Basic and Diluted Income (Loss) per Common Share

3 Months Ended

Mar. 31, 2022

Basic and Diluted Income (Loss) per Common Share

11.	Basic and Diluted Income (Loss) per Common Share

Diluted earnings (loss) per common share is calculated by dividing the net income allocable to common stockholders of Radius by the weighted average number of common shares outstanding, adjusted for the effects of potentially dilutive common stock. For all periods presented with a net loss, the effects of any incremental potential common shares have been excluded from the calculation of loss per common share because their effect would be anti-dilutive. Therefore, the weighted-average shares outstanding used to calculate both basic and diluted loss per common share were the same for periods with a net loss attributable to common stockholders of Radius. The following table sets forth the computation of basic and diluted net loss per common share:

	Three months ended March 31, 2022			Three months ended March 31, 2021
Numerator:
Net loss attributable to stockholders	$	(4,437	)	$	(7,579	)
Stock dividend payment to holders of Series A Founder Preferred Stock		—			(31,391	)
Net loss attributable to common stockholders	$	(4,437	)	$	(38,970	)
Denominator:
Weighted average common shares outstanding - basic and diluted		92,104,971			59,479,707

Basic and diluted loss per common share	$	(0.05	)	$	(0.66	)

The following potentially dilutive securities have been excluded from the computation of diluted weighted-average shares outstanding as they would be anti-dilutive:

	Three months ended March 31, 2022		Three months ended March 31, 2021
Shares of Series A Founder Preferred Stock		1,600,000		1,600,000
Warrants		—		16,674,700
Stock options		4,290,615		3,326,900
Restricted stock		593,194		95,292
LTIP Units		7,831,953		6,786,033
Convertible Notes		11,693,192		—