For the Three Months Ended

For the Nine Months Ended

September 30,

2021

2020

2021

2020

Numerator:

Numerator for basic calculation—Net income/(loss)
attributable to P10

$

3,584

$

(88

)

$

7,777

$

2,880

Adjustment for:

Preferred dividends attributable to redeemable
noncontrolling interest

494

153

1,483

306

Proportionate share of subsidiary's earnings
attributable to subsidiary's convertible
preferred stock under assumed conversion

(1,563

)

(233

)

(3,599

)

(568

)

Numerator for earnings per share

Numerator for earnings per share assuming
dilution

$

2,515

$

(168

)

$

5,661

$

2,618

Denominator:

Denominator for basic calculation—Weighted-
average shares

62,464

Weighted shares assumed upon exercise of stock
options

4,323

-

4,238

1,978

Denominator for earnings per share assuming dilution

66,787

62,464

66,702

64,442

Earnings per share—basic

$

0.06

$

(0.00

)

$

0.12

$

0.05

Earnings per share—diluted

$

0.04

$

(0.00

)

$

0.08

$

0.04