| Schedule of Net Income (Loss) Per Share |
The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands, except unit/share and per unit/share amounts, unaudited):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, |
|
Six Months Ended June 30, |
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| Numerator: |
|
|
|
|
|
|
|
| Net income (loss) |
$ |
(14,512) |
|
|
$ |
(1,374) |
|
|
$ |
(22,357) |
|
|
$ |
482 |
|
Less: Net income (loss) attributable to non-controlling interest |
(9,183) |
|
|
(892) |
|
|
(14,141) |
|
|
415 |
|
Net income (loss) attributable to BRC Inc. |
$ |
(5,329) |
|
|
$ |
(482) |
|
|
$ |
(8,216) |
|
|
$ |
67 |
|
|
|
|
|
|
|
|
|
| Denominator: |
|
|
|
|
|
|
|
| Weighted-average shares of Class A Common Stock outstanding - Basic |
79,146,003 |
|
|
68,209,081 |
|
|
78,780,708 |
|
|
67,260,724 |
|
| Weighted-average effect of dilutive securities: |
|
|
|
|
|
|
|
| Options |
— |
|
|
— |
|
|
— |
|
|
16,411 |
|
| RSUs |
— |
|
|
— |
|
|
— |
|
|
489,278 |
|
| Incentive Units (Share Equivalents) |
— |
|
|
— |
|
|
— |
|
|
564,971 |
|
| ESPP |
— |
|
|
— |
|
|
— |
|
|
1,876 |
|
| Weighted-average shares of Class A Common Stock outstanding - Diluted |
79,146,003 |
|
|
68,209,081 |
|
|
78,780,708 |
|
|
68,333,260 |
|
|
|
|
|
|
|
|
|
Net income (loss) per share attributable to Class A Common Stock, basic and diluted |
$ |
(0.07) |
|
|
$ |
(0.01) |
|
|
$ |
(0.10) |
|
|
$ |
— |
|
|
| 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 income (loss) per share attributable to Class A Common Stock because including them would have had an antidilutive effect:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, |
|
Six Months Ended June 30, |
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| Stock options |
7,995,668 |
|
|
5,407,036 |
|
|
7,995,668 |
|
|
5,207,383 |
|
| Common Units |
134,426,861 |
|
|
142,568,263 |
|
|
134,426,861 |
|
|
142,568,263 |
|
| RSUs |
4,459,117 |
|
|
2,407,540 |
|
|
4,459,117 |
|
|
271,124 |
|
| PSUs |
8,462,412 |
|
|
8,462,412 |
|
|
8,462,412 |
|
|
8,462,412 |
|
| Incentive Units (Share Equivalents) |
1,221,857 |
|
|
1,187,537 |
|
|
1,221,857 |
|
|
1,187,537 |
|
| ESPP |
79,468 |
|
|
72,716 |
|
|
79,468 |
|
|
— |
|
| Total units excluded from computation of diluted net income (loss) per share |
156,645,383 |
|
|
160,105,504 |
|
|
156,645,383 |
|
|
157,696,719 |
|
|