For the Three Months
Ended September 30,

For the Nine Months
Ended September 30,

2024

2023

2024

2023

Numerator:

Numerator for basic calculation—Net income/(loss)

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

$

1,406

$

(8,416

)

$

13,420

$

(6,048

)

Adjustment for:

Net income/(loss) attributable to noncontrolling interests in P10 Intermediate

(73

)

(334

)

546

169

Numerator for earnings/(loss) per share

Numerator for earnings/(loss) per share assuming dilution

$

1,333

$

(8,750

)

$

13,966

$

(5,879

)

Denominator:

Denominator for basic calculation—Weighted-
   average shares outstanding, basic attributable to P10

111,374

116,235

112,954

116,134

Weighted shares assumed upon exercise of partnership units

3,917

-

3,917

-

Weighted shares assumed upon exercise of stock
   options and vesting of restricted stock units

3,985

-

3,867

-

Denominator for earnings/(loss) per share assuming dilution

119,276

116,235

120,738

116,134

Earnings/(loss) per Class A share—basic

$

0.01

$

(0.07

)

$

0.12

$

(0.05

)

Earnings/(loss) per Class A share—diluted

$

0.01

$

(0.07

)

$

0.12

$

(0.05

)

Earnings/(loss) per Class B share—basic

$

0.01

$

(0.07

)

$

0.12

$

(0.05

)

Earnings/(loss) per Class B share—diluted

$

0.01

$

(0.07

)

$

0.12

$

(0.05

)