Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2024

Schedule of Basic and Diluted Net Income Per Share of Common Stock

The following table presents the calculation of basic and diluted net income (loss) per share of common stock for the three months ended March 31, 2024 and 2023:


	Three Months Ended
(in thousands, except for share and per share amounts)	March 31, 2024		March 31, 2023
Numerator:
Net income (loss)	$	(4,146)	$	3,252
Denominator:
Weighted average shares outstanding, basic	57,760,940		57,011,396
Effect of dilutive securities	—		388,756
Weighted average shares outstanding, diluted	57,760,940		57,400,152
Net income (loss) per share, basic and diluted:
Basic	$	(0.07)	$	0.06
Diluted	$	(0.07)	$	0.06
Antidilutive securities excluded from calculations of diluted net income (loss) per share	7,029,644		6,133,050