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v3.21.1

Restatement of Previously Issued Consolidated Financial Statements (Details) - Schedule of consolidated statements of operations, including the balances as reported, adjustments and the as restated balances - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 6 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | --- | ---
Dec. 31, 2020 | Sep. 30, 2020 | Jun. 30, 2020 | Mar. 31, 2020 | Dec. 31, 2019 | Sep. 30, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | Sep. 30, 2020 | Sep. 30, 2019 | Dec. 31, 2020 | Dec. 31, 2019
As Reported [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Condensed Statement of Income Captions [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Change in fair value - warrant liabilities | $ (59,418) | $ (17,971) | $ (38,970) | $ 13,633 | $ (16,758) | $ (1,384) | $ (3,685) | $ 1,697 | $ (25,337) | $ (1,988) | $ (43,308) | $ (3,372) | $ (59,418) | $ (16,758)
Total other income (expense), net | (104,100) | (25,549) | (73,201) | 12,212 | (28,193) | (2,602) | (4,980) | (5,517) | (60,989) | (10,497) | (86,538) | (13,099) |  |
Net income (loss) before income taxes | (32,874) | (1,275) | (41,250) | 19,717 | (11,979) | 8,411 | (7,341) | (720) | (21,533) | (8,061) | (22,808) | 350 |  |
Net income (loss) | 10,875 | (1,169) | (5,822) | 20,001 | (12,379) | 8,411 | (7,341) | (720) | 14,179 | (8,061) | 13,010 | 350 |  |
Net income (loss) attributable to Purple Innovation, Inc. | $ 3,788 | $ (1,022) | $ (1,981) | $ 8,835 | $ (4,027) | $ 1,594 | $ (1,338) | $ (130) | $ 6,854 | $ (1,468) | $ 5,832 | $ 126 |  |
Net loss per common share - basic and diluted (in Dollars per share) |  |  |  |  |  |  | $ (0.16) | $ (0.02) |  | $ (0.17) |  |  |  |
Net income (loss) per common share - basic (in Dollars per share) | $ 0.10 | $ (0.02) | $ (0.07) | $ 0.39 | $ (0.40) | $ 0.18 |  |  | $ 0.26 |  | $ 0.18 | $ 0.01 |  |
Net income (loss) per common share - diluted (in Dollars per share) | $ 0.08 | $ (0.02) | $ (0.11) | $ 0.11 | $ (0.40) | $ 0.16 |  |  | $ 0.26 |  | $ 0.16 | $ 0.01 |  |
Adjustment [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Condensed Statement of Income Captions [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Change in fair value - warrant liabilities | $ (240,655) | $ (85,991) | $ (91,294) | $ 8,000 | $ (18,546) | $ (1,200) | $ (3,936) | $ 93 | $ (83,294) | $ (3,843) | $ (169,285) | $ (5,043) | (240,655) | (18,546)
Total other income (expense), net | (240,655) | (85,991) | (91,294) | 8,000 | (18,546) | (1,200) | (3,936) | 93 | (83,294) | (3,843) | (169,285) | (5,043) |  |
Net income (loss) before income taxes | (240,655) | (85,991) | (91,294) | 8,000 | (18,546) | (1,200) | (3,936) | 93 | (83,294) | (3,843) | (169,285) | (5,043) |  |
Net income (loss) | (240,655) | (85,991) | (91,294) | 8,000 | (18,546) | (1,200) | (3,936) | 93 | (83,294) | (3,843) | (169,285) | (5,043) |  |
Net income (loss) attributable to Purple Innovation, Inc. | $ (240,655) | $ (85,991) | $ (91,294) | $ 8,000 | $ (18,546) | $ (1,200) | $ (3,936) | $ 93 | $ (83,294) | $ (3,843) | $ (169,285) | $ (5,043) |  |
Net loss per common share - basic and diluted (in Dollars per share) |  |  |  |  |  |  | $ (0.46) | $ 0.01 |  | $ (0.46) |  |  |  |
Net income (loss) per common share - basic (in Dollars per share) | $ (6.14) | $ (1.95) | $ (3.12) | $ 0.35 | $ (1.86) | $ (0.14) |  |  | $ (3.20) |  | $ (5.27) | $ (0.58) |  |
Net income (loss) per common share - diluted (in Dollars per share) | $ (6.12) | $ (1.95) | $ (3.08) | $ 0.32 | $ (1.86) | $ (0.12) |  |  | $ (3.20) |  | $ (5.25) | $ (0.58) |  |
As Restated [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Condensed Statement of Income Captions [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Change in fair value - warrant liabilities | $ (300,073) | $ (103,962) | $ (130,264) | $ 21,633 | $ (35,304) | $ (2,584) | $ (7,621) | $ 1,790 | $ (108,631) | $ (5,831) | $ (212,593) | $ (8,415) | $ (300,073) | $ (35,304)
Total other income (expense), net | (344,755) | (111,540) | (164,495) | 20,212 | (46,739) | (3,802) | (8,916) | (5,424) | (144,283) | (14,340) | (255,823) | (18,142) |  |
Net income (loss) before income taxes | (273,529) | (87,266) | (132,544) | 27,717 | (30,525) | 7,211 | (11,277) | (627) | (104,827) | (11,904) | (192,093) | (4,693) |  |
Net income (loss) | (229,780) | (87,160) | (97,116) | 28,001 | (30,925) | 7,211 | (11,277) | (627) | (69,115) | (11,904) | (156,275) | (4,693) |  |
Net income (loss) attributable to Purple Innovation, Inc. | $ (236,867) | $ (87,013) | $ (93,275) | $ 16,835 | $ (22,573) | $ 394 | $ (5,274) | $ (37) | $ (76,440) | $ (5,311) | $ (163,453) | $ (4,917) |  |
Net loss per common share - basic and diluted (in Dollars per share) |  |  |  |  |  |  | $ (0.62) | $ (0.01) |  | $ (0.63) |  |  |  |
Net income (loss) per common share - basic (in Dollars per share) | $ (6.04) | $ (1.97) | $ (3.19) | $ 0.74 | $ (2.26) | $ 0.04 |  |  | $ (2.94) |  | $ (5.09) | $ (0.57) |  |
Net income (loss) per common share - diluted (in Dollars per share) | $ (6.04) | $ (1.97) | $ (3.19) | $ 0.43 | $ (2.26) | $ 0.04 |  |  | $ (2.94) |  | $ (5.09) | $ (0.57) |  |

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