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Net (loss) / income per share attributable to the Company
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Net (loss) / income per share attributable to the Company

3. Net (loss) / income per share attributable to the Company

 

The following table sets forth the computation of the Company’s basic and diluted net (loss) / income per share attributable to the Company. The weighted average shares calculation for three and six months ended June 30, 2022 and 2021, reflects the outstanding common shares of Paysafe Ltd from the closing date of the Transaction.

 

The Company uses the treasury stock method of calculating diluted net loss per share attributable to the Company. For the three months ended June 30, 2022 and the six months ended June 30, 2022 and 2021 we excluded all potentially dilutive restricted stock units, warrants and LLC units in calculating diluted net loss per share attributable to the Company as the effect was antidilutive. For the three months ended June 30, 2021, we included the dilutive effect of the warrants and excluded all potentially dilutive restricted stock units and LLC units in calculating diluted net income / (loss) per share attributable to the Company as the effect was antidilutive.

 

 

For the three months ended June 30,

 

 

For the six months ended June 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

Net (loss) / income attributable to the Company - basic

$

(658,739

)

 

$

6,597

 

 

$

(1,829,922

)

 

$

(54,050

)

       Net loss attributable to the Company - diluted (1)

$

(658,739

)

 

$

(32,751

)

 

$

(1,829,922

)

 

$

(54,050

)

Denominator

 

 

 

 

 

 

 

 

 

 

 

        Weighted average shares – basic

 

725,860,062

 

 

 

723,712,382

 

 

 

724,923,906

 

 

 

723,712,382

 

        Weighted average shares – diluted (2)

 

725,860,062

 

 

 

728,026,983

 

 

 

724,923,906

 

 

 

723,712,382

 

Net (loss) / income per share attributable to the Company

 

 

 

 

 

 

 

 

 

 

 

        Basic

$

(0.91

)

 

$

0.01

 

 

$

(2.52

)

 

$

(0.07

)

        Diluted

$

(0.91

)

 

$

(0.04

)

 

$

(2.52

)

 

$

(0.07

)

 

(1)
The numerator used in the calculation of diluted net income / (loss) per share attributable to the Company for the three months ended June 30, 2021 has been adjusted to exclude the $39,348 fair value gain on the warrant liabilities.
(2)
The denominator used in the calculation of diluted net income / (loss) per share attributable to the Company for the three months ended June 30, 2021 has been adjusted to include an additional 4,314,601 shares representing the dilutive effect of the warrants.