| Schedule of Computation of Net Income (Loss) Per Common Share |
The following table sets forth the computation of net income (loss) per common share:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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(in thousands, except share and per share data) |
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2025 |
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2024 |
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2025 |
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2024 |
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Net income (loss) per common share |
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Numerator: |
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Net income (loss) attributable to biote Corp. stockholders (basic and diluted) |
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$ |
3,185 |
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$ |
(7,087 |
) |
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$ |
16,903 |
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$ |
(11,248 |
) |
Denominator: |
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Weighted average shares outstanding - basic |
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31,625,485 |
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33,072,156 |
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31,556,017 |
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34,185,578 |
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Effect of dilutive securities |
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117,677 |
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— |
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5,403,257 |
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— |
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Weighted average shares outstanding - diluted |
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31,743,162 |
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33,072,156 |
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36,959,274 |
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34,185,578 |
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Net income (loss) per common share |
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Basic |
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$ |
0.10 |
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$ |
(0.21 |
) |
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$ |
0.54 |
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$ |
(0.33 |
) |
Diluted |
|
$ |
0.10 |
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$ |
(0.21 |
) |
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$ |
0.46 |
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$ |
(0.33 |
) |
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| Schedule of Computation of Diluted Weighted Average Shares Outstanding |
The Company excluded the following potential shares, presented based on amounts outstanding at each period end, from the computation of diluted weighted average shares outstanding for the periods indicated because including them would have had an antidilutive effect:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2025 |
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2024 |
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|
2025 |
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|
2024 |
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RSUs |
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— |
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121,577 |
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— |
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121,577 |
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Stock Options |
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13,146,085 |
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11,615,972 |
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10,815,887 |
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11,615,972 |
|
Class V Voting Stock |
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5,221,653 |
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5,221,653 |
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— |
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5,221,653 |
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Member Earnout Units |
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2,028,226 |
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2,028,226 |
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2,028,226 |
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2,028,226 |
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Sponsor Earnout Shares |
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1,587,500 |
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1,587,500 |
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1,587,500 |
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1,587,500 |
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21,983,464 |
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20,574,928 |
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14,431,613 |
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20,574,928 |
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