Net Income (Loss) Per Common Share (Tables)

6 Months Ended

Jun. 30, 2022

Net Income (Loss) Per Common Share

Computation of basic net income (loss) per share

The following tables set forth the computation of basic and diluted net income (loss) per share attributable to common stockholders (in thousands, except share and per share amounts):

Basic EPS

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Numerator:
Net income (loss)	$	1,671	$	256	$	3,606	$	(204)
Denominator:
Weighted-average shares of common stock outstanding, basic		20,069,444		19,313,162		19,983,526		19,203,374
Net income (loss) per common share, basic	$	0.08	$	0.01	$	0.18	$	(0.01)

Computation of diluted net income (loss) per share

The following tables set forth the computation of basic and diluted net income (loss) per share attributable to common stockholders (in thousands, except share and per share amounts):

Diluted EPS

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Numerator:
Net income (loss)	$	1,671	$	256	$	3,606	$	(204)
Less: warrant liability fair value gain recognized		(11)		—		(21)		—
Net income (loss) attributable to common stockholders, diluted		1,660		256	$	3,585	$	(204)
Denominator:
Weighted-average shares of common stock outstanding, basic		20,069,444		19,313,162		19,983,526		19,203,374
Dilutive effect of stock options and RSUs		354,839		412,902		643,021		—
Weighted-average shares of common stock outstanding, diluted		20,424,283		19,726,064		20,626,547		19,203,374
Net income (loss) per common share, diluted	$	0.08	$	0.01	$	0.17	$	(0.01)