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NET INCOME (LOSS) PER SHARE
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
NET INCOME (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 three months ended September 30, 2025, common share equivalents have been included in the calculation of diluted net income per share.
For the nine months ended September 30, 2025 and the three and nine months ended September 30, 2024, 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):
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Numerator:
Net income (loss) used to compute basic and diluted net income (loss) per share
$1,675 $(10,637)$(17,246)$(35,148)
Denominator:
Weighted-average shares used to compute basic net income (loss) per share
52,507,582 52,903,338 54,016,446 52,266,106 
Effects of dilutive shares:
Stock options
240,043 — — — 
Restricted stock units and performance restricted stock units
989,165 — — — 
Weighted-average shares used to compute diluted net income (loss) per share
53,736,790 52,903,338 54,016,446 52,266,106 
Net income (loss) per share:
Basic
$0.03 $(0.20)$(0.32)$(0.67)
Diluted
$0.03 $(0.20)$(0.32)$(0.67)
The following potentially dilutive securities have been excluded from diluted net loss per share as of September 30, 2025 and 2024 because their effect would be antidilutive:
As of September 30,
20252024
Stock options outstanding
2,655,325 3,741,694 
Restricted stock units and performance restricted stock units outstanding
3,999,915 6,418,992 
Employee stock purchase plan52,471 40,899 
Total
6,707,711 10,201,585