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Loss Per Share
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Loss Per Share Loss Per Share 
Basic net loss per share of Class A Common Stock is computed by dividing net loss attributable to RSI by the weighted-average number of shares of Class A Common Stock outstanding during the period. Diluted net loss per share of Class A Common Stock is computed by dividing net loss attributable to RSI, adjusted for the assumed exchange of all potentially dilutive securities, by the weighted-average number of shares of Class A Common Stock outstanding adjusted to give effect to potentially dilutive shares.
The computation of net loss per share attributable to RSI and weighted-average shares of the Company’s Class A Common Stock outstanding for the years ended December 31, 2023, 2022 and 2021 are as follows (amounts in thousands, except for share and per share amounts):
Years Ended
December 31,
202320222021
Numerator:
Net loss$(60,055)$(134,332)$(71,092)
Less: Net loss attributable to non-controlling interests(41,750)(95,701)(51,603)
Net loss attributable to Rush Street Interactive, Inc. – basic(18,305)(38,631)(19,489)
Effect of dilutive securities:
Public, Private Placement and Working Capital Warrants, net of amounts attributable to non-controlling interests— — (9,569)
Net loss attributable to Rush Street Interactive, Inc. – diluted$(18,305)$(38,631)$(29,058)
Denominator
Weighted average common shares outstanding – basic68,508,093 63,532,906 56,265,541 
Weighted average effect of dilutive securities:
Public Warrants(1)
— — 677,746 
Private Placement and Working Capital Warrants(1)
— — 483,598 
Weighted average common shares outstanding – diluted68,508,093 63,532,906 57,426,885 
Net loss per Class A Common Share - basic$(0.27)$(0.61)$(0.35)
Net loss per Class A Common Share - diluted$(0.27)$(0.61)$(0.51)
(1)Calculated using the treasury stock method.
Shares of the Class V 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 V common stock under the two-class method has not been presented.
The Company excluded the following securities from its computation of diluted shares outstanding, as their effect would have been anti-dilutive:
December 31,
202320222021
RSILP Units(1)
150,434,310 155,955,584 158,702,329 
Unvested RSUs
9,218,142 7,492,613 3,076,158 
Vested RSUs(2)
1,104,629 636,917 383,130 
Outstanding Stock Options
1,971,611 887,166 96,827 
(1)RSILP Units that are held by non-controlling interest holders and may be exchanged, subject to certain restrictions, for Class A Common Stock. Upon exchange of an RSILP Unit, a share of Class V Common Stock is cancelled.
(2)RSUs that vested but the resulting shares of Class A Common Stock have not yet been issued.