Earnings (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Summary of Computation of Net Loss Per Share

The computation of net loss per share for the three months ended March 31, 2022 and 2021, respectively was as follows:

	Three Months Ended March 31,
(in thousands, except per share data)	2022			2021
Net loss attributable to common stockholders
Net loss attributable to Paragon 28, Inc.	$	(9,236	)	$	(527	)
Less: Dividends on Series B convertible preferred stock		—			(469	)
Net loss attributable to common stockholders	$	(9,236	)	$	(996	)
Weighted-average common stock outstanding:
Basic		76,447,454			46,852,175
Diluted		76,447,454			46,852,175
Loss per share:
Basic	$	(0.12	)	$	(0.02	)
Diluted	$	(0.12	)	$	(0.02	)

Summary of Potentially Dilutive Securities Excluded from Calculation of Diluted Net Loss Per Share Attributable to Common Stockholders

The following outstanding potentially dilutive securities were excluded from the calculation of diluted net loss per share attributable to common stockholders because their impact would have been antidilutive for the period presented:

	Three Months Ended March 31,
	2022		2021
Stock options		7,955,083		5,063,987
Restricted stock units		79,886		—