XML 24 R14.htm IDEA: XBRL DOCUMENT v3.25.3
Net Income (Loss) Per Common Share
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Net Income (Loss) Per Common Share
8. Net Income (Loss) Per Common Share
Basic net income (loss) per common share is calculated by dividing the net income (loss) by the weighted-average number of shares of common stock outstanding for the period less shares subject to repurchase, without consideration of potentially dilutive securities. Diluted earnings per share is calculated using the treasury stock method by dividing net income (loss) by the total weighted average shares of common stock outstanding in addition to the potential impact of dilutive securities including restricted stock units, warrants, and options. In periods with a net loss, potentially dilutive securities are excluded from the Company’s calculation of earnings per share as their inclusion would have an antidilutive effect.
The following tables set forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share amounts):
Basic and diluted EPS
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Numerator:
Net income (loss)$54 $2,271 $(1,782)$(433)
Net income (loss) attributable to common stockholders, diluted$54 $2,271 $(1,782)$(433)
Denominator:
Weighted-average shares of common stock outstanding, basic22,669,87221,767,38022,456,07921,529,738
Weighted-average shares of common stock outstanding, diluted23,147,11921,985,17522,456,07921,529,738
Net income (loss) per common share, basic$0.00 $0.10 $(0.08)$(0.02)
Net income (loss) per common share, diluted$0.00 $0.10 $(0.08)$(0.02)
Potentially dilutive securities representing 0.9 million and 2.2 million stock options and RSUs that were outstanding during the three months ended September 30, 2025, and 2024, respectively, and 1.5 million and 1.9 million stock options and RSUs outstanding during the nine months ended September 30, 2025 and 2024, respectively, were excluded from the computation of diluted earnings per common share during these periods as their inclusion would have an antidilutive effect.