NET LOSS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Summary of Net Income (Loss) per Share

Presented in the table below is a reconciliation of the numerator and denominator for the basic and diluted earnings per share (“EPS”) calculations for the years ended December 31, 2021 and 2020 (in thousands, except per share data):

	Years ended December 31,
	2021		2020
Numerator:
Net income (loss) attributable to PureCycle	$	(77,502)	$	(52,992)
Less cumulative earnings to preferred stockholder	—		3,307
Net income (loss) attributable to common stockholders	$	(77,502)	$	(56,299)
Denominator:
Weighted average common shares outstanding, basic and diluted	102,913		28,732
Net loss per share attributable to common stockholder, basic and diluted	$	(0.75)	$	(1.96)