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Net Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Income (loss) Per Share Basic and diluted net income (loss) per share was calculated as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Basic net income (loss) per share

 

$

0.01

 

 

$

0.07

 

 

$

(0.01

)

 

$

0.08

 

Diluted net income (loss) per share

 

$

0.01

 

 

$

0.07

 

 

$

(0.01

)

 

$

0.08

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) (in thousands)

 

$

1,861

 

 

$

9,782

 

 

$

(1,047

)

 

$

11,707

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares outstanding - basic

 

 

143,863,667

 

 

 

144,112,028

 

 

 

143,727,612

 

 

 

144,982,459

 

Add stock options to purchase shares and restricted stock units

 

 

1,992,445

 

 

 

1,226,892

 

 

 

 

 

 

1,912,331

 

Weighted average number of shares outstanding - diluted

 

 

145,856,112

 

 

 

145,338,920

 

 

 

143,727,612

 

 

 

146,894,790