Net Income per Share ("EPS") Attributable to Common Stockholders (Tables)

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Basic and Diluted EPS Attributable to Common Stockholders

The following table sets forth the computation of EPS attributable to common stockholders, basic and diluted (in thousands, except share and per share data):

	Three Months Ended March 31,
	2025		2024
Numerator:
Net income	$	3,734	$	9,935
Less: Allocation of undistributed earnings to noncontrolling interest		1,036		2,403
Net income attributable to common stockholders - basic	$	2,698	$	7,532
Less: Change in fair value of warrant liability		2,255		4,288
Net income attributable to common stockholders - diluted	$	443	$	3,244
Denominator:
Basic common shares outstanding:
Weighted average common shares outstanding		86,420,530		83,265,879
Weighted average shares used in calculating net income per share attributable to common stockholders, basic		86,420,530		83,265,879
Dilutive potential common shares:
Weighted average of common stock options		15,372,925		16,889,266
Weighted average of Convertible Preferred Stock (as converted)		—		2,119,575
Weighted average of Preferred Stock Warrants (as converted)		177,217		319,477
Weighted average shares used in calculating net income per share attributable to common stockholders, diluted		101,970,672		102,594,197
Net income per share attributable to common stockholders:
Basic	$	0.03	$	0.09
Diluted	$	0.00	$	0.03

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:

	Three Months Ended March 31,
	2025		2024
Options to purchase common stock		1,154,866		128,027
Total		1,154,866		128,027