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Net Income (Loss) per Share (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Loss per Share Attributable to Common Stockholders

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

 

Summary of Shares Excluded From the Computation of Diluted Net Loss Per Share Attributable to Common Stockholders

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