Net Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Summary of Basic and Diluted Net Loss Per Common Share

The following table sets forth the net income (loss) and the computation of basic and diluted per common stock for the periods indicated:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except shares and per share data)	2022		2021		2022		2021
Numerator:
Net income (loss)	$	(14,564)	$	(36,289)	$	(14,649)	$	(52,403)
Less: net loss attributable to non-controlling interests	(9,231)		(40,844)		(9,976)		(56,958)
Net income (loss) attributable to Class A common stockholders	(5,333)		4,555		(4,673)		4,555
Dilutive effect of warrants on net income to Class A common stockholders	—		(13,999)		—		(13,999)
Dilutive effect of Class B common stock	(9,231)		—		(9,976)		—
Net loss attributable to Class A common stockholders - Diluted	$	(14,564)	$	(9,444)	$	(14,649)	$	(9,444)
Basic and Diluted Earnings Per Share denominator:
Weighted average common stock outstanding - basic	210,053,037		167,134,853		200,783,129		166,691,634
Net income (loss) per share - basic	$	(0.03)	$	0.03	$	(0.02)	$	0.03
Diluted Earnings Per Share:
Dilutive effect of warrants on weighted average common stock outstanding	—		1,749,462		—		879,564
Dilutive effect of Class B common stock on weighted average common stock outstanding	264,527,434		—		264,527,434		—
Weighted average common stock outstanding - diluted	474,580,471		168,884,315		465,310,563		167,571,198
Net loss per share - diluted	$	(0.03)	$	(0.06)	$	(0.03)	$	(0.06)

Summary of Diluted Net Loss Per Share

The table below presents the Company’s potentially dilutive securities:

	As of June 30, 2022
Class B common stock	264,527,434
Public Warrants	22,999,900
Private Placement Warrants	10,533,292
Restricted Stock Units	15,389,953
Stock Options	12,876,693
Contingent Shares Issued in Connection with Acquisitions	2,720,966
ESPP Shares	705,570
Potential Common Stock Equivalents	329,753,808