Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) per Share (Tables)

v3.22.2.2
Net Income (Loss) per Share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Income (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):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 


 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

$

4,033

 

 

$

(949

)

 

$

7,430

 

 

$

(1,120

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding, basic

 

12,167,632

 

 

 

11,680,413

 

 

 

12,156,980

 

 

 

11,634,422

 

Dilutive effect of common stock equivalents

 

189,504

 

 

 

 

 

 

149,859

 

 

 

 

Weighted-average shares outstanding, diluted

 

12,357,136

 

 

 

11,680,413

 

 

 

12,306,839

 

 

 

11,634,422

 

Net income (loss) per share, basic

$

0.33

 

 

$

(0.08

)

 

$

0.61

 

 

$

(0.10

)

Net income (loss) per share, diluted

$

0.33

 

 

$

(0.08

)

 

$

0.60

 

 

$

(0.10

)

Anti-dilutive employee share-based awards, excluded

 

986,813

 

 

 

416,161

 

 

 

1,087,879

 

 

 

557,301