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Net Income (Loss) Per Share
 9 Months Ended
Sep. 30, 2023
Net Income (Loss) Per Share  
Net Income (Loss) Per Share

Note 14. Net Income (Loss) Per Share

The following table sets forth the computation of our basic and diluted net income (loss) per share:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

Nine Months Ended

​

​

September 30,

​

September 30,

(In thousands, except share and per share data)

    

2023

    

2022

    

2023

    

2022

Net income (loss)

​

$

22,299

​

$

(2,279)

​

$

20,313

​

$

(22,487)

Weighted-average shares outstanding

​

​

23,483,269

​

​

20,139,944

​

​

22,714,574

​

​

20,021,966

Weighted-average shares used to compute diluted net loss per share

​

​

23,848,729

​

​

20,139,944

​

​

22,987,667

​

​

20,021,966

Net income (loss) per share - Basic

​

$

0.95

​

$

(0.11)

​

$

0.89

​

$

(1.12)

Net income (loss) per share - Diluted

​

$

0.94

​

$

(0.11)

​

$

0.88

​

$

(1.12)

​

The following common stock equivalents were excluded from the computation of diluted net income (loss) per share for the periods presented because including them would have been anti-dilutive:

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​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

Nine Months Ended

​

​

September 30,

​

September 30,

​

    

2023

    

2022

    

2023

    

2022

Restricted stock units

​

74,972

​

607,706

​

190,071

​

607,706

Common stock options

​

430,521

​

613,783

​

430,521

​

613,783

Performance stock units

​

—

​

164,027

​

17,392

​

164,027

Employee stock purchase plan

​

—

​

143,526

​

—

​

93,592

Total

​

505,493

​

1,529,042

​

637,984

​

1,479,108

​