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NET LOSS PER SHARE OR UNIT (Tables) | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Schedule of Basic and Diluted Net Loss Per Share | Basic and diluted net loss per share was calculated as follows:
| Successor |  |  | Predecessor
| Three Months Ended March 31, 2023 |  |  | Period from January 27, 2022 through March 31, 2022 |  |  | Period from January 1, 2022 through January 26, 2022
Basic and diluted net loss per share | $ | (0.37) |  |  |  | $ | (0.44) |  |  |  | n/a
Numerator: |  |  |  |  |  |  |
Net loss attributable to System1, Inc. | (33,952) |  |  |  | (36,069) |  |  |  | n/a
Denominator: |  |  |  |  |  |  |
Weighted-average common shares outstanding used in computing basic net loss per share (shares in thousands) | 92,460 |  |  |  | 82,708 |  |  |  | n/a
Basic and diluted net loss per unit | n/a |  |  | n/a |  |  | $ | (1.81) |
Numerator: |  |  |  |  |  |  |
Net loss | n/a |  |  | n/a |  |  | $ | (37,061) |
Denominator: |  |  |  |  |  |  |
Weighted-average membership units outstanding - basic and diluted (units in thousands) | n/a |  |  | n/a |  |  | 20,488 |

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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 + Details
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