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Net Loss Per Common Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share of Class A Common Stock:

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(In thousands except shares and per share amounts)

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator - basic and diluted:

 

 

 

 

 

 

 

 

 

 

 

Net loss

$

(211,848

)

 

$

(210,829

)

 

$

(388,448

)

 

$

(384,975

)

Less: Net loss attributable to the non-controlling interests

 

186,712

 

 

 

202,609

 

 

 

344,430

 

 

 

371,839

 

Net loss attributable to MSP Recovery, Inc.

$

(25,136

)

 

$

(8,220

)

 

$

(44,018

)

 

$

(13,136

)

 

 

 

 

 

 

 

 

 

 

 

Denominator – basic and diluted:

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares of Class A common stock outstanding – basic

 

16,924,213

 

 

 

4,942,592

 

 

 

15,969,047

 

 

 

4,247,349

 

Weighted-average shares of Class A common stock outstanding – dilutive

 

16,924,213

 

 

 

4,942,592

 

 

 

15,969,047

 

 

 

4,247,349

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share of Class A common stock – basic

$

(1.49

)

 

$

(1.66

)

 

$

(2.76

)

 

$

(3.09

)

Earnings per share of Class A common stock – diluted

$

(1.49

)

 

$

(1.66

)

 

$

(2.76

)

 

$

(3.09

)