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Basic and Diluted (Loss) Income per Common Share | 3 Months Ended
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Mar. 31, 2024
Earnings Per Share [Abstract] |
Basic and Diluted (Loss) Income per Common Share | 14. Basic and Diluted (Loss) Income per Common Share Basic net (loss) income per share is computed by dividing net (loss) income by the weighted-average number of shares of common stock outstanding during the period. The Company is in a net loss position for the three months ended March 31, 2024, and therefore diluted shares equals basic shares. The components of basic and diluted (loss) income per share are as follows:
|  |  | Three months ended March 31,
|  |  |  |  | 2024 |  | 2023 |  |
|  |  |  |  | (In thousands, except share and per share amounts)
Earnings per share |  |  |  |  |  |  |  |  |
Net (loss) income attributable to common stockholders |  |  |  |  | $ | (9,233) |  |  | $ | 3,611 |  |  |
Net (loss) income per share: |  |  |  |  |  |  |  |  |
Basic |  |  |  |  | $ | (0.35) |  |  | $ | 0.14 |  |  |
Diluted |  |  |  |  | $ | (0.35) |  |  | $ | (0.28) |  |  |
Numerator used to compute net (loss) income per share: |  |  |  |  |  |  |  |  |
Basic |  |  |  |  | $ | (9,233) |  |  | $ | 3,611 |  |  |
Net gain on extinguishment of debt, net of taxes |  |  |  |  | — |  |  | (12,707) |  |  |
Interest expense on convertible notes, net of taxes |  |  |  |  | — |  |  | 1,009 |  |  |
Diluted (1) |  |  |  |  | $ | (9,233) |  |  | $ | (8,087) |  |  |
Weighted average number of common shares outstanding: |  |  |  |  |  |  |  |  |
Basic |  |  |  |  | 26,493,802 |  |  | 25,448,452 |  |  |
Convertible debt conversion |  |  |  |  | — |  |  | 3,824,806 |  |  |
Diluted |  |  |  |  | 26,493,802 |  |  | 29,273,258 |  |  |
________________________ (1) Net income is adjusted for the reversal of the net gain on extinguishment of debt and add back of interest expense as part of the calculation for diluted Non-GAAP earnings per share. The following common share equivalents were excluded from the weighted average shares used to calculate net (loss) income per common share because their effects would have been anti-dilutive:
| As of March 31,
| 2024 |  | 2023 |  |
Stock options issued and outstanding | 86,631 |  |  | 136,479 |  |  |
Restricted stock units issued and outstanding | 4,725,103 |  |  | 2,475,656 |  |  |
Convertible senior notes | 3,317,023 |  |  | 3,824,806 |  |  |
Total | 8,128,757 |  |  | 6,436,941 |  |  |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
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