v3.21.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue $ 55,178 $ 59,978 $ 105,736 $ 121,266
Operating expenses:        
Cost of revenue share fee 8,300 7,273 16,069 17,409
Cost of direct salaries and benefits 15,836 6,234 27,985 23,753
Research and development 10,941 5,445 19,946 17,061
Sales and marketing 10,901 1,492 15,857 8,188
General and administrative 44,282 14,928 71,474 79,798
Depreciation and amortization 2,664 2,329 5,202 4,623
Operating income (loss) (37,746) 22,277 (50,797) (29,566)
Other income (expense)        
Interest income, net (142) 79 (213) 669
Income (loss) before tax (37,888) 22,356 (51,010) (28,897)
Income tax expense (211) (10) (217) (10)
Net income (loss) (38,099) $ 22,346 (51,227) $ (28,907)
Less: net loss attributable to non-controlling interests (36,095)   (49,223)  
Net loss attributable to Clear Secure, Inc. $ (2,004)   $ (2,004)  
Common Class A        
Net loss per common stock, basic:        
Basic (in USD per share) $ (0.03)   $ (0.03)  
Diluted (in USD per share) $ (0.03)   $ (0.03)  
Weighted- average shares outstanding        
Basic (in shares) 57,371,788   57,371,788  
Diluted (in shares) 57,371,788   57,371,788  
Common Class B        
Net loss per common stock, basic:        
Basic (in USD per share) $ (0.03)   $ (0.03)  
Diluted (in USD per share) $ (0.03)   $ (0.03)  
Weighted- average shares outstanding        
Basic (in shares) 1,042,234   1,042,234  
Diluted (in shares) 1,042,234   1,042,234  

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