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Loss Per Share
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Loss Per Share

11. Loss Per Share

For the three months ended March 31, 2022 and 2021, basic net loss per share has been calculated by dividing net loss attributable to Class A common stockholders, by the weighted-average number of shares of Class A common stock outstanding for the same period. Shares of Class A common stock are weighted for the portion of the period in which the shares were outstanding. Diluted net loss per share has been calculated in a manner consistent with that of basic net loss per share while considering all potentially dilutive shares of Class A common stock outstanding during the period.

The following table presents the calculation of basic and diluted net loss per share for the three months ended March 31, 2022 and 2021.

 

 

 

Three Months Ended

March 31,

 

 

 

2022

 

 

2021

 

 

 

(in thousands, except per share data)

 

Numerator

 

 

 

 

 

 

 

 

Net loss

 

$

(13,563

)

 

$

(14,870

)

Less: Net loss attributable to noncontrolling interests

 

 

(10,371

)

 

 

(11,766

)

Net loss attributable to Viant Technology Inc.

 

$

(3,192

)

 

$

(3,104

)

Denominator

 

 

 

 

 

 

 

 

Weighted-average shares of Class A common stock outstanding—basic and diluted

 

 

13,809

 

 

 

11,500

 

 

 

 

 

 

 

 

 

 

Loss per share of Class A common stock—basic

 

$

(0.23

)

 

$

(0.27

)

Loss per share of Class A common stock—diluted

 

$

(0.23

)

 

$

(0.27

)

 

 

 

 

 

 

 

 

 

Anti-dilutive shares excluded from loss per share of Class A common stock—diluted:

 

 

 

 

 

 

 

 

Restricted stock units

 

 

4,858

 

 

 

6,196

 

Nonqualified stock options

 

 

3,771

 

 

 

 

Shares of Class B common stock

 

 

47,082

 

 

 

47,436

 

Total shares excluded from loss per share of Class A common stock—diluted

 

 

55,711

 

 

 

53,632