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EARNINGS PER SHARE | 6 Months Ended
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Jun. 30, 2021
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE Basic and diluted net loss per share attributable to common stockholders is presented in conformity with the two-class method required for participating securities. The Company considers all series of the convertible preferred stock to be participating securities. Under the two-class method, the net loss attributable to common stockholders is not allocated to the convertible preferred stock as the holders of the convertible preferred stock do not have a contractual obligation to share in the Company’s losses. Basic net loss per share attributable to common stockholders is computed by dividing the net loss by the weighted-average number of shares of common stock outstanding during the period, less shares subject to repurchase. The diluted net loss per share attributable to common stockholders is computed by giving effect to all potential dilutive common stock equivalents outstanding for the period. The Company uses the more dilutive method of calculating the diluted income per share by applying the more dilutive of either (a) the treasury stock method, if-converted method, or (b) the two-class method in its diluted income (loss) per common share calculation. Potentially dilutive shares are determined by applying the treasury stock method to the assumed exercise of outstanding stock options and the assumed vesting of restricted stock. Potentially dilutive shares issuable upon conversion of the Convertible preferred stock are calculated using the if-converted method.
| Three Months Ended June 30, |  | Six Months Ended June 30,
(In thousands, except per share data) | 2021 |  | 2020 |  | 2021 |  | 2020
Numerator: |  |  |  |  |  |  |
Net (loss) income | $ | (176) |  |  | $ | 40 |  |  | $ | (13,648) |  |  | $ | (2,193) |
Less: allocation to preferred stockholders | — |  |  | (24) |  |  | — |  |  | — |
Net (loss) income allocated to common stockholders | $ | (176) |  |  | $ | 16 |  |  | $ | (13,648) |  |  | $ | (2,193) |
Denominator: |  |  |  |  |  |  |
Denominator for basic net income per common share - weighted-average shares | 13,172 |  |  | 12,439 |  |  | 13,045 |  |  | 12,441 |
Effect of dilutive securities |  |  |  |  |  |  |
Convertible preferred stock | — |  |  | — |  |  | — |  |  | — |
Stock options | — |  |  | 3,764 |  |  | — |  |  | — |
Denominator for dilutive net income per common share - weighted-average shares | 13,172 |  |  | 16,203 |  |  | 13,045 |  |  | 12,441 |
Basic loss per common share | $ | (0.01) |  |  | $ | — |  |  | $ | (1.05) |  |  | $ | (0.18) |
Diluted loss per common share | $ | (0.01) |  |  | $ | — |  |  | $ | (1.05) |  |  | $ | (0.18) |
Since the Company was in a net loss position for the three and six months ended June 30, 2021 and the six months ended June 30, 2020, there is no difference between the number of shares used to calculate basic and diluted loss per share. The potential shares of common stock that were excluded from the computation of diluted net loss per share attributable to common stockholders for the period presented because including them would have been antidilutive are as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Convertible preferred stock | 19,074 |  |  | — |  |  | 19,074 |  |  | 18,488 |
Stock options | 4,431 |  |  | — |  |  | 4,431 |  |  | 3,764 |
Total | 23,505 |  |  | — |  |  | 23,505 |  |  | 22,252 |
Dilutive shares under the as-converted method(1) | — |  |  | 18,488 |  |  | — |  |  | — |
________________ (1) The dilutive shares under the as-converted method assume conversion of the Convertible preferred stock and are presented here merely for reference. In a net income position, diluted earnings per share is determined by the more dilutive of the two-class method or the as-converted method.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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