Black Rifle Coffee Company Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Net Loss per Share (Tables)

Net Loss per Share (Tables)

12 Months Ended

Dec. 31, 2024

The following table sets forth the computation of basic and diluted net loss per share (in thousands, except unit/share and per unit/share amounts):


	Year Ended December 31,				Period After Business Combination Through December 31,
	2024		2023		2022
Numerator:
Net loss	$	(7,649)	$	(56,716)	$	(335,352)
Less: Net loss attributable to non-controlling interests	(4,697)		(39,971)		(252,185)
Net loss attributable to Class A Common Stock - basic and diluted	$	(2,952)	$	(16,745)	$	(83,167)

Denominator:
Weighted-average shares of Class A Common Stock outstanding	71,107,562		60,932,225		51,246,632

Net loss per share attributable to Class A common stockholders, basic and diluted	$	(0.04)	$	(0.27)	$	(1.62)

Schedule of Antidilutive Securities

The Company excluded the following potentially dilutive securities, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to Class A common shareholders because including them would have had an antidilutive effect:


	December 31,
	2024	2023	2022
Stock Options	5,424,411	3,413,340	792,370
Common Units	134,536,464	146,484,989	153,899,025
RSUs	2,232,952	1,684,955	823,829
PSUs	8,462,412	8,462,412	8,462,412
Incentive Units (Share Equivalents)	1,221,857	1,237,892	2,039,563
ESPP	69,661	77,841	50,549
Total units excluded from computation of diluted net loss per share	151,947,757	161,361,429	166,067,748