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Net Income (Loss) per Common Share | 3 Months Ended
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Mar. 31, 2024
Earnings Per Share [Abstract] |
Net Income (Loss) per Common Share | Net Income (Loss) per Common Share Below is the calculation of basic and diluted net loss per common share:
|  | Three Months Ended March 31, 2024
|  | Class A |  | Class B
Basic: |  |  |  |
Net income attributable to Clear Secure, Inc. |  | $ | 18,622 |  |  | $ | 184 |
Weighted-average number of shares outstanding, basic |  | 91,831,639 |  |  | 907,234 |
Net income per common share, basic: |  | $ | 0.20 |  |  | $ | 0.20 |
Diluted: |  |  |  |
Net income attributable to Clear Secure, Inc. used to calculate net income per common share, basic |  | $ | 18,622 |  |  | $ | 184 |
Add: reallocation of net income (loss) to Clear Secure, Inc. to reflect dilutive impact |  | 57 |  |  | (1) |
Net income attributable to Clear Secure, Inc. used to calculate net loss per common share, diluted |  | 18,679 |  |  | 183 |
Weighted-average number of shares outstanding used to calculate net income per common share, basic |  | 91,831,639 |  |  | 907,234 |
Effect of dilutive shares |  | 674,469 |  |  | — |
Weighted-average number of shares outstanding, diluted |  | 92,506,108 |  |  | 907,234 |
Net income per common share, diluted: |  | $ | 0.20 |  |  | $ | 0.20 |
|  | Three Months Ended March 31, 2023
|  | Class A |  | Class B
Basic: |  |  |  |
Net loss attributable to Clear Secure, Inc. |  | $ | (5,173) |  |  | $ | (51) |
Weighted-average number of shares outstanding, basic |  | 89,555,385 |  |  | 907,234 |
Weighted-average vested warrants |  | 59,406 |  |  | — |
Weighted-average number of shares outstanding used to calculate net loss per common share, basic |  | 89,614,791 |  |  | 907,234 |
Net loss per common share, basic: |  | $ | (0.06) |  |  | $ | (0.06) |
Diluted: |  |  |  |
Net loss attributable to Clear Secure, Inc. used to calculate net loss per common share, basic |  | $ | (5,173) |  |  | $ | (51) |
Weighted-average number of shares outstanding used to calculate net loss per common share, basic |  | 89,614,791 |  |  | 907,234 |
Effect of dilutive shares |  | — |  |  | — |
Weighted-average number of shares outstanding, diluted |  | 89,614,791 |  |  | 907,234 |
Net loss per common share, diluted: |  | $ | (0.06) |  |  | $ | (0.06) |
After evaluating the potential dilutive effect under the if-converted method, the outstanding Alclear Units for the assumed exchange of non-controlling interests were determined to be anti-dilutive and thus were excluded from the computation of diluted earnings per share. The following tables present potentially dilutive securities excluded from the computations of diluted earnings (loss) per share of Class A and Class B common stock for the three months ended March 31, 2024 and 2023:
|  | Three Months Ended March 31, 2024
|  | Class A |  | Class B
Exchangeable Alclear Units |  | 30,609,111 |  |  | 25,796,690 |
RSU’s |  | 823,456 |  |  | — |
Total |  | 31,432,567 |  |  | 25,796,690 |
|  | Three Months Ended March 31, 2023
|  | Class A |  | Class B
Exchangeable Alclear Units |  | 36,242,191 |  |  | 25,796,690 |
RSA’s |  | 60,044 |  |  | — |
RSU’s |  | 4,094,124 |  |  | — |
Total |  | 40,396,359 |  |  | 25,796,690 |
For the three months ended March 31, 2024, the Company has excluded 4,824,090 potentially dilutive shares from the tables above as they had performance conditions that were not achieved as of the end of the periods above.

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