v3.25.1
Earnings (Loss) Per Share (Tables)
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net (Loss) Profit per Share

The following table sets forth the computation of the Company’s basic and diluted net (loss) income per share:

 

 

 

 

Year Ended

 

 

 

 

December 31, 2024

 

Numerator:

 

 

 

 

Net loss

 

$

(101,495)

 

Less: Net loss attributable to redeemable noncontrolling interests

 

 

(73,384)

 

Less: Net loss attributable to noncontrolling interests

 

 

(7,037)

 

Add: Series A Preferred Dividends

 

 

(3,258)

 

Add: Series B Preferred Dividends

 

 

(1,233)

 

Basic Net loss attributable to common stockholders

 

$

(25,565)

 

 

 

 

 

 

Denominator:

 

 

 

 

Weighted Average Class A Common Stock outstanding

 

 

17,757,741

 

Weighted Average Class A Common Stock issuable under Series A Penny Warrants

 

 

1,051,749

 

Weighted Average Class A Common Stock issuable under Series B Penny Warrants

 

 

5,000,000

 

Weighted Average Shares Outstanding - basic and diluted

 

 

23,809,490

 

 

 

 

 

 

Basic and Diluted Earnings Loss Per Share

 

 

 

 

Basic

 

$

(1.07)

 

Diluted

 

$

(1.07)

 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table summarizes potentially dilutive outstanding securities for the year ended December 31, 2024 which were excluded from the calculation of diluted EPS, because their effect would have been anti-dilutive:

 

Public warrants

 

 

2,519,869

 

Private Placement Warrants

 

 

4,333,333

 

Penny Warrants

 

 

1,274,742

 

Total anti-dilutive features

 

 

8,127,944