Quarterly report pursuant to Section 13 or 15(d)

Net income (loss) per share (Tables)

v3.21.2
Net income (loss) per share (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Basic and Diluted Net Loss per Share Attributable to Common Stockholders
The following table sets forth basic and diluted net income (loss) per share attributable to common stockholders for the three and six months ended June 30, 2021 and 2020 (in thousands, except share and per share amounts):
Six Months Ended June 30, Three Months Ended June 30,
Common stockholders 2021 2020 2021 2020
Basic net income (loss) per share:
Numerator:
Net and comprehensive income (loss) $ 11,926  $ (27,858) $ 24,776  $ (18,404)
Less: Preferred stock dividends —  68  —  34 
Less: Adjustment due to warrant modifications 402  —  —  — 
Adjusted net and comprehensive income (loss) available to common stockholders $ 11,524  $ (27,926) $ 24,776  $ (18,438)
Denominator:
Weighted average shares used in computing net earnings (loss) per share attributable to common stockholders, basic 10,361,462  8,122,176  11,126,909  8,156,618 
Net earnings (loss) per share attributable to common stockholders, basic $ 1.11  $ (3.44) $ 2.23  $ (2.26)
Dilutive net income (loss) per share:
Numerator:
Net and comprehensive income (loss) $ 11,926  $ (27,858) $ 24,776  $ (18,404)
Less: Preferred stock dividends —  68  —  34 
Less: Adjustment due to warrant modifications 402  —  —  — 
Add: Interest expense on convertible notes, net —  —  656  — 
Adjusted net and comprehensive income (loss) available to common stockholders $ 11,524  $ (27,926) $ 25,432  $ (18,438)
Denominator:
Weighted average shares used in computing net earnings (loss) per share attributable to common stockholders, diluted 20,498,829  8,122,176  21,389,413  8,156,618 
Net earnings (loss) per share attributable to common stockholders, diluted $ 0.56  $ (3.44) $ 1.19  $ (2.26)