Earnings (Loss) per Share (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Basic and Diluted Earnings (Loss) Per Share

Basic and diluted earnings (loss) per share are calculated as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands, except share and per share data)	2023		2022		2023		2022
Net loss	$	(21,138)	$	(105,827)	$	(138,127)	$	(69,321)


Net income (loss) attributable to common stockholders	$	(21,138)	$	(105,827)	$	(138,127)	$	(69,321)

Basic weighted-average common shares outstanding	38,283,071		33,010,107		36,333,570		32,688,988
Weighted average effect of dilutive securities:



Diluted weighted-average common shares outstanding	38,283,071		33,010,107		36,333,570		32,688,988

Earnings (loss) per share:
Basic	$	(0.55)	$	(3.21)	$	(3.80)	$	(2.12)
Diluted	$	(0.55)	$	(3.21)	$	(3.80)	$	(2.12)

Schedule of Antidilutive Securities Excluded from Calculation of Diluted Weighted-Average Common Shares Outstanding

The following common share equivalent securities have been excluded from the calculation of diluted weighted-average common shares outstanding because the effect is anti-dilutive for the periods presented:


	Three Months Ended September 30,		Nine Months Ended September 30,
	2023	2022	2023	2022
Stock options	2,832,953	3,456,494	3,052,422	3,596,792
Restricted stock units	3,438,484	4,696,244	3,707,561	4,285,771


Total anti-dilutive common share equivalents	6,271,437	8,152,738	6,759,983	7,882,563