v3.24.1.u1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue $ 179,049 $ 132,356
Operating expenses:    
Cost of revenue share fee 24,364 19,570
Cost of direct salaries and benefits 40,288 33,146
Research and development 20,104 21,944
Sales and marketing 11,622 9,509
General and administrative 52,890 58,078
Depreciation and amortization 6,092 5,167
Operating income (loss) 23,689 (15,058)
Other income (expense):    
Interest income, net 9,925 6,392
Other income, net 439 274
Income (loss) before tax 34,053 (8,392)
Income tax (expense) benefit (1,965) 119
Net income (loss) 32,088 (8,273)
Less: net income (loss) attributable to non-controlling interests 13,282 (3,049)
Net income (loss) attributable to Clear Secure, Inc. 18,806 (5,224)
Common Class A    
Other income (expense):    
Net income (loss) attributable to Clear Secure, Inc. $ 18,622 $ (5,173)
Net income (loss) per share of Class A Common Stock and Class B Common Stock (Note 15)    
Net income (loss) per common share, basic (in USD per share) $ 0.20 $ (0.06)
Net income (loss) per common share diluted (in USD per share) $ 0.20 $ (0.06)
Weighted-average number of shares outstanding, Basic (in shares) 91,831,639 89,614,791
Weighted-average number of shares outstanding, Diluted (in shares) 92,506,108 89,614,791
Common Class B    
Other income (expense):    
Net income (loss) attributable to Clear Secure, Inc. $ 184 $ (51)
Net income (loss) per share of Class A Common Stock and Class B Common Stock (Note 15)    
Net income (loss) per common share, basic (in USD per share) $ 0.20 $ (0.06)
Net income (loss) per common share diluted (in USD per share) $ 0.20 $ (0.06)
Weighted-average number of shares outstanding, Basic (in shares) 907,234 907,234
Weighted-average number of shares outstanding, Diluted (in shares) 907,234 907,234

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