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EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The Company calculates basic net income (loss) per share by dividing net income (loss) for each respective period by the weighted-average number of common shares outstanding for each respective period. The Company computes diluted net income (loss) per share after giving consideration to the dilutive effect of unvested RSUs, stock options, unsettled ESPP contributions, and warrants that are outstanding during the period, except where such securities would be anti-dilutive.
The computations of basic and diluted net loss per share attributable to common stockholders are as follows:
Three months ended June 30,Six months ended June 30,
2025202420252024
(Loss) income from operations (in thousands)$(23,520)$32,749 $(44,085)$41,337 
Net (loss) income (in thousands)$(23,520)$32,749 $(44,085)$41,337 
Basic weighted-average common shares11,046,4016,966,68010,174,1936,013,829
Dilutive impact of share-based awards44,95053,791
Diluted weighted-average common shares (1)11,046,4017,011,63010,174,1936,067,620
Basic net (loss) income per share:
Basic (loss) income from operations(2.13)4.70 (4.33)6.87 
Basic net (loss) income per share(2.13)4.70 (4.33)6.87 
Diluted net (loss) income per share:
Diluted (loss) income from operations(2.13)4.67 (4.33)6.81 
Diluted net (loss) income per share(2.13)4.67 (4.33)6.81 
(1)For the three and six months ended June 30, 2025 all outstanding total common stock equivalents were excluded from the diluted calculation as their inclusion would have been anti-dilutive. 3,015,654 and 3,010,321 total common stock equivalents were excluded from the diluted weighted-average common shares calculation for the three and six months ended June 30, 2024, respectively, as their inclusion would have been anti-dilutive.