Annual report pursuant to Section 13 and 15(d)

Net Income (Loss) per Share (Tables)

v3.22.1
Net Income (Loss) per Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Loss per Share

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

 

 

Year Ended December 31,

 


 

2021

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

Net income (loss)

$

(4,431

)

 

$

1,225

 

 

$

1,798

 

Denominator:

 

 

 

 

 

 

 

 

Weighted-average shares outstanding, basic

 

11,647,558

 

 

 

11,408,757

 

 

 

11,302,780

 

Weighted-average shares outstanding, diluted

 

11,647,558

 

 

 

11,730,294

 

 

 

11,846,348

 

Net income (loss) per share, basic

$

(0.38

)

 

$

0.11

 

 

$

0.16

 

Net income (loss) per share, diluted

$

(0.38

)

 

$

0.10

 

 

$

0.15

 

Schedule of Anti-dilutive Shares Outstanding Excluded in Calculation of Diluted Net Income (Loss) per Share

The following potentially dilutive shares outstanding at the end of the periods presented were excluded in the calculation of diluted net income (loss) per share as the effect would have been anti-dilutive:

 

 

Year Ended December 31,

 

 

2021

 

 

2020

 

 

2019

 

Options to purchase common stock

 

783,928

 

 

 

573,340

 

 

 

269,202

 

Unvested restricted stock units

 

128,810

 

 

 

101,255

 

 

 

54,620

 

Total

 

912,738

 

 

 

674,595

 

 

 

323,822