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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenues, net $ 120,271 $ 117,882 $ 240,304 $ 224,609
Cost of revenues 71,331 82,408 149,644 148,557
Gross profit 48,940 35,474 90,660 76,052
Operating expenses:        
Marketing and sales 41,377 46,379 82,839 84,552
General and administrative 18,117 26,437 37,845 50,104
Research and development 3,986 2,925 7,652 6,297
Total operating expenses 63,480 75,741 128,336 140,953
Operating loss (14,540) (40,267) (37,676) (64,901)
Other income (expense):        
Interest expense (4,161) (352) (8,635) (554)
Other income, net 53 37 4,447 110
Loss on extinguishment of debt (3,394) (1,217)
Change in fair value – warrant liabilities 18,693 (4,906)
Total other income (expense), net 14,585 (315) (12,488) (1,661)
Net income (loss) before income taxes 45 (40,582) (50,164) (66,562)
Income tax expense (54) (72) (113) (144)
Net income (loss) (9) (40,654) (50,277) (66,706)
Net loss attributable to noncontrolling interest (36) (167) (87) (286)
Net income (loss) attributable to Purple Innovation, Inc. $ 27 $ (40,487) $ (50,190) $ (66,420)
Net income (loss) per share:        
Basic (in Dollars per share) $ 0 $ (0.39) $ (0.47) $ (0.65)
Diluted (in Dollars per share) $ 0 $ (0.39) $ (0.47) $ (0.65)
Weighted average common shares outstanding:        
Basic (in Shares) 107,489 105,079 106,755 101,760
Diluted (in Shares) 107,779 105,079 106,755 101,760