Net Income (Loss) per Share

12 Months Ended

Dec. 31, 2024

15. Net Income (Loss) per Share

Basic and diluted net income (loss) per share attributable to common stockholders of the Company was calculated as follows (in thousands, except share and per share amounts):


	Year Ended December 31,
	2024			2023
Numerator:
Net income (loss)	$	(68,566	)	$	22,806
Denominator:
Basic weighted average common shares outstanding		54,037,917			52,703,467
Effect of dilutive securities		—			285,563
Diluted weighted-average common shares outstanding		54,037,917			52,989,030

Net income (loss) per share, basic	$	(1.27	)	$	0.43
Net income (loss) per share, diluted	$	(1.27	)	$	0.43

The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net income (loss) per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:


	Year Ended December 31,
	2024		2023
Options to purchase common stock		2,814,850		3,485,373
Unvested RSUs and PSUs		6,038,732		3,462,595
Total		8,853,582		6,947,968