Net Income (Loss) per Share (Tables)

9 Months Ended

Sep. 30, 2024

Net Income (Loss) per Share

Schedule of computation of the basic and diluted net income (loss) per share attributable to common stockholders

The following table reconciles the numerator and denominator used to calculate diluted net income (loss) per share of common stock (in thousands, except share and per share data):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023
Numerator:
Net income (loss)	$	(33,210)	$	(34,105)	$	143,514	$	(106,290)
Denominator:
Weighted-average shares of common stock, basic		61,767,934		59,182,899		61,311,310		55,542,543
Dilutive effect of common stock equivalents		—		—		3,300,631		—
Weighted-average shares of common stock, dilutive		61,767,934		59,182,899		64,611,941		55,542,543
Net income (loss) per share of common stock
Basic net income (loss) per share of common stock	$	(0.54)	$	(0.58)	$	2.34	$	(1.91)
Diluted net income (loss) per share of common stock	$	(0.54)	$	(0.58)	$	2.22	$	(1.91)