Net Income (Loss) Per Share Attributable to Common Stockholders |
Note 14. Net Income (Loss) Per Share Attributable to Common Stockholders The following table presents the calculation of basic and diluted net loss per share for the Company’s common stock as of: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | | | | 2025 | | 2024 | | 2025 | | 2024 | | | | | | (in thousands except per share amounts) | | | | | | | | | | | | | Numerator: | | | | | | | | | | | | Net income (loss) from continuing operations | $ | 5,761 | | | $ | (2,552) | | | $ | 6,695 | | | (18,562) | | | | | | Income (loss) from discontinued operations, net of income tax | 2,392 | | | (824) | | | (6,255) | | | (1,138) | | | | | | Net income (loss) attributable to common stockholders. | $ | 8,153 | | | $ | (3,376) | | | $ | 440 | | | $ | (19,700) | | | | | | | | | | | | | | | | | | Denominator: | | | | | | | | | | | | Weighted-average shares of common stock outstanding, basic | 182,600 | | | 185,183 | | | 183,032 | | | 185,908 | | | | | | Weighted-average shares of common stock outstanding, diluted | 184,241 | | | 185,183 | | | 184,838 | | | 185,908 | | | | | | | | | | | | | | | | | | Net income (loss) per share attributable to common stockholders, basic: | | | | | | | | | | | | Continuing operations | $ | 0.03 | | | $ | (0.02) | | | $ | 0.04 | | | $ | (0.10) | | | | | | Discontinued operations | 0.01 | | | — | | | (0.04) | | | (0.01) | | | | | | Net income (loss) per share | $ | 0.04 | | | $ | (0.02) | | | $ | — | | | $ | (0.11) | | | | | | | | | | | | | | | | | | Net income (loss) per share attributable to common stockholders, diluted: | | | | | | | | | | | | Continuing operations | $ | 0.03 | | | $ | (0.02) | | | $ | 0.04 | | | $ | (0.10) | | | | | | Discontinued operations | 0.01 | | | — | | | (0.04) | | | (0.01) | | | | | | Net income (loss) per share | $ | 0.04 | | | $ | (0.02) | | | $ | — | | | $ | (0.11) | | | | | |
The following table illustrates the reconciliation of the denominators of the basic and diluted EPS computations for income (loss) from continuing operations and loss from discontinued operations, net of income tax. | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | | (in thousands) | Weighted-average shares of common stock outstanding, basic | 182,600 | | | 185,183 | | | 183,032 | | | 185,908 | | Shares of common stock subject to outstanding RSUs | 568 | | | — | | | 624 | | | — | | Shares of common stock subject to outstanding options | 942 | | | — | | | 1,011 | | | — | | Shares of common stock pursuant to ESPP | 131 | | | — | | | 171 | | | — | | Weighted-average shares of common stock outstanding, diluted | 184,241 | | | 185,183 | | | 184,838 | | | 185,908 | |
The following outstanding potentially dilutive common stock equivalents have been excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented due to their anti-dilutive effect as of: | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | | (in thousands) | Outstanding stock options and unvested RSUs | 18,062 | | | 17,645 | | | 17,936 | | | 17,645 | | Shares of common stock pursuant to ESPP | 68 | | | 214 | | | 33 | | | 218 | | Total anti-dilutive outstanding potential common stock | 18,130 | | | 17,859 | | | 17,969 | | | 17,863 | |
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