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Net (Loss) Income per Share Attributable to Common and Limited Common Stockholders
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net (Loss) Income per Share Attributable to Common and Limited Common Stockholders Net (Loss) Income per Share Attributable to Common and Limited Common Stockholders
The following table presents the calculation of basic and diluted net (loss) income per share attributable to common and limited common stockholders for the years presented (in thousands, except for share and per share data):
Year Ended December 31,
202420232022
Numerator:
Net (loss) income attributable to common and limited common stockholders$(187,123)$40,720 $(149,186)
Denominator:
Weighted average shares used to compute net (loss) income per share of common and limited common stockholders, basic:72,670,29571,776,30171,173,419
Effect of the exercise of common stock options and vested RSUs on weighted average common and limited common shares—3,210,515—
Weighted average shares used to compute net (loss) income per share of common and limited common stockholders, diluted:72,670,29574,986,81671,173,419
Net (loss) income per share attributable to common and limited common stockholders, basic:$(2.57)$0.57 $(2.10)
Net (loss) income per share of common and limited common stockholders, diluted:$(2.57)$0.54 $(2.10)
Since the Company was in a loss position for the years ended December 31, 2024 and 2022, basic net loss per share is the same as diluted net loss per share as the inclusion of all potential common shares and limited common shares outstanding would have been anti-dilutive.
For the year ended December 31, 2023, in order to calculate diluted net income per share, the weighted average shares used to compute net income is adjusted by the effect of dilutive securities, including awards under the Plans. Diluted net income per share is computed by dividing the resulting net income by the weighted average number of fully diluted common and limited shares outstanding.
Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:
Year Ended December 31,
202420232022
Shares subject to outstanding common stock options and unvested RSUs13,603,7016,351,99611,013,177