Net Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2026

Summary of Earnings Per Share, Basic and Diluted

The following table summarizes the calculation of basic and diluted net income per share (in thousands, except per share data):


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Numerator:
Net income (loss) - Basic and Diluted	$	8,845	$	1,446	$	10,834	$	3,035

Denominator:
Weighted-average common shares outstanding - Basic	10,259		10,069		10,371		10,051
Effect of common share equivalents	328		367		314		353
Weighted-average common shares outstanding - Diluted	10,587		10,436		10,685		10,404

Net income (loss) per share:
Basic	$	0.86	$	0.14	$	1.04	$	0.30
Diluted	$	0.84	$	0.14	$	1.01	$	0.29

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following common share equivalents were excluded from the computation of diluted net income (loss) per share because their effect was anti-dilutive (in thousands):


	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
Restricted stock units	1	—	1	—
Stock options	—	—	—	—