Net Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income (Loss) Per Share

The computation of basic and diluted net income (loss) per share consists of the following:

	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2024		2023			2024		2023
	(In thousands, except share and per share data)
Numerator:
Net income (loss)	$	16,818	$	(15,423	)	$	14,983	$	(32,219	)
Denominator:
Weighted average shares outstanding, basic		76,336,811		69,249,281			76,049,852		69,206,249
Weighted average shares outstanding, diluted		78,981,383		69,249,281			78,749,199		69,206,249
Net income (loss) per share, basic	$	0.22	$	(0.22	)	$	0.20	$	(0.47	)
Net income (loss) per share, diluted	$	0.21	$	(0.22	)	$	0.19	$	(0.47	)

Summary of Potentially Dilutive Common Shares Excluded from Computation of Diluted Net Loss Per Share

Potentially dilutive common shares that were excluded from the computation of diluted net loss per share because they were anti-dilutive consist of the following:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2024		2023		2024		2023
Common stock options		92,049		4,910,478		156,436		4,910,478
Restricted common stock units		40,064		580,939		2,582		580,939
Restricted common stock awards		—		889,366		943		889,366
Convertible note, if converted		4,139,542		3,772,608		4,139,542		3,772,608
Total		4,271,655		10,153,391		4,299,503		10,153,391