Net Income (Loss) per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of basic and diluted net (income) loss per share attributable to common stockholders

The following table illustrates the determination of basic and diluted net income (loss) per share for each period presented (in thousands, except share and per share date):

	Three Months Ended March 31,
	2024		2023
Numerator:
Net income (loss)	$	23,496	$	(6,674)
Denominator:
Weighted‑average common shares outstanding, basic	33,497,072		32,374,299
Effect of dilutive securities	1,293,853		—
Weighted‑average common shares outstanding, diluted	34,790,925		32,374,299
Net income (loss) per share, basic	$	0.70	$	(0.21)
Net income (loss) per share, diluted	$	0.68	$	(0.21)

Schedule of antidilutive securities excluded from computation of net loss per share

The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net income (loss) per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:

	Three Months Ended March 31,
	2024	2023
Unvested restricted common stock	69,080	671,308
Unvested shares from early exercises	—	43,588
Stock options to purchase common stock	3,842,929	5,349,166
	3,912,009	6,064,062