v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue $ 102,723 $ 55,178 $ 193,262 $ 105,736
Operating expenses:        
Cost of revenue share fee 12,313 8,300 24,455 16,069
Cost of direct salaries and benefits 25,313 15,836 48,293 27,985
Research and development 14,333 10,941 29,845 19,946
Sales and marketing 11,365 10,901 19,191 15,857
General and administrative 48,193 44,282 94,119 71,474
Depreciation and amortization 4,328 2,664 8,712 5,202
Operating loss (13,122) (37,746) (31,353) (50,797)
Other income (expense):        
Interest income (expense), net 187 (142) 194 (213)
Other income (expense), net 465 0 197 0
Loss before tax (12,470) (37,888) (30,962) (51,010)
Income tax benefit (expense) 147 (211) (155) (217)
Net loss (12,323) (38,099) (31,117) (51,227)
Less: net loss attributable to non-controlling interests (5,168) (36,095) (13,635) (49,223)
Net loss attributable to Clear Secure, Inc. (7,155) (2,004) (17,482) (2,004)
Common Class A        
Other income (expense):        
Net loss attributable to Clear Secure, Inc. $ (7,061) $ (1,969) $ (17,251) $ (1,969)
Net loss per share of Class A Common Stock and Class B Common Stock (Note 17)        
Basic (in USD per share) $ (0.09) $ (0.03) $ (0.23) $ (0.03)
Diluted (in USD per share) $ (0.09) $ (0.03) $ (0.23) $ (0.03)
Weighted-average number of shares outstanding, Basic (in shares) 79,420,204 57,371,788 78,053,957 57,371,788
Weighted-average number of shares outstanding, Diluted (in shares) 79,420,204 57,371,788 78,053,957 57,371,788
Common Class B        
Other income (expense):        
Net loss attributable to Clear Secure, Inc. $ (94) $ (35) $ (231) $ (35)
Net loss per share of Class A Common Stock and Class B Common Stock (Note 17)        
Basic (in USD per share) $ (0.09) $ (0.03) $ (0.23) $ (0.03)
Diluted (in USD per share) $ (0.09) $ (0.03) $ (0.23) $ (0.03)
Weighted-average number of shares outstanding, Basic (in shares) 1,042,234 1,042,234 1,042,234 1,042,234
Weighted-average number of shares outstanding, Diluted (in shares) 1,042,234 1,042,234 1,042,234 1,042,234

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