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 September 30,						Nine months ended September 30,
(in thousands)	2026			2025			2026		2025
Numerator:
Net income / (loss)	$	(3,214	)	$	(2,243	)	$	1,617	$	(10,978	)
Denominator:
Weighted average shares outstanding		82,954			80,756			82,545		79,911
Effect of dilutive shares(1)
Stock options		0			0			48		0
Restricted stock units		0			0			174		0
Performance-based restricted stock units		0			0			24		0
Weighted average shares outstanding for diluted net income / (loss) per share		82,954			80,756			82,791		79,911

(1) Due to the Company reporting net loss for the three months ended September 30, 2026 and the three and nine months ended September 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 (loss) per share because the effect would be anti-dilutive:


	Three months ended September 30,				Nine months ended September 30,
(in thousands)	2026		2025		2026		2025
Stock options outstanding		2,114		3,141		2,017		3,141
Restricted stock units		5,371		6,147		2,645		6,147
Performance-based restricted stock units		1,458		811		1,458		811
Convertible notes		9,431		9,431		9,431		9,431
Total potentially dilutive securities		18,374		19,530		15,551		19,530