v3.25.2
Net Loss Per Common Share (Tables)
 6 Months Ended
Jun. 30, 2025
Net Loss Per Common Share [Abstract]  
Schedule of Basic and Diluted Weighted Average Shares Outstanding and Loss Per Share

The following table sets forth the calculation of basic and diluted weighted average shares outstanding and net loss per share for the periods presented (in thousands, except per share amounts):

 

   Three Months Ended
June 30,		   Six Months Ended
June 30,		 
   2025   2024   2025   2024 
Numerator:                
Net income (loss) attributable to Purple Innovation, Inc. – basic  $(17,345)  $27   $(36,482)  $(50,190)
Less – net loss attributed to noncontrolling interest   
—
    (36)   
—
    
—
 
Net income (loss) attributable to Purple Innovation, Inc. – diluted  $(17,345)  $(9)  $(36,482)  $(50,190)
Denominator:                    
Weighted average shares—basic   108,230    107,489    107,915    106,755 
Add – dilutive effect of Class B common stock   
—
    205    
—
    
—
 
Add – dilutive effect of equity securities   
—
    85    
—
    
—
 
Weighted average shares—diluted   108,230    107,779    107,915    106,755 
Net loss per common share:                    
Basic  $(0.16)  $0.00   $(0.34)  $(0.47)
Diluted  $(0.16)  $(0.00)  $(0.34)  $(0.47)
Schedule of Diluted Net Loss Per Common Share Potentially dilutive securities that have been excluded from the calculation of diluted net loss per common share are as follows (in thousands):
   Three Months Ended
June 30,		   Six Months Ended
June 30,		 
   2025   2024   2025   2024 
Warrants   40,787    20,000    40,787    20,000 
Restricted stock units   3,188    2,128    3,188    4,270 
Stock options   500    554    500    554 
Class B common stock   165    
—
    165    205