EARNINGS (LOSS) PER SHARE (Tables)

9 Months Ended

Sep. 30, 2021

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth reconciliations of the numerators and denominators used to compute basic and diluted earnings per share of Class A common stock after the date of the reorganization on April 1, 2021.


	Three Months Ended September 30, 2021		Nine Months Ended September 30, 2021
	July 1 to September 30, 2021		April 1 to September 30, 2021
Numerator
Net Loss (1)	$	(6,280,029)	$	(9,523,046)
Less; net losses attributable to non-controlling interests	$	(4,328,460)	$	(6,563,677)
Net loss attributable to Class A common shareholders	$	(1,951,569)	$	(2,959,369)
Denominator
Weighted average shares of Class A common shares outstanding(2)	322,342		173,532
Basic net loss per share	$	(6.05)	$	(17.05)

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(1)Basic and diluted earnings per share of Class A common stock is presented only for the period after the Company’s Reorganization Transactions. As such, net loss used in the calculation represents the loss during the three months ending September 30, 2021 (July 1 through September 30, 2021); and for the nine months ended September 30, 2021 (April 1, 2021 through September 30, 2021).

(2) Includes 181,647 in warrants that have an nominal exercise price and is a common stock equivalent for earnings per share purposes.

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Securities that could potentially dilute losses per share in the future that were not included in the computation of diluted loss per share at September 30, 2021 because their inclusion would be anti-dilutive are as follows:


			September 30, 2021
Warrants to purchase convertible preferred stock			116,090
Class V common shares not yet exchanged for Class A common shares			27,057,600
Convertible Series A preferred shares			10,368,000
Convertible Series B preferred shares			1,817,035
Total			39,358,725