Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.22.2.2
Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2022
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) Three Months Ended
June 30, 2022		 Six Months Ended
June 30, 2022		 August 2021 (Inception) through
June 30, 2022
Class A shares sold* 295,826  852,562  972,624 
Gross proceeds $ 2,292  $ 9,303  $ 12,684 
Fees paid to sales agent $ 69  $ 279  $ 381 
Net proceeds $ 2,223  $ 9,024  $ 12,303 
*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 June 30, Six months ended June 30,
(in thousands, except per share data) 2022 2021 2022 2021
Numerator:
Net loss $ (14,481) $ (5,840) $ (33,230) $ (13,554)
Less: Net loss attributable to non-controlling interests (2,357) (2,797) (5,774) (6,255)
Net loss attributable to Class A common stockholders $ (12,124) $ (3,043) $ (27,456) $ (7,299)
Denominator:
Weighted average shares of Class A common stock outstanding* 5,337  942  4,925  805 
Net loss per share of Class A common stock - basic and diluted* $ (2.27) $ (3.23) $ (5.57) $ (9.07)
*After giving effect to the one-for-20 Reverse Stock Split effective August 9, 2022.