Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.23.1
Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Schedule of Sales of Our Class A Common Stock
The table below summarizes sales of our Class A common stock under the ATM program:
($ in thousands) August 2021 (Inception) through
March 31, 2023
Class A shares sold* 972,624 
Gross proceeds $ 12,684 
Net proceeds $ 12,303 
Fees paid to sales agent $ 381 
*After giving effect to the one-for-20 Reverse Stock Split effective August 9, 2022.
Schedule of Earnings Per Share, Basic and Diluted
A reconciliation of the numerator and denominator used in the calculation of basic and diluted net loss per share of our Class A common stock is as follows (in thousands, except per share amounts):
Three months ended March 31,
(in thousands, except per share data) 2023 2022
Numerator:
Net loss $ (10,248) $ (18,749)
Less: Net loss attributable to non-controlling interests (54) (3,417)
Net loss attributable to Class A common stockholders $ (10,194) $ (15,332)
Denominator:
Weighted average shares of Class A common stock outstanding* 15,986  4,509 
Net loss per share of Class A common stock - basic and diluted* $ (0.64) $ (3.40)
*After giving effect to the one-for-20 2022 Reverse Stock Split effective August 9, 2022.