| Schedule of computation of the basic and diluted net income (loss) per share |
The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands, except share and per share data): | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | June 30, | | June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | Numerator: | | | | | | | | | | | | | Net income (loss) | | $ | 162,849 | | $ | (34,771) | | $ | 166,632 | | $ | (46,426) | Denominator: | | | | | | | | | | | | | Weighted-average shares of common stock, basic | | | 65,935,769 | | | 63,510,537 | | | 65,514,150 | | | 63,238,682 | Dilutive effect of common stock equivalents | | | 5,071,242 | | | — | | | 5,304,568 | | | — | Weighted-average shares of common stock, dilutive | | | 71,007,011 | | | 63,510,537 | | | 70,818,718 | | | 63,238,682 | Net income (loss) per share of common stock | | | | | | | | | | | | | Basic net income (loss) per share of common stock | | $ | 2.47 | | $ | (0.55) | | $ | 2.54 | | $ | (0.73) | Diluted net income (loss) per share of common stock | | $ | 2.29 | | $ | (0.55) | | $ | 2.35 | | $ | (0.73) |
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