v3.24.3

EARNINGS (LOSS) PER SHARE (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of computation of basic and diluted net earnings (loss) per share |
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Basic EPS: |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) |  | $ | (1,205,321 | ) |  | $ | (61,176 | ) |  | $ | (1,493,450 | ) |  | $ | 196,712 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Shares used in computing net earnings (loss) per share of common stock, basic |  |  | 57,029,983 |  |  |  | 56,671,504 |  |  |  | 56,952,656 |  |  |  | 56,435,880 |
Diluted EPS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) attributable to common stock, basic |  | $ | (1,205,321 | ) |  | $ | (61,176 | ) |  | $ | (1,493,450 | ) |  | $ | 196,712 |
Notes 2025 |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,608 |
Net income (loss) attributable to common stock, diluted |  | $ | (1,205,321 | ) |  | $ | (61,176 | ) |  | $ | (1,493,450 | ) |  | $ | 198,320 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Shares used in computing net earnings (loss) per share of common stock, basic |  |  | 57,029,983 |  |  |  | 56,671,504 |  |  |  | 56,952,656 |  |  |  | 56,435,880 |
Notes 2025 |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 2,276,818 |
Effect of stock-based awards |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 584,725 |
Shares used in computing net earnings (loss) per share of common stock, diluted |  |  | 57,029,983 |  |  |  | 56,671,504 |  |  |  | 56,952,656 |  |  |  | 59,297,423 |
Earnings (loss) per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | (21.13 | ) |  | $ | (1.08 | ) |  | $ | (26.22 | ) |  | $ | 3.49 |
Diluted |  | $ | (21.13 | ) |  | $ | (1.08 | ) |  | $ | (26.22 | ) |  | $ | 3.34 |
Schedule of outstanding shares of common stock equivalents were excluded from the calculation due to their antidilutive nature |
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Stock-based awards |  |  | 2,552,867 |  |  |  | 1,072,938 |  |  |  | 2,055,632 |  |  |  | - |
Notes 2025 |  |  | - |  |  |  | 2,276,818 |  |  |  | 1,510,363 |  |  |  | - |
Notes 20291 |  |  | 984,342 |  |  |  | - |  |  |  | 392,152 |  |  |  | - |
Total shares excluded |  |  | 3,537,209 |  |  |  | 3,349,756 |  |  |  | 3,958,147 |  |  |  | - |
1 In conjunction with the issuance of the Notes 2029 in June 2024, the Company used approximately $25,230 of the net proceeds from this offering to pay the cost of the capped call transactions. In July 2024, following an additional issuance of the Notes 2029, $3,111 of net proceeds were used to pay the cost of capped call transactions. In accordance with FASB ASC 260, antidilutive contracts, such as purchased call options are excluded from the computation of diluted net income (loss) per share. Accordingly, any potential impact resulting from capped call transaction is excluded from our computation of diluted net income (loss) per share.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration