Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE (Tables)

v3.21.2
NET LOSS PER SHARE (Tables)
9 Months Ended
Sep. 30, 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 three and nine months ended September 30, 2021 and 2020 (in thousands, except per share data):
Three months ended September 30, Nine months ended September 30,
2021 2020 2021 2020
Numerator:
Net income (loss) attributable to PureCycle Technologies $ (20,977) $ (6,609) $ (58,110) $ (15,588)
Less cumulative earnings to preferred stockholder —  882  —  4,833 
Net income (loss) attributable to common stockholders $ (20,977) $ (7,491) $ (58,110) $ (20,421)
Denominator:
Weighted average common shares outstanding, basic and diluted 118,255  27,156  95,773  27,156 
Net loss per share attributable to common stockholder, basic and diluted $ (0.18) $ (0.28) $ (0.61) $ (0.75)