Net Income Per Ordinary Share

3 Months Ended

Mar. 31, 2023

Note 9 — Net Income Per Ordinary Share

Net income per ordinary share is computed by dividing net income by the weighted-average number of ordinary shares outstanding during the period. The Company has not considered the effect of the warrants sold in the initial Public Offering and Private Placement in the calculation of diluted net income per share, since the inclusion of such warrants would be anti-dilutive.

The following tables reflect the calculation of basic and diluted net income per ordinary share:


	Three months ended
	March 31,
	2023		2022
Class A ordinary shares subject to possible redemption
Numerator: Net income allocated to Class A ordinary shares subject to possible redemption	$	91,320	$	17,692,735
Denominator: Weighted average Class A ordinary shares subject to possible redemption outstanding		7,399,446		60,750,000
Basic and diluted net income per Class A ordinary share, subject to possible redemption	$	0.01	$	0.29

Class B non-redeemable ordinary shares
Numerator: Net income	$	278,757	$	22,115,919
Net income allocated to Class A ordinary shares subject to possible redemption		(91,320)		(17,692,735)
Net income allocated to non-redeemable Class B shares	$	187,437	$	4,423,184
Denominator:
Weighted average non-redeemable Class B ordinary shares outstanding		15,187,500		15,187,500
Basic and diluted net income per Class B non-redeemable ordinary share	$	0.01	$	0.29

Bluescape Opportunities Acquisition Corp. 10-Q