Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.23.4
Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
Summarizes 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
June 30, 2023
Class A shares sold* 97,262 
Gross proceeds $ 12,684 
Fees paid to sales agent $ 381 
Net proceeds $ 12,303 
*After giving effect to the Reverse Stock Splits.
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 June 30, Six months ended June 30,
(in thousands, except per share data) 2023 2022 2023 2022
(As restated) (As restated)
Numerator:
Net loss $ (9,024) $ (14,481) $ (17,771) $ (33,230)
Less: Net loss attributable to non-controlling interests 8  (2,357) (46) (5,774)
Net loss attributable to Class A common stockholders $ (9,032) $ (12,124) $ (17,725) $ (27,456)
Denominator:
Weighted average shares of Class A common stock outstanding* 1,599  534  1,599  493 
Net loss per share of Class A common stock - basic and diluted* $ (5.65) $ (22.70) $ (11.08) $ (55.70)
*After giving effect to the Reverse Stock Splits.