Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Equity

v3.22.4
Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Common Stock
Additional Paid-in Capital
Retained Earnings
Total
Balance at beginning at Dec. 31, 2019 $ 1 $ 243,221 $ 50,764 $ 293,985
Balance at beginning (in shares) at Dec. 31, 2019 5,285,054      
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Effect of reverse merger, net of closing costs $ 4 48,330   48,334
Effect of reverse merger, net of closing costs (Shares) 35,656,859      
Share-based compensation   1,042   1,042
Share-based compensation (in shares) 104,303      
Net income     8,094 8,094
Balance at ending at Dec. 31, 2020 $ 4 292,593 58,858 351,455
Balance at ending (in shares) at Dec. 31, 2020 41,046,216      
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Share-based compensation   12,721   12,721
Share-based compensation (in shares) 30,000      
Stock Redeemed or Called During Period, Value $ (1) 1    
Stock Redeemed or Called During Period, Shares 6,079,966      
Issuance of Earn-Out shares   (694)   (694)
Issuance of Earn-Out shares (in shares) 3,709,803      
Shares issued upon exercise of warrants   9,282   9,282
Shares issued upon exercise of warrants (in shares) 807,114      
Net income     36,115 36,115
Balance at ending at Dec. 31, 2021 $ 5 313,901 94,973 408,879
Balance at ending (in shares) at Dec. 31, 2021 51,673,099      
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Share-based compensation   16,498   16,498
Shares issued under the 2020 Employee Stock Purchase Plan   538   $ 538
Shares issued under the 2020 Employee Stock Purchase Plan (in shares) 46,726     46,726
Shares issued under the 2020 Equity Incentive Plan (in shares) 921,769      
Shares surrendered for tax withholdings on equity awards   (2,592)   $ (2,592)
Purchase of treasury stock       $ (22,204)
Purchase of treasury stock (in shares)       1,500,000
Retirement of treasury stock   (22,204)   $ 22,204
Retirement of treasury stock (in shares) (1,500,000)     (1,500,000)
Shares issued upon exercise of warrants (in shares) 47,867      
Net income     43,861 $ 43,861
Balance at ending at Dec. 31, 2022 $ 5 $ 306,141 $ 138,834 $ 444,980
Balance at ending (in shares) at Dec. 31, 2022 51,189,461