Net Income (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Net (Income) Loss Per Share, Basic and Diluted

The following table presents the computation of basic and diluted net income (loss) per share (in thousands, except per share amounts):


	Three Months Ended March 31,
	2026		2025
Basic
Numerator:
Net income (loss)	$	228	$	(17,484)
Denominator:
Weighted average shares used to compute net income (loss) per share, basic	111,726		105,159

Net income (loss) per share, basic	$	—	$	(0.17)

Diluted
Numerator:
Net income (loss)	$	228	$	(17,484)
Convertible senior notes activity, net of tax	(370)		—
Net loss, diluted	$	(142)	$	(17,484)
Denominator:
Weighted average shares used to compute net income (loss) per share, basic	111,726		105,159
Shares related to convertible senior notes	404		—
Weighted average shares used to compute net income (loss) per share, diluted	112,130		105,159

Net income (loss) per share, diluted	$	—	$	(0.17)

Schedule of Antidilutive Securities Excluded from Computation of Net (Income) Loss Per Share

The following table presents potential weighted-average shares of common stock outstanding that were excluded from the computation of diluted net income (loss) per share because including them would have been anti-dilutive (in thousands):


	Three Months Ended March 31,
	2026	2025
Shares related to stock plan activity	4,429	10,091
Shares related to convertible senior notes	—	6,620
Total common stock equivalents	4,429	16,711