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Loss Per Share
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
LOSS PER SHARE

NOTE 9 – LOSS PER SHARE

 

The Atlas Business Combination was structured as a reverse capitalization by which the Company issued stock for the net assets of Atlas Intermediate accompanied by a recapitalization. Earnings per share is calculated for the Company only for periods after the Atlas Business Combination due to the reverse recapitalization.

 

(Loss) per share was calculated as follows:

 

   For the year ended   Closing Date
Through
 
   December 31,
2021
   December 31,
2020
 
Numerator:        
Net (loss) post Atlas Business Combination  $(29,705)  $(6,600)
Provision for non-controlling interest   13,216    16,558 
Redeemable preferred stock dividends   (5,899)   (16,161)
Net (loss) attributable to Class A common shares - basic and diluted  $(22,388)  $(6,203)
           
Denominator:          
Weighted average shares outstanding - basic and diluted   27,799,511    6,696,473 
           
Net (loss) per Class A common share, basic and diluted  $(0.81)  $(0.93)