Basic (loss) earnings per share is computed by dividing net (loss) earnings for the period by the weighted-average number of common shares outstanding during the period. Diluted (loss) earnings per share reflects the additional dilution from potential issuances of common stock, such as stock issuable pursuant to the exercise of stock options, vesting of RSUs and PSUs or purchases under the ESPP. The treasury stock method is used to calculate the potential dilutive effect of these common stock equivalents. Contingently issuable PSU awards are included in the computation of diluted (loss) earnings per share when the applicable performance criteria would be met and the common shares would be issuable if the end of the reporting period were the end of the contingency period. However, potentially dilutive shares are excluded from the computation of diluted (loss) earnings per share when their effect is antidilutive.


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Numerator:
Net (loss) income	$	(2,060)	$	4,523	$	(16,582)	$	(21,325)

Denominator:
Weighted-average common shares outstanding, basic	30,399		28,914		30,148		28,763
Assumed exercise of stock options	—		361		—		—
Assumed vesting of RSUs	—		186		—		—
Assumed vesting of PSUs	—		84		—		—
Assumed issuance of shares under the ESPP	—		—		—		—
Weighted-average common shares outstanding, diluted	30,399		29,545		30,148		28,763

(Loss) earnings per share:
Basic	$	(0.07)	$	0.16	$	(0.55)	$	(0.74)
Diluted	$	(0.07)	$	0.15	$	(0.55)	$	(0.74)

Due to the Company reporting a net loss for the three and six months ended June 30, 2026 and the six months ended June 30, 2025, all potentially dilutive securities are antidilutive and are excluded from the computations of diluted loss per share.

The table below provides the weighted-average number of potential common shares associated with outstanding securities not included in our calculation of diluted (loss) earnings per share for the three and six months ended June 30, 2026 and 2025 because to do so would be antidilutive. In regard to the PSUs, we assume that the associated performance targets will be met at the target level of performance for purposes of calculating diluted earnings per share until such time that it is probable that actual performance will be above or below target (in thousands):


	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
Stock options	2,704	2,466	2,736	2,965
RSUs and PSUs	4,428	2,958	4,188	4,053
ESPP	244	123	250	150
Total	7,376	5,547	7,174	7,168