Net Income (Loss) per Share Attributable to Common Stockholders (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Anti-dilutive Security not Included in Diluted per Share Calculations

Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:

	Nine Months Ended September 30,
	2023		2022
Catalyst Convertible Preferred Stock (1)		123,400,000		—
Options to purchase common stock		8,246,945		7,034,805
Total		131,646,945		7,034,805

(1)Shown as common stock equivalents

Basic and Diluted Net Income (Loss) Per Share Attributable to Common Stockholders

The following is a reconciliation of the numerator (net income or loss) and denominator (number of shares) used in the calculation of basic and diluted net income (loss) per share attributable to common stockholders (in thousands, except share and per share data):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2023			2022			2023			2022
Numerator
Net income (loss)	$	(1,576	)	$	(4,884	)	$	(3,788	)	$	32,212
Denominator
Weighted-average number of shares used in    computing net income (loss) per share available to    common stockholders, basic		37,976,764			31,484,542			37,845,900			31,472,666
Effect of dilutive stock options		—			—			—			133,168
Weighted-average number of shares used in    computing net income (loss) per share available to    common stockholders, diluted		37,976,764			31,484,542			37,845,900			31,605,834
Net income (loss) per share available for common    stockholders, basic	$	(0.04	)	$	(0.16	)	$	(0.10	)	$	1.02
Net income (loss) per share available for common    stockholders, dilutive	$	(0.04	)	$	(0.16	)	$	(0.10	)	$	1.02