(Loss) Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Summary of Computation of Net (Loss) Income Per Share

The computation of net (loss) income per share for the years ended December 31, 2022, 2021 and 2020, respectively was as follows:

	December 31,
	2022			2021			2020
Net (loss) income attributable to common stockholders
Net (loss) income attributable to Paragon 28, Inc.	$	(67,326	)	$	(13,693	)	$	3,498
Less: Dividends on Series B convertible preferred stock		—			—			(812	)
Net (loss) income attributable to common stockholders	$	(67,326	)	$	(13,693	)	$	2,686
Weighted-average common stock outstanding:
Basic		76,766,100			52,916,711			43,510,185
Dilutive impact of Series A convertible preferred stock		—			—			13,812,500
Dilutive impact of stock awards outstanding		—			—			3,083,495
Diluted		76,766,100			52,916,711			60,406,180
(Loss) income per share:
Basic	$	(0.88	)	$	(0.26	)	$	0.06
Diluted	$	(0.88	)	$	(0.26	)	$	0.04

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

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

	December 31,
	2022		2021		2020
Stock options		6,538,536		7,953,018		—
Restricted stock units		964,054		79,886		—
Series A convertible preferred stock		—		—		—
Series B convertible preferred stock		—		—		6,608,700