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Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands | Common Stock | Additional Paid-in Capital | Retained Earnings (Accumulated Deficit) | Total
--- | --- | --- | --- | ---
Balance at Dec. 31, 2022 | $ 453 | $ 116,442 | $ 57,980 | $ 174,875
Balance (in shares) at Dec. 31, 2022 | 45,287,619 |  |  |
Issuance of common stock upon exercise of stock options | $ 1 | 38 |  | 39
Issuance of common stock upon exercise of stock options (in shares) | 87,979 |  |  |
Excess tax benefits from exercise of stock options |  | (3) |  | (3)
Share - based compensation |  | 1,819 |  | 1,819
Net income |  |  | 34,720 | 34,720
Balance at Jun. 30, 2023 | $ 454 | 118,296 | 92,700 | 211,450
Balance (in shares) at Jun. 30, 2023 | 45,375,598 |  |  |
Balance at Dec. 31, 2022 | $ 453 | 116,442 | 57,980 | 174,875
Balance (in shares) at Dec. 31, 2022 | 45,287,619 |  |  |
Balance at Dec. 31, 2023 | $ 455 | 118,091 | 110,227 | 228,773
Balance (in shares) at Dec. 31, 2023 | 45,502,380 |  |  |
Balance at Mar. 31, 2023 | $ 453 | 117,535 | 73,511 | 191,499
Balance (in shares) at Mar. 31, 2023 | 45,328,892 |  |  |
Issuance of common stock upon exercise of stock options | $ 1 |  |  | 1
Issuance of common stock upon exercise of stock options (in shares) | 46,706 |  |  |
Excess tax benefits from exercise of stock options |  | (1) |  | (1)
Share - based compensation |  | 762 |  | 762
Net income |  |  | 19,189 | 19,189
Balance at Jun. 30, 2023 | $ 454 | 118,296 | 92,700 | 211,450
Balance (in shares) at Jun. 30, 2023 | 45,375,598 |  |  |
Balance at Dec. 31, 2023 | $ 455 | 118,091 | 110,227 | 228,773
Balance (in shares) at Dec. 31, 2023 | 45,502,380 |  |  |
Issuance of common stock upon exercise of stock options (in shares) | 13,766 |  |  |
Excess tax benefits from exercise of stock options |  | (3) |  | (3)
Share - based compensation |  | 751 |  | 751
Net income |  |  | 19,147 | 19,147
Balance at Jun. 30, 2024 | $ 455 | 118,839 | 129,374 | 248,668
Balance (in shares) at Jun. 30, 2024 | 45,516,146 |  |  |
Balance at Mar. 31, 2024 | $ 455 | 118,367 | 119,789 | 238,611
Balance (in shares) at Mar. 31, 2024 | 45,510,925 |  |  |
Issuance of common stock upon exercise of stock options (in shares) | 5,221 |  |  |
Share - based compensation |  | 472 |  | 472
Net income |  |  | 9,585 | 9,585
Balance at Jun. 30, 2024 | $ 455 | $ 118,839 | $ 129,374 | $ 248,668
Balance (in shares) at Jun. 30, 2024 | 45,516,146 |  |  |

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