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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Computation of Net (Loss) Income Per Share

The computation of net (loss) income per share was as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net income attributable to AdTheorent Holding Company, Inc.

 

$

57,777

 

 

$

1,532

 

 

$

16,037

 

 

$

3,535

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - basic

 

 

85,766,302

 

 

 

59,873,921

 

 

 

85,755,210

 

 

 

59,863,656

 

Effect of dilutive equity-based awards

 

 

7,636,348

 

 

 

7,204,857

 

 

 

7,508,309

 

 

 

3,824,448

 

Weighted-average common shares outstanding - diluted

 

 

93,402,650

 

 

 

67,078,778

 

 

 

93,263,518

 

 

 

63,688,104

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

     Basic

 

$

0.67

 

 

$

0.03

 

 

$

0.19

 

 

$

0.06

 

     Diluted

 

$

0.62

 

 

$

0.02

 

 

$

0.17

 

 

$

0.06

 

Summary of Outstanding Potentially Dilutive Securities

The following outstanding potentially dilutive securities were excluded from the calculation of diluted net (loss) income per Common Stockholder because their impact would have been anti-dilutive for the period presented or their contingency conditions were not met:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Stock options

 

 

310,866

 

 

 

521,687

 

 

 

326,231

 

 

 

3,902,096

 

Restricted Stock Units (RSUs)

 

 

3,603,659

 

 

 

 

 

 

3,716,334

 

 

 

 

Public Warrants

 

 

10,541,657

 

 

 

 

 

 

10,541,657

 

 

 

 

Private Placement Warrants (1)

 

 

5,432,237

 

 

 

 

 

 

5,432,237

 

 

 

 

Seller's Earn-Out

 

 

6,785,714

 

 

 

 

 

 

6,785,714

 

 

 

 

Sponsor Earn-Out

 

 

598,875

 

 

 

 

 

 

598,875

 

 

 

 

Total

 

 

27,273,008

 

 

 

521,687

 

 

 

27,401,048

 

 

 

3,902,096

 

 

(1)
Of the 5,432,237 Private Placement Warrants, 551,096 warrants are held in escrow subject to earn-out targets.