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Net Loss per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted net loss per share

The following table sets forth the computation of basic and diluted net loss per share for the year ended December 31, 2023 and the period from July 11, 2022 through December 31, 2022 (in thousands, except share and per share amounts):

 

 

Year Ended December 31,

 

 

Period from July 11, 2022 through December 31,

 

 

2023

 

 

2022

 

Numerator

 

 

 

 

 

Net loss

$

(135,447

)

 

$

(54,503

)

Less: Net loss attributable to noncontrolling interests

 

(99,979

)

 

 

(40,103

)

Net loss available to Class A ordinary shareholders of ProKidney Corp.,
   basic and diluted

$

(35,468

)

 

$

(14,400

)

 

 

 

 

 

 

Denominator

 

 

 

 

 

Weighted average Class A ordinary shares or ProKidney Corp. outstanding,
   basic and diluted

 

61,714,225

 

 

 

61,540,231

 

 

 

 

 

 

 

Net loss per Class A Unit

 

 

 

 

 

Net loss per Class A ordinary share of ProKidney Corp., basic and diluted

$

(0.57

)

 

$

(0.23

)

 

 

As of December 31,

 

 

As of December 31,

 

 

2023

 

 

2022

 

Antidilutive securities

 

 

 

 

 

ProKidney Corp. Class B ordinary shares

 

168,297,916

 

 

 

171,578,320

 

Unvested Restricted Stock Rights

 

3,565,753

 

 

 

8,369,796

 

Earnout Rights

 

17,500,000

 

 

 

17,500,000

 

Legacy SCS Restricted Share Units

 

 

 

 

50,000

 

Stock options granted under the 2022 Equity Incentive Plan

 

14,680,109

 

 

 

9,504,715