Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.22.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Reconciliation of Net Income and Common Stock Share Amounts Used in the Computation of Basic and Diluted Earnings Per Share
A reconciliation of net earnings (loss) and common stock share amounts used in the computation of basic and diluted earnings per share is presented below.
Three Months Ended June 30,
Six Months Ended June 30,
2022 2021 2022 2021
Basic and dilutive earnings (loss) per common share:
Net income ((loss) attributable to Blade Air Mobility, Inc. $ 8,412  $ (24,286) $ (2,600) $ (28,507)
Less: Undistributed earnings allocated to nonvested restricted stockholders (256) —  —  — 
Basic net earnings (loss) available to common stockholders 8,156  (24,286) (2,600) (28,507)
Add: Undistributed earnings allocated to nonvested restricted stockholders 256  —  —  — 
Less: Reallocation of undistributed earnings to nonvested restricted stockholders (233) —  —  — 
Diluted net earnings (loss) available to common stockholders 8,179  (24,286) (2,600) (28,507)
Total weighted-average basic common shares outstanding 71,051,523  51,569,634  70,913,597  38,547,863 
Effect of dilutive securities:
Stock options 7,445,833  —  —  — 
Total effect of dilutive securities 7,445,833  —  —  — 
Total weighted-average diluted common shares outstanding 78,497,356  51,569,634  70,913,597  38,547,863 
Net earnings (loss) per common share:
Basic earnings (loss) per common share $ 0.11  $ (0.47) $ (0.04) $ (0.74)
Dilutive earnings (loss) per common share $ 0.10  $ (0.47) $ (0.04) $ (0.74)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share The following table represents common stock equivalents that were excluded from the computation of diluted earnings per share for the three and six months ended June 30, 2022 and 2021, because the effect of their inclusion would be anti-dilutive:
Three Months Ended June 30,
Six Months Ended June 30,
2022 2021 2022 2021
Warrants to purchase shares of common stock 14,166,644  14,166,666  14,166,644  14,166,666 
Options to purchase shares of common stock —  9,689,826  7,644,533  9,689,826 
Restricted shares of common stock
1,051,549  703,137  2,354,229  703,137 
Total potentially dilutive securities 15,218,193  24,559,629  24,165,406  24,559,629