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NET LOSS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share (in thousands, except per share data):

			Three Months Ended March 31,
			2023						2022
Numerator:
Net loss attributable to Wheels Up Experience Inc. - basic and diluted			$	(100,866)					$	(88,653)
Denominator:
Weighted-average shares of Class A common stock outstanding - basic and diluted			253,345,272						244,609,635
Basic and diluted net loss per share of Class A common stock			$	(0.40)					$	(0.36)

Schedule of Anti-dilutive Securities

The following securities were not included in the computation of diluted shares outstanding, because the effect would be anti-dilutive, and issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period:

			Three Months Ended March 31,
			2023						2022
Warrants			12,521,494						12,521,494
Earnout Shares			9,000,000						9,000,000
RSUs(1)			27,852,662						15,633,060
Stock options			13,665,147						16,193,621
Total anti-dilutive securities			63,039,303						53,348,175

(1) Includes RSUs, PSUs and CEO Market-Based RSUs outstanding as of March 31, 2023.

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- References

No definition available.

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- 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

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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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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