Basic net income (loss) per share is computed by dividing net income (loss) by the number of shares of common stock outstanding for the period. Diluted net income per share is computed by giving effect to all potential weighted average dilutive common stock, including options and restricted stock units. The dilutive effect of outstanding awards is reflected in diluted net income per share by application of the treasury stock method.


	Three months ended June 30,					Six months ended June 30,
(in thousands)	2026		2025			2026		2025
Numerator:
Net income / (loss)	$	1,102	$	(8,382	)	$	4,831	$	(8,735	)
Denominator:
Weighted average shares outstanding		82,627		80,122			82,337		79,482
Effect of dilutive shares(1)
Stock options		33		0			59		0
Restricted stock units		130		0			131		0
Performance-based restricted stock units		0		0			37		0
Weighted average shares outstanding for diluted net income per share		82,790		80,122			82,564		79,482

(1) Due to the Company reporting net loss for the three and six months ended June 30, 2025, there are no common shares added to calculate diluted EPS because the effect would be anti-dilutive.

The following potentially dilutive securities outstanding have been excluded from the computation of weighted-average shares outstanding for diluted net income per share because the effect would be anti-dilutive:


	As of June 30,
(in thousands)	2026		2025
Stock options outstanding		2,069		3,699
Restricted stock units		3,398		5,885
Performance-based restricted stock units		1,458		879
Convertible notes		9,431		9,431
Total potentially dilutive securities		16,356		19,894