The following is a reconciliation of the weighted average number of common shares outstanding used in calculating basic and diluted net income (loss) per share (in thousands, except per share data):


	Year Ended March 31,
	2026		2025		2024
Net income (loss)	$	1,648	$	(27,212)	$	(67,592)
Weighted average common shares outstanding - basic	137,669		129,767		121,106
Weighted average common shares outstanding - diluted	142,629		129,767		121,106

Net income (loss) per share - basic	$	0.01	$	(0.21)	$	(0.56)
Net income (loss) per share - diluted	$	0.01	$	(0.21)	$	(0.56)

For the fiscal periods where the Company is in a loss position, basic and diluted net loss per share are the same, as the inclusion of all potential shares of potential dilutive shares would have had an anti-dilutive effect. The following potentially weighted-average common shares were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive (shares in thousands):


	Year Ended March 31,
	2026	2025	2024
Stock options	50	276	497
Restricted stock units and Performance stock units	2,108	2,418	7,396
Potential shares attributable to the ESPP	1,652	2,944	1,446
Warrants to purchase common stock	3,100	3,100	3,100
Total anti-dilutive shares	6,910	8,738	12,439