Quarterly report [Sections 13 or 15(d)]

Net Income (Loss) Per Share (Tables)

v3.26.1
Net Income (Loss) Per Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share
The table below presents the computation of basic and diluted EPS:
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
(in thousands, except per share amounts)
Numerator:
Net income (loss) $ 1,760  $ (26,586) $ (43,377) $ (76,299)
Denominator:
Weighted average common shares outstanding—basic 90,043  86,626  88,826  85,952 
Dilutive common stock equivalents 7,290  —  —  — 
Weighted average common shares outstanding—diluted 97,333  86,626  88,826  85,952 
Net income (loss) per share:
Basic $ 0.02  $ (0.31) $ (0.49) $ (0.89)
Diluted $ 0.02  $ (0.31) $ (0.49) $ (0.89)