XML 55 R44.htm IDEA: XBRL DOCUMENT v3.21.4
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