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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue $ 83,698 $ 52,286 $ 165,771 $ 101,566
Cost of revenue (including depreciation of $408 and $880 in 2021, and $495 and $870 in 2022 respectively) 60,081 35,623 107,002 67,712
Gross margin 23,617 16,663 58,769 33,854
General and administrative (including equity-based compensation of $466 and $975 in 2021, and $2,431 and $2,833 in 2022 respectively) 15,782 13,024 33,476 21,658
Sales and marketing 11,061 6,000 21,203 11,249
Operations 11,179 5,850 20,853 10,879
Technology and development 2,876 897 5,684 1,780
Depreciation and amortization 694 600 1,353 1,283
Interest, net 193 378 332 547
Warrant fair value (gains) losses (11,126)   6,544 456
Gain on forgiveness of debt   (9,518)   (9,518)
Loss and comprehensive loss before income taxes (7,042) (568) (30,676) (4,480)
Income tax expense 206   387  
Net loss and comprehensive loss (7,248) (568) (31,063) (4,480)
Net loss and comprehensive loss attributable to noncontrolling interests (Note 16) 4,274   16,053  
Net loss and comprehensive loss attributable to Inspirato Incorporated $ (2,974) $ (568) $ (15,010) $ (4,480)
Basic weighted average common units and class A shares outstanding 52,400 105,503 47,384 105,503
Diluted weighted average common units and class A shares outstanding 52,400 105,503 47,384 105,503
Basic net loss attributable to Inspirato Incorporated per common unit and class A share $ (0.06) $ (0.01) $ (0.32) $ (0.04)
Diluted net loss attributable to Inspirato Incorporated per common unit and class A share $ (0.06) $ (0.01) $ (0.32) $ (0.04)
Class A Common Stock        
Basic weighted average common units and class A shares outstanding 52,400 105,503 47,384 105,503
Diluted weighted average common units and class A shares outstanding 52,400 105,503 47,384 105,503