Net Loss per Common Share (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Basic and Diluted Net Loss Per Common Unit

Basic and diluted net loss per common share was calculated as follows:


	Year Ended December 31,
	2021		2020
Numerator:
Net loss	$	(118,607)	$	(98,364)
Less: Net loss attributable to noncontrolling interest	(30,563)		(866)
Net loss attributable to indie Semiconductor, Inc.	$	(88,044)	$	(97,498)

Net loss attributable to common shares - dilutive	$	(88,044)	$	(97,498)

Denominator:
Weighted average shares outstanding - basic	70,012,112		31,244,414

Weighted average common shares outstanding—diluted	70,012,112		31,244,414

Net loss per share attributable to common shares— basic	$	(1.26)	$	(3.12)
Net loss per share attributable to common shares— diluted	$	(1.26)	$	(3.12)

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

The Company excluded the following potential shares, presented based on

amounts outstanding at each period end, from the computation of diluted net loss per share attributable to stockholders for the periods indicated because including them would have had an antidilutive effect:


	Year Ended December 31,
	2021	2020
SAFEs	—	4,711,711
Unvested Class B units	1,612,797	3,841,856
Unvested Phantom units	1,188,862	—
Unvested Restricted stock units	3,869,848	—
Convertible preferred units	—	35,935,292
Warrants to purchase Class G units	—	267,939
Convertible debt into Class A and preferred units	—	285,000
Convertible Class V common shares	30,448,081	—
Public warrants for the purchase of Class A common shares	17,250,000	—
Private warrants for the purchase of Class A common shares	10,150,000	—
Earn-out Shares	10,000,000	—
Escrow Shares	1,725,000	—
	76,244,588	45,041,798