common share for the three and six months ended June 30, 2022 and 2021:
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(In thousands of U.S. dollars, except share data) |
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Basic earnings (loss) per share |
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| Net income (loss) |
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$ |
(3,340 |
) |
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$ |
(198 |
) |
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$ |
6,188 |
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$ |
(7,671 |
) |
| Basic weighted average common stock outstanding |
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44,897,278 |
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46,322,027 |
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45,248,293 |
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43,324,088 |
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| Basic earnings (loss) per common share |
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$ |
(0.07 |
) |
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$ |
(0.00 |
) |
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$ |
0.14 |
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$ |
(0.18 |
) |
Diluted earnings (loss) per share |
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| Net income (loss) |
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$ |
(3,340 |
) |
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$ |
(198 |
) |
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$ |
6,188 |
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$ |
(7,671 |
) |
| Basic weighted average common stock outstanding |
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44,897,278 |
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46,322,027 |
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45,248,293 |
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43,324,088 |
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| Net effect of dilutive equity awards |
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— |
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— |
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1,081,266 |
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— |
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| Diluted weighted average common stock outstanding |
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44,897,278 |
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46,322,027 |
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46,329,559 |
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43,324,088 |
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| Diluted earnings (loss) per share |
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$ |
(0.07 |
) |
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$ |
(0.00 |
) |
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$ |
0.13 |
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$ |
(0.18 |
) |
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| Schedule of Antidilutive Securities Excluded from the Computation of Loss Per Common Share |
The following outstanding instruments were excluded from the computation of diluted loss per share, as they have an anti-dilutive effect on the
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| Options |
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1,145,551 |
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1,470,421 |
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130,000 |
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1,470,421 |
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| Restricted Stock Units |
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1,121,574 |
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1,012,197 |
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— |
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1,012,197 |
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