Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited)

v3.23.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
ATM Program
June 2022 Offering
Additional Paid-In Capital
Additional Paid-In Capital
ATM Program
 [1]
Additional Paid-In Capital
June 2022 Offering
 [1]
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Non- Controlling Interest
Class A Common Stock
Class A Common Stock
Common Stock
Class A Common Stock
Common Stock
ATM Program
Class A Common Stock
Common Stock
June 2022 Offering
Class B Common Stock
Class B Common Stock
Common Stock
Balance, beginning of period (in shares) at Dec. 31, 2021 [1]                     426       109
Balance, beginning of period at Dec. 31, 2021 $ 196,364     $ 229,744 [1]     $ (55,544) $ 324 $ 21,836   $ 4 [1]       $ 0 [1]
Increase (Decrease) in Stockholders' Equity                              
Net loss (18,749)           (15,332)   (3,417)            
Equity-based compensation (in shares) [1]                     9        
Equity-based compensation 902     730 [1]         172            
Issuance of Class A shares, net of costs (in shares) [1]                       56      
Issuance of Class A shares, net of costs   $ 6,801     $ 6,800             $ 1 [1]      
Issuance of Class A shares (in shares) [1]                     19        
Issuance of Class A shares 3,486     3,486 [1]                      
Exchanges of noncontrolling interest for Class A common stock (in shares) [1]                     3       (3)
Exchanges of noncontrolling interest for Class A common stock 0     543 [1]         (543)            
Other comprehensive income (loss) 446             361 85            
Balance, end of period (in shares) at Mar. 31, 2022 [1]                     513       106
Balance, end of period at Mar. 31, 2022 189,250     241,303 [1]     (70,876) 685 18,133   $ 5 [1]       $ 0 [1]
Balance, beginning of period (in shares) at Dec. 31, 2021 [1]                     426       109
Balance, beginning of period at Dec. 31, 2021 196,364     229,744 [1]     (55,544) 324 21,836   $ 4 [1]       $ 0 [1]
Increase (Decrease) in Stockholders' Equity                              
Net loss (33,230)                            
Reclassification adjustment for gain included in net loss (Note 4) (332)                            
Other comprehensive income (loss) 384                            
Balance, end of period (in shares) at Jun. 30, 2022 [1]                     609       106
Balance, end of period at Jun. 30, 2022 182,395     249,247 [1]     (83,000) 291 15,851   $ 6 [1]       $ 0 [1]
Balance, beginning of period (in shares) at Dec. 31, 2021 [1]                     426       109
Balance, beginning of period at Dec. 31, 2021 196,364     229,744 [1]     (55,544) 324 21,836   $ 4 [1]       $ 0 [1]
Increase (Decrease) in Stockholders' Equity                              
Net loss (125,900)                            
Balance, end of period (in shares) at Dec. 31, 2022                   1,599 1,599 [1]     0 0 [1]
Balance, end of period at Dec. 31, 2022 95,359     266,653 [1]     (171,365) 55 1   $ 15 [1]       $ 0 [1]
Balance, beginning of period (in shares) at Mar. 31, 2022 [1]                     513       106
Balance, beginning of period at Mar. 31, 2022 189,250     241,303 [1]     (70,876) 685 18,133   $ 5 [1]       $ 0 [1]
Increase (Decrease) in Stockholders' Equity                              
Net loss (14,481)           (12,124)   (2,357)            
Equity-based compensation 446     371 [1]         75            
Issuance of Class A shares, net of costs (in shares) [1]                       30 59    
Issuance of Class A shares, net of costs   $ 2,224 $ 5,040   $ 2,224 $ 5,039             $ 1 [1]    
Issuance of Class A shares (in shares) [1]                     7        
Issuance of Class A shares 310     310 [1]                      
Reclassification adjustment for gain included in net loss (Note 4) (332)             (332)              
Other comprehensive income (loss) (62)             (62)              
Balance, end of period (in shares) at Jun. 30, 2022 [1]                     609       106
Balance, end of period at Jun. 30, 2022 182,395     249,247 [1]     (83,000) 291 15,851   $ 6 [1]       $ 0 [1]
Balance, beginning of period (in shares) at Dec. 31, 2022                   1,599 1,599 [1]     0 0 [1]
Balance, beginning of period at Dec. 31, 2022 95,359     266,653 [1]     (171,365) 55 1   $ 15 [1]       $ 0 [1]
Increase (Decrease) in Stockholders' Equity                              
Net loss (10,248)           (10,194)   (54)            
Equity-based compensation 110     110 [1]                      
Issuance of Class A shares 95     95 [1]                      
Other comprehensive income (loss) 178             178              
Balance, end of period (in shares) at Mar. 31, 2023 [1]                     1,599       0
Balance, end of period at Mar. 31, 2023 85,494     266,858 [1]     (181,559) 233 (53)   $ 15 [1]       $ 0 [1]
Balance, beginning of period (in shares) at Dec. 31, 2022                   1,599 1,599 [1]     0 0 [1]
Balance, beginning of period at Dec. 31, 2022 95,359     266,653 [1]     (171,365) 55 1   $ 15 [1]       $ 0 [1]
Increase (Decrease) in Stockholders' Equity                              
Net loss (20,773)                            
Other comprehensive income (loss) 205                            
Balance, end of period (in shares) at Jun. 30, 2023                   1,598 1,598 [1]     0 0 [1]
Balance, end of period at Jun. 30, 2023 75,050     266,912 [1]     (192,092) 260 (45)   $ 15 [1]       $ 0 [1]
Balance, beginning of period (in shares) at Mar. 31, 2023 [1]                     1,599       0
Balance, beginning of period at Mar. 31, 2023 85,494     266,858 [1]     (181,559) 233 (53)   $ 15 [1]       $ 0 [1]
Increase (Decrease) in Stockholders' Equity                              
Net loss (10,525)           (10,533)   8            
Equity-based compensation forfeiture, net (in shares)                     (1)        
Equity-based compensation forfeiture, net (11)     (11)                      
Issuance of Class A shares 65     65                      
Other comprehensive income (loss) 27             27              
Balance, end of period (in shares) at Jun. 30, 2023                   1,598 1,598 [1]     0 0 [1]
Balance, end of period at Jun. 30, 2023 $ 75,050     $ 266,912 [1]     $ (192,092) $ 260 $ (45)   $ 15 [1]       $ 0 [1]
[1] After giving effect to the Reverse Stock Splits - See Note 9 - Stockholders' Equity.