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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
1 Months Ended 11 Months Ended 12 Months Ended
Jan. 26, 2022
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Revenue $ 52,712 $ 773,940 $ 688,389
Operating costs and expenses:      
Cost of revenues (excluding depreciation and amortization) 41,507 538,779 521,113
Salaries and benefits 31,181 194,976 66,747
Selling, general, and administrative 15,665 63,478 35,813
Depreciation and amortization 1,000 118,652 13,885
Impairment of goodwill 0 366,309 0
Total operating costs and expenses 89,353 1,282,194 637,558
Operating income (loss) (36,641) (508,254) 50,831
Other expense:      
Interest expense 1,049 32,050 16,870
Change in fair value of warrant liabilities 0 3,751 0
Total other expense 1,049 35,801 16,870
Income (loss) before income tax (37,690) (544,055) 33,961
Income tax (benefit) provision (629) (101,976) 965
Net income (loss) (37,061) (442,079) 32,996
Net loss attributable to non-controlling interest 0 (105,682) 0
Net income (loss) attributable to System1, Inc. $ (37,061) $ (336,397) $ 32,996
Basic net loss per share (in dollars per share)   $ (3.77)  
Diluted net loss per share (in dollars per share)   $ (3.77)  
Weighted average number of shares outstanding - basic (in shares)   89,251  
Weighted average number of shares outstanding - diluted (in shares)   89,251  
Basic net income (loss) per unit (in dollars per share) $ (1.81)   $ 1.61
Diluted net income (loss) per unit (in dollars per share) $ (1.81)   $ 1.61
Weighted average units outstanding - basic (in shares) 20,488   20,488
Weighted average units outstanding - diluted (in shares) 20,488   20,488