Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share

v3.23.2
Net Income (Loss) Per Share
 6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share Net Income (Loss) Per Share
The following table sets forth the computation of basic and diluted net loss per share and a reconciliation of the weighted average number of shares outstanding:
Three Months Ended June 30, Six Months Ended June 30,
2023 2022 2023 2022
Numerator:
Net loss
 $ (5,040) $ (4,212) $ (14,593) $ (2,687)
Denominator:
Weighted-average common shares outstanding, basic and diluted
 129,138,138  128,657,271  129,089,647  128,652,580 
Net loss per share:
Net loss per share, basic and diluted
 $ (0.04) $ (0.03) $ (0.11) $ (0.02)
Basic net income (loss) per share is calculated by dividing net income (loss) for the period by the weighted-average number of shares of common stock for the period. Diluted net income (loss) per share has been calculated in a manner consistent with that of basic net income (loss) per share while giving effect to shares of potentially dilutive stock option and RSU grants, as well as ESPP purchase rights, outstanding during the period, if applicable. Due to the net loss for all periods shown, no potentially dilutive securities had an impact on diluted loss per share for any period. For the three months ended June 30, 2023 and 2022, respectively, 4,264,047 and 1,403,626 shares were excluded from the calculation of weighted-average diluted common shares outstanding as they had an anti-dilutive effect. For the six months ended June 30, 2023 and 2022, respectively, 4,464,863 and 1,240,773 shares were excluded from the calculation of weighted-average diluted common shares outstanding as they had an anti-dilutive effect.