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Loss Per Share | 12 Months Ended
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Dec. 31, 2022
Earnings Per Share [Abstract] |
Loss Per Share | Note 13. Loss Per Share The following table sets forth reconciliations of the numerators and denominators used to compute basic and diluted net loss per share of Class A and Class D common stock for the periods following the Transactions (in thousands):
|  | Year Ended December 31, |
|  | 2022 |  |  | 2021 |
Numerator: |  |  |  |  |  |
Net loss |  | $ | (6,695 | ) |  | $ | (8,094 | )
Less: Net income attributable to CWAN Holdings prior to the Transactions |  |  | — |  |  |  | 2,829 |
Less: Net income (loss) attributable to non-controlling interests |  |  | 1,272 |  |  |  | (2,710 | )
Net loss attributable to Clearwater Analytics Holdings, Inc. - basic and diluted |  |  | (7,967 | ) |  |  | (8,213 | )
The following table sets forth the computation of basic and diluted net loss per share of Class A and Class D common stock (in thousands, except share amounts and per share amounts):
|  | Year Ended December 31, 2022 |  |  | Year Ended December 31, 2021 |
|  | Class A |  |  | Class D |  |  | Class A |  |  | Class D |
Basic and diluted net loss attributable to Class A and Class D common stockholders |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Allocation of net loss attributable to Clearwater Analytics, Inc. |  | $ | (2,382 | ) |  | $ | (5,585 | ) |  | $ | (2,200 | ) |  | $ | (6,013 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average number of shares of Class A and Class D common stock outstanding - basic and diluted(1) |  |  | 55,476,928 |  |  |  | 130,083,755 |  |  |  | 47,596,752 |  |  |  | 130,083,755 |
Basic and diluted net loss per share attributable to Class A and Class D common stockholders |  | $ | (0.04 | ) |  | $ | (0.04 | ) |  | $ | (0.05 | ) |  | $ | (0.05 | )
(1) Weighted average number of shares of Class A and Class D common stock outstanding for the year ended December 31, 2021 represents only the period from September 24, 2021 to December 31, 2021, which represents the period wherein we had outstanding Class A and Class D common stock. Shares of the Company's Class B and Class C common stock do not participate in the earnings or losses of the Company and are therefore not participating securities. As such, separate presentation of basic and diluted earnings per share of Class B and Class C common stock under the two-class method has not been presented. The following weighted-average potentially dilutive securities were evaluated under the treasury stock method for potentially dilutive effects and have been excluded from diluted net loss per share in the periods presented due to their anti-dilutive effect:
|  | Year Ended December 31, |
|  | 2022 |  |  | 2021 |
Conversion of Class B and Class C common stock |  |  | 52,301,672 |  |  |  | 58,528,697 |
Stock options of Clearwater Analytics Holdings, Inc. |  |  | 10,280,184 |  |  |  | 14,575,237 |
RSUs of Clearwater Analytics Holdings, Inc. |  |  | 1,342,284 |  |  |  | 1,514,207 |
Employee stock purchase plans |  |  | 179,314 |  |  |  | 262,139 |
Total |  |  | 64,103,454 |  |  |  | 74,880,280 |

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