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Net Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income (Loss) per Share of Common Stock

The following table sets forth the computation of basic and diluted net income (loss) per share of common stock attributable to common stockholders:

 

 

 

Year Ended

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

 

 

(in thousands, except per-share data)

 

Net income (loss)

 

$

(17,679

)

 

$

(59,546

)

 

$

17,721

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding — Basic

 

 

17,135

 

 

 

16,450

 

 

 

15,915

 

Plus incremental shares from assumed conversions:

 

 

 

 

 

 

 

 

 

Dilutive effect of restricted stock

 

 

 

 

 

 

 

 

438

 

Dilutive effect of stock options

 

 

 

 

 

 

 

 

1,348

 

Dilutive effect of warrants

 

 

 

 

 

 

 

 

550

 

Weighted average common shares outstanding — Diluted

 

 

17,135

 

 

 

16,450

 

 

 

18,251

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

 

Basic

 

$

(1.03

)

 

$

(3.62

)

 

$

1.11

 

Diluted

 

$

(1.03

)

 

$

(3.62

)

 

$

0.97

 

Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Income per Share of Common Stock

 

 

Year Ended

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

 

(in thousands)

 

Stock options

 

 

1,374

 

 

 

1,669

 

 

 

721

 

Unvested restricted stock awards

 

 

1,404

 

 

 

1,449

 

 

 

294

 

 Total

 

 

2,778

 

 

 

3,118

 

 

 

1,015