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Net Loss Per Share
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share NET INCOME (LOSS) PER SHARE
Basic and diluted net income (loss) per share have been computed by dividing the net income (loss) by the weighted-average number of common shares outstanding during the period.
For the year ended December 31, 2024, common share equivalents have been included in the calculation of diluted net income per share.
For the years ended December 31, 2023 and 2022, all common share equivalents have been excluded from the calculation of diluted net loss per share, as their effect would be antidilutive.
The following tables set forth the computation of the Company’s basic and diluted net income (loss) per share (in thousands, except shares and per share data):
 Year Ended December 31,
 202420232022
Numerator:   
Net income (loss) used to compute basic net income (loss) per share
$52,549 $(190,284)$(76,613)
Net income (loss) used to compute diluted net income (loss) per share
$52,549 $(190,284)$(76,613)
Denominator:
Weighted-average shares used to compute basic net income (loss) per share
52,773,247 53,764,705 53,321,625 
Weighted-average shares used to compute diluted net income (loss) per share
56,620,590 53,764,705 53,321,625 
Net income (loss) per share:
Basic$1.00 $(3.54)$(1.44)
Diluted$0.93 $(3.54)$(1.44)
The following potentially dilutive securities have been excluded from diluted net income (loss) per share because their effect would be antidilutive:
Year Ended December 31,
202420232022
Shares of common stock subject to outstanding options
2,496,063 3,055,208 2,921,925 
Shares of common stock subject to outstanding common stock warrants
— — 3,132 
Restricted stock units543,479 5,001,370 3,092,467 
Total common stock equivalents3,039,542 8,056,578 6,017,524