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NET LOSS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Summary of Net Income (Loss) per Share

Presented in the table below is a reconciliation of the numerator and denominator for the basic and diluted earnings per share (“EPS”) calculations for the three and nine months ended September 30, 2021 and 2020 (in thousands, except per share data):

			Three months ended September 30,												Nine months ended September 30,
			2021						2020						2021						2020
Numerator:
Net income (loss) attributable to PureCycle Technologies			$	(20,977)					$	(6,609)					$	(58,110)					$	(15,588)
Less cumulative earnings to preferred stockholder			—						882						—						4,833
Net income (loss) attributable to common stockholders			$	(20,977)					$	(7,491)					$	(58,110)					$	(20,421)
Denominator:
Weighted average common shares outstanding, basic and diluted			118,255						27,156						95,773						27,156
Net loss per share attributable to common stockholder, basic and diluted			$	(0.18)					$	(0.28)					$	(0.61)					$	(0.75)

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- References

No definition available.

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- 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 http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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