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Net Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Reconciliation of net income loss available to common stockholders

 

 

 

 

 

 

 

 

  

Three Months Ended

 

 

March 31

 

    

2020

    

2019

Basic earnings per common share:

 

 

Numerator:

  

  

 

 

 

 

Net income

  

$

4,057

 

$

2,521

Less:

 

 

 

 

 

 

Deemed dividends on convertible preferred stock

  

 

 —

 

 

(2,098)

Undistributed earnings to participating securities

 

 

 —

 

 

(392)

Net income attributable to common stockholders

  

$

4,057

 

$

31

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted-average shares used in computing basic net income per share attributable to common stockholders

  

 

84,537,538

 

 

5,156,755

Basic net income per share attributable to common stockholders

 

$

0.05

 

$

0.01

 

  

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

Numerator:

  

 

 

 

 

 

Net income attributable to common stockholders

  

$

4,057

 

$

31

Adjustments to undistributed earnings of participating securities

 

 

 

 

48

Diluted net income attributable to common stockholders

 

$

4,057

 

$

79

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted-average shares used in computing diluted net income per share attributable to common stockholder

  

 

84,537,538

 

 

5,156,755

Effect of dilutive securities

 

 

15,127,620

 

 

9,964,173

Weighted-average shares used in computing diluted net income per share attributable to common stockholders

  

 

99,665,158

 

 

15,120,928

Diluted net income per share attributable to common stockholders

 

$

0.04

 

$

0.01

 

Antidilutive securities excluded from computation of earnings per share

 

 

 

 

 

Three Months Ended

 

March 31, 

 

2020

    

2019

Redeemable convertible preferred stock

 —

 

65,428,088

Options to purchase common stock

256,679

 

9,964,173

Restricted stock units

115,741

 

 —

Warrants to purchase common stock

 —

 

96,198

Warrants to purchase convertible preferred stock

 —

 

1,050,217

Total

372,420

 

76,538,676