Earnings per share is calculated utilizing net loss available to common stockholders of the Company during the three months ended March 31, 2024, divided by the weighted average number of shares of TKO Class A common stock outstanding during the same period. Diluted EPS is calculated by dividing the net loss available to common stockholders by the diluted weighted average shares outstanding during the same period. The Company’s outstanding equity-based compensation awards under its equity-based compensation arrangements (refer to Note 12, Equity-based Compensation) were anti-dilutive during the period.

The following table presents the computation of net loss per share and weighted average number of shares of the Company’s common stock outstanding for the period presented (dollars in thousands, except per share data):



	Three Months Ended
	March 31, 2024
Basic and diluted net loss per share
Numerator
Net loss attributable to TKO Group Holdings, Inc.	$	(103,840)

Denominator
Weighted average Class A Common Shares outstanding - Basic and diluted		82,351,654

Basic and diluted net loss per share	$	(1.26)

Securities that are anti-dilutive this period
Unvested RSUs		2,411,618
Unvested PSUs		317,376
TKO Class B Common Shares		89,616,891