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Net Income (Loss) Per Common Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Income (Loss) Per Common Unit
 

Three Months Ended September 30,

 

Nine Months Ended
September 30,

   

2021

 

2020

 

2021

 

2020

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(108,161

)

 

$

(22,156

)

 

$

(84,812

)

 

$

(34,528

)

Less: Net loss attributable to noncontrolling
interest

 

 

(28,512

)

 

 

(197

)

 

 

(22,127

)

 

 

(590

)

Net loss attributable to indie Semiconductor, Inc.

 

$

(79,649

)

 

$

(21,959

)

 

$

(62,685

)

 

$

(33,938

)

Net loss attributable to common
shareholders – dilutive

 

$

(79,649

)

 

$

(21,959

)

 

$

(62,685

)

 

$

(33,938

)

   

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding – basic

 

 

96,368,379

 

 

 

31,349,643

 

 

 

58,791,245

 

 

 

31,153,933

 

Weighted average common shares
outstanding – diluted

 

 

96,368,379

 

 

 

31,349,643

 

 

 

58,791,245

 

 

 

31,153,933

 

Net loss per share attributable to common
shares – basic

 

$

(0.83

)

 

$

(0.70

)

 

$

(1.07

)

 

$

(1.09

)

Net loss per share attributable to common shares – diluted

 

$

(0.83

)

 

$

(0.70

)

 

$

(1.07

)

 

$

(1.09

)

Schedule of Antidilutive Units Excluded from Computation of Net Loss Per Unit
 

Three Months Ended September 30,

 

Nine Months Ended
September 30,

   

2021

 

2020

 

2021

 

2020

SAFEs

 

—

 

4,711,711

 

7,651,982

 

4,711,711

Unvested Class B units

 

—

 

3,710,500

 

1,817,375

 

3,710,500

Unvested Phantom units

 

1,727,730

 

—

 

1,727,730

 

—

Unvested Restricted stock units

 

3,437,188

 

—

 

3,437,188

 

—

Convertible preferred units

 

—

 

35,935,292

 

—

 

35,935,292

Warrants to purchase Class G units

 

—

 

267,939

 

—

 

267,939

Convertible debt into Class A and preferred units

 

—

 

285,000

 

—

 

285,000

Convertible Class V common shares

 

33,827,371

 

—

 

33,827,371

 

—

Public warrants for the purchase of Class A common shares

 

17,250,000

 

—

 

17,250,000

 

—

Private warrants for the purchase of Class A common shares

 

10,150,000

 

—

 

10,150,000

 

—

Earn-out Shares

 

10,000,000

 

—

 

10,000,000

 

—

Escrow Shares

 

3,450,000

 

—

 

3,450,000

 

—

   

79,842,289

 

44,910,442

 

89,311,646

 

44,910,442