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Net Income (Loss) Per Share | 9 Months Ended
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Sep. 30, 2023
Earnings Per Share [Abstract] |
Net Income (Loss) Per Share | NET INCOME (LOSS) PER SHARE Basic net loss per share is calculated by dividing net loss by the weighted-average number of common shares outstanding during the period, less shares subject to repurchase, and excludes any dilutive effects of stock-based awards and warrants. Diluted net loss per common share is computed giving effect to all potential dilutive common shares, including common stock issuable upon exercise of stock options, and unvested restricted common stock and stock units. As we had net losses for the nine months ended September 30, 2023 and 2022, all potential common shares were determined to be anti-dilutive. The following table sets forth the computation of net loss per common share (in thousands, except per share amounts):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
Numerator: | 2023 |  | 2022 |  | 2023 |  | 2022
Net income (loss) | $ | 6,629 |  |  | $ | (22,893) |  |  | $ | (37,265) |  |  | $ | (77,902) |
Denominator: |  |  |  |  |  |  |
Weighted average common shares outstanding - basic | 222,782 |  |  | 165,105 |  |  | 214,977 |  |  | 147,320 |
Weighted average common shares outstanding - diluted | 227,894 |  |  | 165,105 |  |  | 214,977 |  |  | 147,320 |
Net income (loss) per share of common stock - basic and diluted | $ | 0.03 |  |  | $ | (0.14) |  |  | $ | (0.17) |  |  | $ | (0.53) |
For the periods presented, the total numbers of securities that could potentially dilute net income per share in the future that were not considered in the diluted net loss per share calculations because the effect would have been anti-dilutive were as follows (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Options to purchase common stock | 14,718 |  | 13,882 |  | 20,561 |  | 13,410
Restricted stock units | 268 |  | 1,542 |  | 2,982 |  | 3,145
ESPP shares issuable | 197 |  | 180 |  | 247 |  | 169
Total | 15,183 |  | 15,604 |  | 23,790 |  | 16,724

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