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Net Earnings (Loss) per Share (Tables)
9 Months Ended
Sep. 30, 2022
Net Income (Loss) per Share  
Reconciliation of the net loss per common share

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Three months ended

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Nine months ended

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September 30, 

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September 30, 

 

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2022

    

2021

    

2022

    

2021

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Net earnings (loss)

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$

15,142,075

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17,926,572

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54,820,422

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(14,382,208)

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Adjustment to Redeemable Series A Common Stock

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(2,538,748)

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(14,495)

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(3,320,413)

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(50,687,215)

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Net earnings (loss) attributable to shareholders

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$

12,603,327

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17,912,077

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51,500,009

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(65,069,423)

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Redeemable Series A Common Stock

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Numerator: Earnings (loss) allocable to Redeemable Series A Common Stock

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$

10,082,662

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14,329,662

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41,200,007

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(51,158,647)

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Denominator: Basic and diluted weighted average shares outstanding

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57,500,000

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57,500,000

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57,500,000

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52,234,432

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Basic and diluted net earnings (loss) per share, Redeemable Series A Common Stock

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$

0.18

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0.25

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0.72

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(0.98)

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Non-Redeemable Series F Common Stock

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Numerator: Earnings (loss) allocable to Non-Redeemable Series F Common Stock

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$

2,520,665

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3,582,415

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10,300,002

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(13,910,776)

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Denominator: Basic and diluted weighted average shares outstanding

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14,375,000

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14,375,000

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14,375,000

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14,203,297

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Basic and diluted net earnings (loss) per share, Non-Redeemable Series F Common Stock

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$

0.18

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0.25

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0.72

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(0.98)

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