Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

v3.23.1
Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 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) Year Ended
December 31, 2022
August 2021 (Inception) through
December 31, 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):
For the year ended December 31,
(in thousands, except per share data) 2022 2021
Numerator:
Net loss $ (125,858) $ (53,423)
Less: Net loss attributable to non-controlling interests (10,098) (22,840)
Net loss attributable to Class A common stockholders $ (115,760) $ (30,583)
Denominator:
Weighted average shares of Class A common stock outstanding* 7,531  1,930 
Net loss per share of Class A common stock - basic and diluted* $ (15.37) $ (15.85)
*After giving effect to the one-for-20 Reverse Stock Split effective August 9, 2022.