Net (Loss) Income Per Common Share (Tables)

9 Months Ended

Sep. 30, 2024

Net (Loss) Income Per Common Share

Computation of basic and diluted net income (loss) 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 September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Numerator:
Net (loss) income	$	2,271	$	2,438	$	(433)	$	7,084
Denominator:
Weighted-average shares of common stock outstanding, basic		21,767,380		20,848,558		21,529,738		20,653,775
Net (loss) income per common share, basic	$	0.10	$	0.12	$	(0.02)	$	0.34

Diluted EPS

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Numerator:
Net (loss) income	$	2,271	$	2,438	$	(433)	$	7,084
Warrant liability fair value loss recognized		—		(48)		—		(25)
Net (loss) income attributable to common stockholders, diluted	$	2,271	$	2,390	$	(433)	$	7,059
Denominator:
Weighted-average shares of common stock outstanding, basic		21,767,380		20,848,558		21,529,738		20,653,775
Dilutive effect of stock options and RSUs		217,795		980,231		—		623,129
Weighted-average shares of common stock outstanding, diluted		21,985,175		21,828,789		21,529,738		21,276,904
Net (loss) income per common share, diluted	$	0.10	$	0.11	$	(0.02)	$	0.33