Net Income (Loss) per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Summary of Basic and Diluted Net Income (Loss) Per Share of Common Stock

The following table summarizes the computation of basic and diluted net income (loss) per share of our common stock for the three months March 31, 2024 and 2023:

	Three Months Ended March 31,
	2024		2023
	(in thousands, except share and per share data)
Numerator:
Net income (loss)	$	2,258	$	(25,915)
Denominator:
Weighted-average common shares outstanding, basic	61,907,808		59,888,119
Weighted-average common shares outstanding, diluted	74,021,704		59,888,119
Net income (loss) per share, basic	$	0.04	$	(0.43)
Net income (loss) per share, diluted	$	0.03	$	(0.43)

Summary of Anti-Dilutive Securities Excluded from Computation Diluted Weighted Average Shares Outstanding

The following potentially dilutive securities outstanding have been excluded from the computation of diluted weighted-average shares outstanding for the respective periods below because they would have been anti-dilutive:

	Three Months Ended March 31,
	2024	2023
Options to purchase common stock	604,786	915,314
Unvested restricted stock units	3,984,134	4,246,259
Common stock issued in conjunction to acquisitions	36,923	148,473
Shares to be issued under ESPP	15,902	31,793
Convertible senior notes	11,183,611	9,572,955
Total	15,825,356	14,914,794