Net Income (Loss) per Share

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Net Income (Loss) per Share

Note 8. Net Income (Loss) per Share

The computation of basic net income (loss) per share is based on the weighted-average number of common stock outstanding during each period. The computation of diluted net income (loss) per share is based on the weighted-average number of shares outstanding during the period plus, when their effect is dilutive, incremental shares consisting of shares subject to stock options, restricted stock units, ESPP shares and warrants.

The following table summarizes the computation of basic and diluted net income (loss) per share (in thousands, except share and per share data):

	Three Months Ended September 30,					Nine Months Ended September 30,
	2019		2018			2019		2018
Numerator:
Net income (loss)	$	446	$	(1,441	)	$	471	$	(3,027	)
Denominator:
Weighted-average shares outstanding, basic		11,449,946		10,780,996			11,275,195		10,481,901
Dilutive effect of common stock equivalents		467,436		—			590,124		—
Weighted-average shares outstanding, diluted		11,917,382		10,780,996			11,865,319		10,481,901
Net income (loss) per share, basic	$	0.04	$	(0.13	)	$	0.04	$	(0.29	)
Net income (loss) per share, diluted	$	0.04	$	(0.13	)	$	0.04	$	(0.29	)