v3.24.2.u1
Basic and Diluted Net Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss per Share

The following table summarizes the computation of basic and diluted net loss per share (in thousands, except share and per share data):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Net loss, basic and diluted

 

$

(19,575

)

 

$

(24,724

)

 

$

(44,984

)

 

$

(59,753

)

Weighted average shares used to compute
   basic and diluted net loss per share

 

 

36,936,867

 

 

 

35,921,539

 

 

 

36,702,118

 

 

 

35,753,112

 

Net loss per share, basic and diluted

 

$

(0.53

)

 

$

(0.69

)

 

$

(1.23

)

 

$

(1.67

)

Computation of Potentially Dilutive Securities Outstanding Excluded from Computation of Diluted Shares

The following potentially dilutive securities outstanding at the end of the periods presented have been excluded from the computation of diluted shares outstanding, as the effect would be anti-dilutive:

 

 

 

 

 

 

 

June 30,

 

 

 

2024

 

 

2023

 

Unreleased restricted stock and performance stock units

 

 

4,833,070

 

 

 

2,591,591

 

Options to purchase common stock

 

 

376,634

 

 

 

497,493

 

Convertible senior notes

 

 

362,267

 

 

 

1,807,141

 

Warrants related to the issuance of convertible senior notes

 

 

1,807,141

 

 

 

1,807,141

 

Warrants related to term debt

 

 

2,587,742

 

 

 

—

 

Total

 

 

9,966,854

 

 

 

6,703,366