Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2022

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.