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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue        
Total revenue $ 41,970 $ 35,567 $ 120,472 $ 101,860
Cost of revenue (excluding depreciation and amortization included in selling, general, and administrative, below)        
Cost of revenue 13,337 12,290 39,151 35,291
Commissions 209 566 788 1,607
Marketing 997 1,417 3,352 3,225
Selling, general, and administrative 19,612 12,311 145,206 33,101
Income (loss) from operations 7,815 8,983 (68,025) 28,636
Other income (expense) net :        
Interest expense (1,756) (384) (2,909) (1,301)
Gain from change in fair value of warrant liability 1,153   4,552  
Gain (loss) from change in fair value of earnout liability (6,840)   54,840  
Loss from extinguishment of debt     (445)  
Other income 356 5 454 13
Total other income (expense), net (7,087) (379) 56,492 (1,288)
Income (loss) before provision for income taxes 728 8,604 (11,533) 27,348
Income tax expense (benefit) 234 67 (48) 209
Net income (loss) 494 8,537 (11,485) 27,139
Less: Net income (loss) attributable to noncontrolling interest 479   (8,894)  
Net income (loss) attributable to biote Corp. stockholders 15   (2,591)  
Other comprehensive income (loss):        
Foreign currency translation adjustments (1) 10   (14)
Other comprehensive income (loss) (1) 10   (14)
Comprehensive income (loss) $ 493 8,547 $ (11,485) 27,125
Net income (loss) per common share        
Basic $ 0.00   $ (0.34)  
Diluted $ 0.00   $ (0.34)  
Weighted average common shares outstanding        
Basic 7,605,031   7,596,379  
Diluted 7,605,031   7,596,379  
Product Revenue        
Revenue        
Total revenue $ 41,574 35,119 $ 119,121 100,619
Cost of revenue (excluding depreciation and amortization included in selling, general, and administrative, below)        
Cost of revenue 12,750 11,600 37,391 33,496
Service Revenue        
Revenue        
Total revenue 396 448 1,351 1,241
Cost of revenue (excluding depreciation and amortization included in selling, general, and administrative, below)        
Cost of revenue $ 587 $ 690 $ 1,760 $ 1,795