Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Schedule of Earnings (Loss) Per Share

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands, except per share data)	2022		2021		2022		2021
Numerator:
Net income (loss) attributable to UpHealth, Inc.	$	(165,762)	$	30,757	$	(195,645)	$	(4,976)
Denominator:
Weighted average shares outstanding(1)	14,842		11,763		14,588		9,519
Diluted effect of stock awards	—		27		—		—
Diluted effect of RSUs	—		17		—		—
Weighted average shares outstanding assuming dilution	14,842		11,807		14,588		9,519
Net income (loss) per share attributable to UpHealth, Inc.:
Basic	$	(11.17)	$	2.61	$	(13.41)	$	(0.52)
Diluted	$	(11.17)	$	2.60	$	(13.41)	$	(0.52)

(1) The shares and earnings per share available to our common stock holders, prior to the Business Combinations, have been recast to reflect the exchange ratio established in the Business Combinations (1.0 UpHealth Holdings share to 10.28 GigCapital2 share). See Note 3, Business Combinations, for more information.

(2) The shares and earnings per share as of September 30, 2022 and before that date differ from those published in our prior condensed consolidated financial statements as they were retrospectively adjusted as a result of the Reverse Stock Split (as described in Note 1, Organization and Business).