NET LOSS PER SHARE

3 Months Ended

Mar. 31, 2024

We compute net income or loss per share based on the weighted average number of common shares outstanding for the period. Diluted net income per share reflects the maximum dilution that would have resulted from incremental common shares issuable upon the exercise of stock options or vesting of RSUs and in some cases PSUs. In periods of net income, we compute the adjustment to the denominator of our dilutive net earnings per share calculation to include these stock options, RSUs, and PSUs, as applicable, using the treasury stock method. Regardless of the period resulting in net income or net loss, we exclude the adjustment to the denominator of our dilutive net loss per share calculation to the extent that they are anti-dilutive.

The following table sets forth the computation of basic and diluted net loss per common share for the periods presented below (in thousands, except per share amounts):


	Three Months Ended March 31,
	2024		2023
Basic:
Net (loss) income	$	(308)	$	339
Weighted-average shares of common stock outstanding	25,334		20,347
Basic (loss) income per share	$	(0.01)	$	0.02

Diluted:
Net (loss) income	$	(308)	$	339
Weighted-average shares of common stock outstanding	25,334		21,041
Diluted (loss) income per share	$	(0.01)	$	0.02