Net (Loss) Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2024

Net (Loss) Income Per Common Share

Computation of basic net (loss) income per share

The following tables set forth the computation of basic and diluted net (loss) income per share attributable to common stockholders (in thousands, except share and per share amounts):

Basic EPS

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Numerator:
Net (loss) income	$	(2,502)	$	3,885	$	(2,704)	$	4,646
Denominator:
Weighted-average shares of common stock outstanding, basic		21,566,863		20,657,404		21,409,611		20,554,769
Net (loss) income per common share, basic	$	(0.12)	$	0.19	$	(0.13)	$	0.23

Computation of diluted net (loss) income per share

The following tables set forth the computation of basic and diluted net (loss) income per share attributable to common stockholders (in thousands, except share and per share amounts):

Diluted EPS

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Numerator:
Net (loss) income	$	(2,502)	$	3,885	$	(2,704)	$	4,646
Warrant liability fair value loss recognized		—		—		—		23
Net (loss) income attributable to common stockholders, diluted	$	(2,502)	$	3,885	$	(2,704)	$	4,669
Denominator:
Weighted-average shares of common stock outstanding, basic		21,566,863		20,657,404		21,409,611		20,554,769
Dilutive effect of stock options and RSUs		—		576,849		—		513,290
Weighted-average shares of common stock outstanding, diluted		21,566,863		21,234,253		21,409,611		21,068,059
Net (loss) income per common share, diluted	$	(0.12)	$	0.18	$	(0.13)	$	0.22