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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Net Income (Loss) and Weighted Average Number of Shares Outstanding

The Company's net income (loss) and weighted average number of shares outstanding for the three and nine months ended September 30, 2024, and the three months ended September 30, 2023, consists of the following (in thousands except per share information):

 

Basic and Diluted Net Loss per Share Attributable to ARIS Stockholders

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to ARIS stockholders

$

11,530

 

 

$

3,911

 

 

$

29,361

 

 

$

6,166

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted weighted average shares of common stock outstanding (1)

 

36,554

 

 

 

15,177

 

 

 

30,673

 

 

 

9,079

 

Basic and diluted net income (loss) per share of common stock

$

0.32

 

 

$

0.26

 

 

$

0.96

 

 

$

0.68

 

(1) The weighted average shares of common stock outstanding are inclusive of outstanding restricted stock grants, the impact of which is not material to the basic and diluted net income (loss) per share of common stock.