Annual report pursuant to Section 13 and 15(d)

Net Income (Loss) per Share (Tables)

Net Income (Loss) per Share (Tables)

12 Months Ended

Dec. 31, 2022

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):


	Year Ended December 31,
	2022		2021			2020
Numerator:
Net income (loss)	$	6,385	$	(4,431	)	$	1,225
Denominator:
Weighted-average shares outstanding, basic		12,171,609		11,647,558			11,408,757
Weighted-average shares outstanding, diluted		12,317,707		11,647,558			11,730,294
Net income (loss) per share, basic	$	0.52	$	(0.38	)	$	0.11
Net income (loss) per share, diluted	$	0.52	$	(0.38	)	$	0.10

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,
	2022		2021		2020
Options to purchase common stock		1,015,497		783,928		573,340
Unvested restricted stock units		97,275		128,810		101,255
Total		1,112,772		912,738		674,595