v3.25.2
NET LOSS PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income (Loss) Per Share
The following table sets forth the computation of Basic and diluted net loss per share (in thousands, except per share data):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Numerator:
Net loss attributable to Wheels Up Experience Inc. - basic and diluted$(82,299)$(96,973)$(181,612)$(194,366)
Denominator:
Weighted-average shares of Common Stock outstanding - basic and diluted698,996,977 697,458,966 698,641,618 697,403,388 
Basic and diluted net loss per share of Common Stock$(0.12)$(0.14)$(0.26)$(0.28)
Schedule of Anti-dilutive Securities
The following securities were not included in the computation of diluted shares outstanding, because the effect would be anti-dilutive, and issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period:
June 30,
20252024
Warrants(1)
1,252,149 1,252,149 
Earnout Shares900,000 900,000 
RSUs and PSUs
21,914,000 6,459,297 
Stock options886,810 1,081,993 
Total anti-dilutive securities24,952,959 9,693,439 
(1)     Each Warrant entitles the holder to purchase 1/10th of one share of Common Stock at a price of $115.00 per whole share of Common Stock.