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Net Income (Loss) Per Share (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2023

Dec. 31, 2022

Net Income (Loss) Per Share [Abstract]

Schedule of Basic and Diluted Net Income (Loss) Per Share

The following table sets forth the basic and diluted net income (loss) per share computation and provides a reconciliation of the numerator and denominator for the periods presented:

		For the Six Months Ended June 30,
		2022				2023
Numerator:
Net income (loss) from continuing operations attributable to SunCar Technology’s ordinary shareholders		$	3,155			$	(3,379	)
Net loss from discontinued operations attributable to SunCar Technology’s ordinary shareholders			(1,030	)			-
Numerator for basic and diluted net income (loss) per share calculation		$	2,125			$	(3,379	)
Denominator:
Weighted average number of ordinary shares			80,000,000				81,374,609
Net income (loss) from continuing operation attributable to SunCar Technology’s ordinary shareholders per ordinary share
—Basic and diluted		$	0.04			$	(0.04	)
Net loss from discontinued operation attributable to SunCar Technology’s ordinary shareholders per ordinary share
—Basic and diluted		$	(0.01	)		$	0.00
Net income (loss) attributable to SunCar Technology’s ordinary shareholders per ordinary share
—Basic and diluted		$	0.03			$	(0.04	)

The following table sets forth the basic and diluted net income (loss) per share computation and provides a reconciliation of the numerator and denominator for the years presented:

		For the year ended December 31,
		2020				2021				2022
Numerator:
Net income/(loss) from continuing operations attributable to SunCar’s ordinary shareholders		$	3,403			$	3,942			$	(5,675	)
Net loss from discontinued operations attributable to SunCar’s ordinary shareholders			(16,396	)			(27,663	)			(994	)
Numerator for basic and diluted net loss per share calculation		$	(12,993	)		$	(23,721	)		$	(6,669	)
Denominator:
Weighted average number of ordinary shares			225,000,000				225,000,000				225,000,000
Incremental weighted average number of ordinary shares from assumed conversion of preferred shares using if-converted method			193,668,614				193,668,614				193,668,614
Net income/(loss) from continuing operations attributable to SunCar’s ordinary shareholders per ordinary share
—Basic		$	0.01			$	0.01			$	(0.03	)
—Diluted		$	0.01			$	0.01			$	(0.03	)
Net loss from discontinued operations attributable to SunCar’s ordinary shareholders per ordinary share
—Basic and diluted		$	(0.07	)		$	(0.12	)		$	0.00
Net loss attributable to SunCar’s ordinary shareholders per ordinary share
—Basic and diluted		$	(0.06	)		$	(0.11	)		$	(0.03	)

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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
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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