Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS??? EQUITY (Tables)

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STOCKHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2024
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, 2024
 
Class A shares sold     8,842  
Gross proceeds   $ 12,684  
Fees paid to sales agent   $ 381  
Net proceeds   $ 12,303  
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):

 

(in thousands, except per share data)   2024     2023     2024     2023  
    Three months ended June 30,     Six months ended June 30,  
(in thousands, except per share data)   2024     2023     2024     2023  
                         
Numerator:                                
Net loss   $ (632 )   $ (9,024 )   $ (5,123 )   $ (17,771 )
Less: Net income (loss) attributable to non-controlling interests     (17 )     8       (17 )     (46 )
Net loss attributable to Class A common stockholders   $ (615 )   $ (9,032 )   $ (5,106 )   $ (17,725 )
Denominator:                                
Weighted average shares of Class A common stock outstanding     462       145       373       145  
Net loss per share of Class A common stock - basic and diluted   $ (1.33 )   $ (62.29 )   $ (13.69 )   $ (122.24 )