Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Statements of Changes in Redeemable Capital Units, Stockholders' Equity, and Members' Deficit (Unaudited)

v3.22.1
Condensed Consolidated Statements of Changes in Redeemable Capital Units, Stockholders' Equity, and Members' Deficit (Unaudited) - USD ($)
$ in Thousands
Total
Common Class A
Profit Units
Class A Redeemable Units
Class B Redeemable Units
Class C Redeemable Units
Capital Units
Total stockholders’ equity attributable to Clear Secure, Inc.
Total stockholders’ equity attributable to Clear Secure, Inc.
Profit Units
Total stockholders’ equity attributable to Clear Secure, Inc.
Capital Units
Common Stock
Common Class A
Common Stock
Common Class B
Common Stock
Common Class C
Common Stock
Common Class D
Additional paid in capital
Profit Units
Profit Units
Profit Units
Accumulated other comprehensive income
Treasury Stock
Accumulated deficit
Accumulated deficit
Profit Units
Accumulated deficit
Capital Units
Non-Controlling Interest
Beginning balance (in shares) at Dec. 31, 2018       365,285 4,039,104 0                                  
Beginning balance at Dec. 31, 2018       $ 3,653 $ 226,397 $ 0                                  
Beginning balance (in shares) at Dec. 31, 2018                               1,941,232              
Beginning balance at Dec. 31, 2018 $ (218,966)                             $ 6,652   $ (16)   $ (225,602)      
Total redeemable capital units                                              
Warrant expense         13,223                                    
Issuance of member units, net of costs         192,442                                    
Repurchase and retirement of capital units       $ (485) $ 0                                    
Ending balance (in shares) at Dec. 31, 2019       316,785 4,759,569 0                                  
Ending balance at Dec. 31, 2019       $ 3,168 $ 432,062 $ 0                                  
Ending balance (in shares) at Dec. 31, 2019                               2,113,008              
Ending balance at Dec. 31, 2019 (283,329)                             $ 8,022   3   (291,354)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Net income (loss) (54,221)                                     (54,221)      
Other comprehensive loss 19                                 19          
Temporary equity issuance (in shares)         720,465                                    
Temporary equity repurchased and retired (in shares)       (48,500) 0                                    
Equity-based compensation expense, net of forfeitures 1,440                             $ 1,440              
Repurchased and retirement of equity (in shares)                                 (59,846)            
Repurchased and retirement of equity     $ (1,173)       $ (10,428)                   $ (70)       $ (1,103) $ (10,428)  
Issuance of stock, net of costs (in shares)                               231,622              
Warrant expense         $ 1,970                                    
Issuance of member units, net of costs         146,652                                    
Repurchase and retirement of capital units       $ (548) $ (14,053)                                    
Ending balance (in shares) at Dec. 31, 2020       261,942 4,621,459 0                                  
Ending balance at Dec. 31, 2020 569,251     $ 2,620 $ 566,631 $ 0                                  
Ending balance (in shares) at Dec. 31, 2020     1,868,322                         1,868,322              
Ending balance at Dec. 31, 2020 (486,896)             $ (486,896)     $ 0 $ 0 $ 0 $ 0 $ 0 $ 7,846   27   (494,769)     $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Net income (loss) (9,310)                                     (9,310)      
Other comprehensive loss 24                                 24          
Temporary equity issuance (in shares)         539,277                                    
Temporary equity repurchased and retired (in shares)       (54,843) (677,387)                                    
Equity-based compensation expense, net of forfeitures 1,457                             $ 1,457              
Repurchased and retirement of equity (in shares)                                 (433,014)            
Repurchased and retirement of equity     $ (12,636)       (183,102)                   $ (1,633)       (11,003) (183,102)  
Issuance of stock, net of costs (in shares)                               188,328              
Ending balance (in shares) at Dec. 31, 2020                     0 0 0 0         0        
Total redeemable capital units                                              
Warrant expense 1,100                                            
Issuance of member units, net of costs 81,567                                            
Repurchase and retirement of capital units (439)                                            
Exercise of warrants prior to the reorganization transaction 34,224                                            
Effect of reorganization transaction (685,703)                                            
Ending balance at Dec. 31, 2021 0     $ 0 $ 0                                    
Ending balance (in shares) at Dec. 31, 2021                               0              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Net income (loss) (115,171)                                            
Other comprehensive loss (171)             (78)                   (78)         (93)
Equity-based compensation expense, net of forfeitures (in shares)   223,069,000                           26,925     223,069,000        
Equity-based compensation expense, net of forfeitures 31,697             16,574             15,894 $ 680             15,123
Warrant expense 2,890             1,847             1,847               1,043
Repurchased and retirement of equity (in shares)                                 (71,247)            
Repurchased and retirement of equity     $ (8,302)       $ (3,005)   $ (8,302) $ (3,005)             $ (56)       $ (8,246) $ (3,005)  
Tax distribution to members (4,114)             (4,066)                       (4,066)     (48)
Effect of reorganization transaction (in shares)                     (59,240,306,000) (1,042,234,000)       (1,770,150)              
Effect of reorganization transaction 685,703             611,223     $ 1       62,858 $ (8,470)   (52)   556,886     74,480
Issuance of stock, net of costs (in shares)                     15,180,000,000   44,598,167,000 26,709,821,000                  
Issuance of stock, net of costs 436,837             233,246             233,246               203,591
Issuance of RSU's upon satisfaction of vesting terms (in shares)                     196,019,000                        
Exercise of Warrants (in shares)                     2,000,000,000                        
Ending balance (in shares) at Dec. 31, 2021                     76,393,256,000 1,042,234,000 44,598,167,000 26,709,821,000         223,069,000        
Ending balance at Dec. 31, 2021 $ 539,468             $ 277,613     $ 1 $ 0 $ 0 $ 0 $ 313,845 $ 0   $ (103)   $ (36,130)     $ 261,855