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Net Loss Per Share
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Net Loss Per Share

12. Net Loss Per Share

The following table presents the calculation of basic and diluted net loss per share for the period following the IPO (in thousands except per share amounts):

 

   
      For the period
October 27, 2020
through
December 31, 2020
 

Numerator:

  

Net (loss)

   $ (8,604

Less: net (loss) attributable to non-controlling interest

     (4,238
  

 

 

 

Net (loss) attributable to MediaAlpha, Inc.

   $ (4,366
  

 

 

 

Denominator:

  

Weighted-average shares of Class A common stock outstanding—basic and diluted

     32,134,170  

Net (loss) per share of Class A common stock—basic and diluted

   $ (0.14

 

 

During the period October 27, 2020 through December 31, 2020, the Company incurred net losses and, therefore, the effect of the Company’s potentially dilutive securities were not included in the calculation of diluted loss per share as the effect would be anti-dilutive. The following table contains share/unit totals with a potentially dilutive impact:

 

   
      As of
December 31, 2020
 

QLH Class B / B-1 Units (Replacement awards)

     25,571,996  

Restricted Class A Shares

     1,061,605  

Restricted stock units

     5,482,876  
  

 

 

 

Potential dilutive shares

     32,116,477