SHAREHOLDERS’ EQUITY AND NON-CONTROLLING INTERESTS (Tables)

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

Schedule of Stock by Class

The table below details the change in Pubco shares outstanding by class for the three months ended March 31, 2023:

Shareholders’ Equity	Fixed Shares	Floating Shares	Fixed Shares Held in Treasury	Floating Shares Held in Treasury	Fixed Multiple Shares	Total Shares Outstanding
December 31, 2022	79,047	34,114	(589)	(253)	118	112,437
Issuances	209	78	—	—	—	287
NCI conversions	—	—	—	—	—	—
March 31, 2023	79,256	34,192	(589)	(253)	118	112,724

Schedule of Warrants

A summary of the warrants activity outstanding is as follows:

Warrants	Fixed Shares	Floating Shares
December 31, 2022	5,817	2,524
Expired	—	—
March 31, 2023	5,817	2,524

Schedule of Summarized Financial Information

Summarized financial information of HSCP is presented below. USCo2 does not have discrete financial information separate from HSCP.

HSCP net asset reconciliation	March 31, 2023			December 31, 2022
Current assets	$	80,875		$	118,193
Non-current assets	262,465			237,665
Current liabilities	(4,357)			(9,141)
Non-current liabilities	(240,776)			(239,525)
Other NCI balances	(729)			(725)
Accumulated equity-settled expenses	(241,744)			(240,760)
Net assets	$	(144,266)		$	(134,293)
HSCP/USCo2 ownership % of HSCP	16.30		%	16.33		%
Net assets allocated to USCo2/HSCP	$	(23,515)		$	(21,930)
Net assets attributable to other NCIs	729			725
Total NCI	$	(22,786)		$	(21,205)

	Three Months Ended March 31,
HSCP Summarized Statement of Operations	2023			2022
Net loss allocable to HSCP/USCo2	$	(9,601)		$	(7,080)
HSCP/USCo2 weighted average ownership % of HSCP	16.31		%	17.21		%
Net loss allocated to HSCP/USCo2	$	(1,566)		$	(1,218)
Net loss allocated to other NCIs	(1)			1
Net loss attributable to NCIs	$	(1,567)		$	(1,217)

Schedule of Conversions of Stock

A reconciliation of the beginning and ending amounts of convertible units is as follows:

Convertible Units	March 31, 2023	December 31, 2022
Beginning balance	22,698	23,076
NCI units converted to Pubco	—	(378)
Ending balance	22,698	22,698