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Net income (loss) per share
9 Months Ended
Sep. 30, 2022
Net income (loss) per share  
Net income (loss) per share

10. Net income (loss) per share

The following table sets forth the outstanding potentially dilutive securities that have been excluded in the calculation of diluted net income (loss) per share because to include them would be anti-dilutive:

Three Months Ended September 30, 

Nine Months Ended September 30, 

    

2022

    

2021

2022

    

2021

Unvested restricted common stock awards

 

64,608

156,863

64,608

156,863

Unvested restricted common stock units

523,627

947,265

941,275

947,265

Outstanding stock options

 

5,433,867

5,406,072

6,079,071

5,406,072

Total

 

6,022,102

6,510,200

7,084,954

6,510,200

Basic net income (loss) and diluted weighted-average shares outstanding are as follows for the three and nine months ended September 30, 2022 and 2021:

Three Months Ended September 30, 

Nine Months Ended September 30, 

2022

    

2021

2022

    

2021

(in thousands, except share data)

Numerator:

Net income (loss)

$

17,624

$

(25,137)

$

(22,782)

$

(76,906)

Denominator for basic net income (loss) per share:

Weighted average shares outstanding-basic

38,507,542

37,780,547

38,292,497

37,623,309

Denominator for diluted net income (loss) per share:

Weighted average shares outstanding-basic

38,507,542

37,780,547

38,292,497

37,623,309

Common stock options and restricted stock units

1,062,852

Weighted average shares outstanding-diluted

39,570,394

37,780,547

38,292,497

37,623,309

Basic net loss per share for the nine months ended September 30, 2022 and 2021, and for the three months ended September 30, 2021, is the same as diluted net loss per share as shown on the Company’s condensed consolidated statement of operations.