For the Year Ended December 31,

(in thousands, except per share data)

2023

2022

Numerator:

Net loss

$

(7,017

)

$

(16,273

)

Less: Preferred equity return on Fortress preferred equity

(14,641

)

(1,492

)

Less: Preferred equity accretion to redemption value

(3,247

)

—

Less: Preferred OP units return

(483

)

(48

)

Plus: Net loss attributable to noncontrolling interest

3,924

2,522

Net loss attributable to common stockholders

$

(21,464

)

$

(15,291

)

Denominator

Basic weighted-average common shares

35,608

32,379

Dilutive potential common shares

—

—

Diluted weighted-average common shares

35,608

32,379

Net loss per common share- basic and diluted

$

(0.60

)

$

(0.47

)