Earnings per share

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Earnings per share

Earnings per share

The following table sets forth the computation of basic and diluted EPS of common stock as follows:

	For the years ended December 31,
	2024		2023		2022
	(in thousands, except per share data)
Numerator for basic and diluted loss per share
Net income/(loss)	$	4,041	$	(1,765)	$	(29,214)
Denominator:
Weighted-average shares outstanding – basic	77,465		75,193		69,197
Net effect of dilutive stock options and restricted stock units	2,509		—		—
Weighted-average shares outstanding – diluted	79,974		75,193		69,197
Net income/(loss) per share
Basic	$	0.05	$	(0.02)	$	(0.42)
Diluted	$	0.05	$	(0.02)	$	(0.42)

The following potentially dilutive common shares, presented based on weighted average potential shares outstanding during each period were excluded from the calculation of diluted net loss per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:

	For the years ended December 31,
	2024	2023	2022
	(in thousands)
Stock options to purchase common stock	1,897	4,823	4,396
Restricted stock units	23	1,488	2,112
Performance stock units	1,077	912	1,338
Total	2,997	7,223	7,846