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Net Income (Loss) Per Share
 6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share Net Income (Loss) Per Share
The following table sets forth the computation of the Company's basic net income (loss) per share to common stockholders for the three and six months ended June 30, 2022 and 2021.
(in thousands, except share data)Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Net income (loss) attributable to TOI $(5,453)$3,205 $13,833 $2,209 
Less: Deemed dividend64 — 64 — 
Net income (loss) attributable to TOI available for distribution(5,517)3,205 13,769 2,209 
Net income (loss) attributable to participating securities, basic(1,013)— 2,521 — 
Net income (loss) attributable to common stockholders, basic$(4,504)$3,205 $11,248 $2,209 
(in thousands, except share data)Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Weighted average common shares outstanding, basic72,996,836 66,021,829 73,123,895 64,446,377 
Net income (loss) per share attributable to common stockholders, basic$(0.06)$0.05 $0.15 $0.03 
The following table sets forth the computation of the Company's diluted net income (loss) per share to common stockholders for the three and six months ended June 30, 2022 and 2021.
(in thousands, except share data)Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Net income (loss) attributable to TOI $(5,453)$3,205 $13,833 $2,209 
Less: Deemed dividend64 — 64 — 
Net income (loss) attributable to TOI available for distribution(5,517)3,205 13,769 2,209 
Less: Net income attributable to participating securities, diluted(1,013)— 2,441 — 
Net income (loss) attributable to common stockholders, diluted$(4,504)$3,205 $11,328 $2,209 
Weighted average shares outstanding, diluted72,996,836 66,021,829 76,106,201 64,446,377 
Net income (loss) per share attributable to common stockholders, diluted$(0.06)$0.05 $0.15 $0.03 
The following potentially dilutive outstanding securities were excluded from the computation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented:
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Stock options7,270,358 9,201,136 4,429,451 9,201,136 
RSUs2,182,536 1,367,463 1,471,052 1,367,463 
Earnout Shares1,437,138 — 1,437,138 — 
Public Warrants5,749,986 — 5,749,986 — 
Private Warrants3,177,542 — 3,177,542 —