Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.22.2.2
Stockholders' Equity (Tables)
9 Months Ended
Sep. 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
September 30, 2022
Nine Months Ended
September 30, 2022
August 2021 (Inception) through
September 30, 2022
Class A shares sold* —  852,562  972,624 
Gross proceeds $ —  $ 9,303  $ 12,684 
Net proceeds $ —  $ 9,024  $ 12,303 
Fees paid to sales agent $ —  $ 279  $ 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 September 30, Nine months ended September 30,
(in thousands, except per share data) 2022 2021 2022 2021
Numerator:
Net loss $ (79,215) $ (28,715) $ (112,445) $ (42,269)
Less: Net loss attributable to non-controlling interests (4,106) (12,434) (9,880) (18,689)
Net loss attributable to Class A common stockholders $ (75,109) $ (16,281) $ (102,565) $ (23,580)
Denominator:
Weighted average shares of Class A common stock outstanding* 6,574  1,987  5,694  1,203 
Net loss per share of Class A common stock - basic and diluted* $ (11.43) $ (8.19) $ (18.01) $ (19.60)
*After giving effect to the one-for-20 Reverse Stock Split effective August 9, 2022.