v3.25.2
Net Income per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Loss Per Share of Common Stock
The following table summarizes the computation of basic and diluted net income per share of our common stock for the three months ended June 30, 2025 and 2024:
 Three Months Ended June 30,Six Months Ended June 30,
 2025202420252024
 (in thousands, except share and per share data)
Numerator:
Net income used to calculate net income, basic$8,338 $6,538 $10,443 $7,944 
Denominator:
Weighted-average common shares outstanding, basic64,441,000 62,496,289 64,140,087 62,201,182 
Weighted-average effect of dilutive shares:
   Dilutive effect of equity incentive plans255,992 570,460 322,231 750,328 
   Dilutive effect of convertible senior notes— 11,183,611 — 11,183,611 
Weighted-average common shares outstanding, diluted64,696,992 74,250,360 64,462,318 74,135,121 
Net income per share, basic$0.13 $0.10 $0.16 $0.13 
Net income per share, diluted$0.13 $0.09 $0.16 $0.11 
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 June 30,
Six Months Ended June 30,
 2025202420252024
Options to purchase common stock— 595,498 — 595,498 
Unvested restricted stock units— 3,644,982 — 3,644,982 
Common stock issued in conjunction to acquisitions342,962 36,923 338,527 36,923 
Shares to be issued under ESPP129,195 85,855 129,195 85,855 
Convertible senior notes10,429,891 11,183,611 10,429,891 11,183,611 
Total10,902,048 15,546,869 10,897,613 15,546,869