XML 56 R39.htm IDEA: XBRL DOCUMENT
v3.22.4

Loss Per Share (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Earnings Per Share [Abstract] |
Schedule of Computation of Basic and Diluted Net 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.
Schedule of Weighted-average Potentially Dilutive Securities Excluded from Diluted Net Loss Per Share |
|  | 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 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration