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Net Income (Loss) Per Common Share (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Net Income (Loss) Per Common Share

The following table sets forth the computation of net income (loss) per common share:

		Three Months Ended September 30,								Nine Months Ended September 30,
(in thousands, except share and per share data)		2024				2023				2024				2023
Net income (loss) per common share
Numerator:
Net income (loss) attributable to biote Corp. stockholders (basic and diluted)		$	10,702			$	7,530			$	(546	)		$	(4,418	)
Denominator:
Weighted average shares outstanding - basic			31,045,174				30,334,193				33,235,662				22,921,401
Effect of dilutive securities			1,215,635				707,052				—				—
Weighted average shares outstanding - diluted			32,260,809				31,041,245				33,235,662				22,921,401
Net income (loss) per common share
Basic		$	0.34			$	0.25			$	(0.02	)		$	(0.19	)
Diluted		$	0.33			$	0.24			$	(0.02	)		$	(0.19	)

Schedule of Computation of Diluted Weighted Average Shares Outstanding

The Company excluded the following potential shares, presented based on amounts outstanding at each period end, from the computation of diluted weighted average shares outstanding for the periods indicated because including them would have had an antidilutive effect:

		Three Months Ended September 30,								Nine Months Ended September 30,
		2024				2023				2024				2023
RSUs			—				—				69,827				695,392
Stock Options			6,298,547				3,686,536				11,125,738				8,087,911
Class V Voting Stock			5,221,653				28,819,066				5,221,653				28,819,066
Earnout Voting Shares			2,028,226				10,000,000				2,028,226				10,000,000
Sponsor Earnout Shares			1,587,500				1,587,500				1,587,500				1,587,500
			15,135,926				44,093,102				20,032,944				49,189,869

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

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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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