XML 53 R40.htm IDEA: XBRL DOCUMENT v3.25.1
Net Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2024
Net Income (Loss) Per Share  
Schedule of Computation of Basic and Diluted Net Income (Loss) Per Share

Year Ended December 31, 

(in thousands, except share and per share data)

    

2024

    

2023

    

2022

Basic net income (loss) per share

  

 

  

 

  

Numerator:

  

 

  

 

  

Net income (loss)

$

28,507

$

(237,892)

$

(291,754)

Denominator:

 

  

 

  

 

  

Weighted-average common shares outstanding

 

114,553,537

 

94,162,637

 

77,630,020

Basic net income (loss) per share

$

0.25

$

(2.53)

$

(3.76)

Diluted net income (loss) per share

 

  

 

  

 

  

Numerator:

 

  

 

  

 

  

Net income (loss)

$

28,507

$

(237,892)

$

(291,754)

Denominator:

 

  

 

  

 

  

Denominator for basic net income (loss) per share

 

114,553,537

 

94,162,637

 

77,630,020

Add effect of potential dilutive securities:

 

 

 

Stock options, including shares subject to ESPP

 

168,392

 

 

Restricted stock units

 

108,533

 

 

Denominator for diluted net income (loss) per share

 

114,830,462

 

94,162,637

 

77,630,020

Diluted net income (loss) per share

$

0.25

$

(2.53)

$

(3.76)

Schedule of Outstanding Dilutive Potential Shares Excluded from Calculation of Diluted Net Income (Loss) Per Share

Year Ended December 31, 

2024

    

2023

    

2022

Stock options, PSOs, including shares subject to ESPP

28,535,096

 

24,083,222

 

22,214,875

Restricted stock units

895,208

 

2,266,387

 

2,399,465

Shares issuable upon conversion of 2022 Convertible Notes

1,078,632

Shares issuable upon conversion of 2026 Convertible Notes

11,942,152

11,942,152

11,942,152

Total

41,372,456

 

38,291,761

 

37,635,124