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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Summary of Net Loss and Weighted Average Basic and Diluted Shares Outstanding

The following table summarizes net loss attributable to the Company and the weighted average basic and basic and diluted shares outstanding:

 

 

Year Ended

December 31, 2021

 

Year Ended

December 31, 2020

 

From July 11, 2019 to December 31, 2019

Loss before income tax expense

 

$(86,727,719)

 

$(129,724,270)

 

$(51,810,162)

Less: Net loss attributable to non-controlling interests

 

(5,952,390)

 

(11,769,683)

 

(15,271,043)

Income tax benefit

 

30,691,156

 

12,358,025

 

4,990,989

Net loss attributable to the Company

 

$(50,084,173)

 

$(105,596,562)

 

$(31,548,130)

 

 

 

 

 

 

 

Weighted average shares of Class A common stock outstanding - basic and diluted

 

83,318,189

 

52,180,911

 

35,731,220

 

 

 

 

 

 

 

Loss per share of Class A common stock outstanding - basic and diluted

 

$(0.60)

 

$(2.02)

 

$(0.88)

 

 

 

 

 

 

 

 

Summary of Components of Common Stock Equivalent Shares Excluded from Computation of Diluted Loss per Share

For the years ended December 31, 2021 and 2020, and the period from July 11, 2019 to December 31, 2019, the following common stock equivalent shares were excluded from the computation of the diluted loss per share, since their inclusion would have been anti-dilutive:

 

 

Year Ended

December 31, 2021

 

Year Ended

December 31, 2020

 

From July 11, 2019 to December 31, 2019

Post-Merger Repay Units exchangeable for Class A common stock

 

7,926,576

 

8,334,160

 

21,985,297

Earnout Post-Merger Repay Units exchangeable for Class A common stock

 

 

 

7,500,000

Dilutive warrants exercisable for Class A common stock

 

 

 

1,816,890

Unvested restricted share awards of Class A common stock

 

2,515,634

 

2,209,551

 

1,731,560

2026 Notes convertible for Class A common stock

 

13,095,238

 

 

Share equivalents excluded from earnings (loss) per share

 

23,537,448

 

10,543,711

 

33,033,747