Net Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Schedule of Computation of Net Income Per Common Share

The following table sets forth the computation of net income per common share:

	Three Months Ended June 30,			Six Months Ended June 30,
	2022			2022
Net income per share
Numerator:
Net income	$	40,341		$	49,691
Less: Net loss attributable to noncontrolling interest		(75,115	)		(65,765	)
Net income attributable to biote Corp. stockholders (basic and diluted)	$	115,456		$	115,456
Denominator:
Weighted average shares outstanding (basic)		7,574,271			7,574,271
Effect of potentially dilutive securities
RSUs		1,293,972			1,293,972
Class V Voting Stock		48,565,824			48,565,824
Weighted average shares outstanding (diluted)		57,434,067			57,434,067
Net income per common share
Basic	$	15.24		$	15.24
Diluted	$	2.01		$	2.01

Schedule of Computation of Diluted Weighted Average Shares Outstanding

The Company excluded the following potential shares, presented based on amounts outstanding at each period end, from the computation of diluted weighted average shares outstanding for the periods indicated because including them would have had an antidilutive effect:

	Three Months Ended June 30,		Six Months Ended June 30,
	2022		2022
Unvested RSUs		134,000		134,000
Public Warrants		7,937,500		7,937,500
Private Placement Warrants		5,566,666		5,566,666
Earnout Voting Shares		10,000,000		10,000,000
Sponsor Earnout Shares		1,587,500		1,587,500
		25,225,666		25,225,666