| STOCKHOLDERS' EQUITY |
Condensed Consolidated Statements of Stockholders’ Deficit For the Six Months Ended June 30, 2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Preferred Stock | | | | | | | | | | | | | | | | | Series A Convertible | | | | | | | | | Accumulated | | | | | | | Class A Voting | | Participating | | Depositary Shares of | | | | | Additional | | Other | | | | Total | | | Common Stock | | Preferred Stock | | AMC Preferred | | | | | Paid-in | | Comprehensive | | Accumulated | | Stockholders’ | (In millions, except share and per share data) | | Shares | | Amount | | Shares | | Equity Units | | Amount | | Capital | | Loss | | Deficit | | Equity (Deficit) | Balances December 31, 2022 | | 516,838,912 | | $ | 5.2 | | 7,245,872 | | 724,587,058 | | $ | 0.1 | | $ | 5,045.1 | | $ | (77.3) | | $ | (7,597.6) | | $ | (2,624.5) | Net loss | | — | | | — | | — | | — | | | — | | | — | | | — | | | (235.5) | | | (235.5) | Other comprehensive loss | | — | | | — | | — | | — | | | — | | | — | | | (7.3) | | | — | | | (7.3) | AMC Preferred Equity Units issuance | | — | | | — | | 492,880 | | 49,287,989 | | | — | | | 70.5 | | | — | | | — | | | 70.5 | Antara Forward Purchase Agreement (2) | | — | | | — | | 1,976,213 | | 197,621,297 | | | — | | | 193.7 | | | — | | | — | | | 193.7 | Taxes paid for restricted unit withholdings | | — | | | — | | — | | — | | | — | | | (13.1) | | | — | | | — | | | (13.1) | Stock-based compensation (1) | | 2,353,477 | | | — | | 26,944 | | 2,694,450 | | | — | | | 25.9 | | | — | | | — | | | 25.9 | Balances March 31, 2023 | | 519,192,389 | | $ | 5.2 | | 9,741,909 | | 974,190,794 | | $ | 0.1 | | $ | 5,322.1 | | $ | (84.6) | | $ | (7,833.1) | | $ | (2,590.3) | Net earnings | | — | | | — | | — | | — | | | — | | | — | | | — | | | 8.6 | | | 8.6 | Other comprehensive loss | | — | | | — | | — | | — | | | — | | | — | | | (40.0) | | | — | | | (40.0) | AMC Preferred Equity Units issuance | | — | | | — | | 212,156 | | 21,215,619 | | | — | | | 32.7 | | | — | | | — | | | 32.7 | Taxes paid for restricted unit withholdings | | — | | | — | | — | | — | | | — | | | (1.1) | | | — | | | — | | | (1.1) | Stock-based compensation | | — | | | — | | — | | — | | | — | | | 7.5 | | | — | | | — | | | 7.5 | Balances June 30, 2023 | | 519,192,389 | | $ | 5.2 | | 9,954,065 | | 995,406,413 | | | 0.1 | | $ | 5,361.2 | | $ | (124.6) | | $ | (7,824.5) | | $ | (2,582.6) |
| (1) | Includes 85,552 Class A common stock shares and 153,696 AMC Preferred Equity Units awarded to the Board of Directors, 2,267,925 vested Class A common stock RSUs and PSUs, and 2,540,754 AMC Preferred Equity Units RSUs and PSUs. |
| (2) | Includes $75.1 million of cash proceeds and $118.6 million carrying value of the debt exchanged for AMC Preferred Equity Units. |
Condensed Consolidated Statements of Stockholders’ Deficit For the Six Months Ended June 30, 2022 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Preferred Stock | | | | | | | | | | | | | | | | | Series A Convertible | | | | | | | | | Accumulated | | | | | | | Class A | | Participating | | Depositary Shares of | | | | | Additional | | Other | | | | Total AMC | | | Common Stock | | Preferred Stock | | AMC Preferred | | | | | Paid-in | | Comprehensive | | Accumulated | | Stockholders’ | (In millions, except share and per share data) | | Shares | | Amount | | Shares | | Equity Units | | Amount | | Capital | | Income (Loss) | | Deficit | | Equity (Deficit) | Balances December 31, 2021 | | 513,979,100 | | $ | 5.1 | | 5,139,791 | | 513,979,100 | | $ | 0.1 | | $ | 4,857.4 | | $ | (28.1) | | $ | (6,624.0) | | $ | (1,789.5) | Net loss | | — | | | — | | — | | — | | | — | | | — | | | — | | | (337.4) | | | (337.4) | Other comprehensive loss | | — | | | — | | — | | — | | | — | | | — | | | (5.8) | | | — | | | (5.8) | Taxes paid for restricted unit withholdings | | — | | | — | | — | | — | | | — | | | (52.2) | | | — | | | — | | | (52.2) | Stock-based compensation (1) | | 2,841,495 | | | 0.1 | | 28,415 | | 2,841,495 | | | — | | | 6.5 | | | — | | | — | | | 6.6 | Balances March 31, 2022 | | 516,820,595 | | $ | 5.2 | | 5,168,206 | | 516,820,595 | | $ | 0.1 | | $ | 4,811.7 | | $ | (33.9) | | $ | (6,961.4) | | $ | (2,178.3) | Net loss | | — | | | — | | — | | — | | | — | | | — | | | — | | | (121.6) | | | (121.6) | Other comprehensive income | | — | | | — | | — | | — | | | — | | | — | | | (46.3) | | | — | | | (46.3) | Stock-based compensation | | — | | | — | | — | | — | | | — | | | 19.4 | | | — | | | — | | | 19.4 | Balances June 30, 2022 | | 516,820,595 | | $ | 5.2 | | 5,168,206 | | 516,820,595 | | $ | 0.1 | | $ | 4,831.1 | | $ | (80.2) | | $ | (7,083.0) | | $ | (2,326.8) |
| (1) | Includes 41,650 Class A common stock shares and 41,650 AMC Preferred Equity Units awarded to Board of Directors, 2,799,845 vested Class A common stock RSUs and PSUs, and 2,799,845 vested AMC Preferred Equity Units RSUs and PSUs. |
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