v3.26.1
Net (Loss) Income Per Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net (Loss) Income Per Share

10. Net (Loss) Income Per Share

 

The following table sets forth the computation of the basic and diluted net (loss) income per share attributable to common stockholders for the three and six months ended June 30, 2026 and 2025:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(In thousands, except share and per share data)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 



 

 



 

 



 

 



 

Net (loss) income

 

$

(12,326

)

 

$

(7,487

)

 

$

(24,934

)

 

$

15,272

 

Denominator:

 



 

 



 

 



 

 



 

Weighted average shares outstanding, basic

 

 

45,986,936

 

 

 

37,746,302

 

 

 

45,531,239

 

 

 

36,231,623

 

Dilutive effect of potential common shares

 

 

 

 

 

 

 

 

 

 

 

3,335,399

 

Weighted average shares outstanding, diluted

 

 

45,986,936

 

 

 

37,746,302

 

 

 

45,531,239

 

 

 

39,567,022

 

Basic net (loss) income per share

 

$

(0.27

)

 

$

(0.20

)

 

$

(0.55

)

 

$

0.42

 

Diluted net (loss) income per share

 

$

(0.27

)

 

$

(0.20

)

 

$

(0.55

)

 

$

0.39

 

Anti-dilutive securities, excluded

 

 

16,026,027

 

 

 

12,626,958

 

 

 

16,026,027

 

 

 

8,245,129

 

 

Potentially dilutive shares, which are based on the weighted-average shares of common stock, stock options, unvested stock units, unvested stock awards, purchase rights granted under the employee stock purchase plan and warrants using the treasury stock method are included when calculating diluted net (loss) income per share attributable to the Company when their effect is dilutive. Because the Company incurred a net loss for the three months ended June 30, 2026 and 2025 and the six months ended June 30, 2026, none of the potentially dilutive common shares were included in the diluted share calculation for that period as they would have been anti-dilutive.