XML 26 R16.htm IDEA: XBRL DOCUMENT v3.23.2
Net (loss) income per share
6 Months Ended
Jun. 30, 2023
Net (loss) income per share  
Net (loss) income per share

10. Net (loss) income per share

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

Three Months Ended June 30,

Six Months Ended June 30

    

2023

    

2022

    

2023

    

2022

Unvested restricted common stock awards

 

45,000

137,255

 

45,000

137,255

Unvested restricted common stock units

1,313,500

1,031,365

725,876

1,031,365

Outstanding stock options

 

7,334,771

6,629,600

 

6,253,497

6,629,600

Total

 

8,693,271

7,798,220

 

7,024,373

7,798,220

Basic net (loss) income and diluted weighted-average shares outstanding are as follows for the three and six months ended June 30, 2023 and 2022:

Three Months Ended June 30

Six Months Ended June 30

2023

2022

2023

2022

Numerator:

Net (loss) income (in thousands)

$

(22,208)

$

(19,087)

$

101,836

$

(40,406)

Denominator for basic net (loss) income per share:

Weighted average shares outstanding-basic

43,520,137

38,298,426

42,102,101

38,183,192

Denominator for diluted net (loss) income per share:

Weighted average shares outstanding-basic

43,520,137

38,298,426

42,102,101

38,183,192

Common stock options and restricted stock units

1,668,898

Weighted average shares outstanding-diluted

43,520,137

38,298,426

43,770,999

38,183,192