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Net Income (Loss) per Share (Tables)

9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

Reconciliation of Numerators and Denominators of Basic and Dilutive Net Income per Common Share Computations

A reconciliation of the numerators and the denominators of the basic and dilutive net income per common share computations are as follows (in thousands, except share and per share amounts):

		Three Months Ended September 30,								Nine Months Ended September 30,
		2025				2024				2025				2024
Numerator:
Net income		$	24,319			$	4,216			$	84,908			$	28,607
Add: Interest expense, net of tax, attributable    to assumed conversion of convertible senior    notes			2,580				—				7,234				—
Net income, diluted		$	26,899			$	4,216			$	92,142			$	28,607
Denominator:
Weighted average basic common shares   outstanding			34,112,452				33,441,394				33,917,006				33,108,253
Effect of dilutive securities:
Convertible senior notes			4,893,805				—				4,893,805				—
Options to purchase common stock			1,452,078				1,975,523				1,381,851				1,895,962
Restricted stock units			287,855				266,861				211,626				202,800
Warrants to purchase common stock			—				—				—				4,635
Restricted stock awards			997				174				545				4,270
Employee stock purchase plan			836				—				5,375				2,836
Weighted average dilutive common shares   outstanding			40,748,023				35,683,952				40,410,208				35,218,756
Net income per share:
Basic		$	0.71			$	0.13			$	2.50			$	0.86
Diluted		$	0.66			$	0.12			$	2.28			$	0.81

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The Company excluded the following potential common shares, presented based on weighted average shares outstanding, from the computation of diluted net income per share because including them would have had an anti-dilutive effect:

		Three Months Ended September 30,								Nine Months Ended September 30,
		2025				2024				2025				2024
Convertible senior notes			—				4,893,848				—				4,893,848
Options to purchase common stock			316,497				37,035				606,681				323,905
Employee stock purchase plan			—				16,310				12,531				13,584
Restricted stock units			12,964				1,002				65,387				3,949
Restricted stock awards			—				317				1,361				106
			329,461				4,948,512				685,960				5,235,392

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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