Net Income (Loss) per Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Components of Basic and Diluted Earnings Per Share

The following table sets forth the computation of the Company’s basic and diluted net income (loss) per share for the years ended December 31, 2023 and 2022 (in thousands, except share and per share amounts):

	Year Ended December 31,
	2023		2022
Numerator:
Net income (loss) attributable to common stockholders—basic and diluted	$	12,157	$	(105,890	)
Denominator:
Weighted-average common shares outstanding—basic		44,327,204		43,738,739
Effect of dilutive securities:
Options to purchase common shares		119,677		—
Unvested restricted stock units		95,010		—
Employee stock purchase plan		26,027		—
Weighted-average common shares outstanding—diluted		44,567,918		43,738,739
Net income (loss) per share applicable to common stockholders—basic	$	0.27	$	(2.42	)
Net income (loss) per share applicable to common stockholders—diluted	$	0.27	$	(2.42	)

Schedule of Dilutive Common Stock Equivalents Excluded from Computation of Diluted Net Loss per Share

The following potentially dilutive common stock equivalents, presented based on amounts outstanding at each period end, were excluded from the computation of diluted net income (loss) per share attributable to common stockholders for the periods indicated:

	Year Ended December 31,
	2023		2022
Options to purchase common stock		3,765,482		9,423,271
Restricted stock units		662,103		940,392
Total anti-dilutive shares		4,427,585		10,363,663