XML 144 R10.htm IDEA: XBRL DOCUMENT
v3.25.2

Earnings (Loss) Per Share | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2025 | Dec. 31, 2024
Earnings Per Share [Abstract] |  |
Earnings (Loss) Per Share | 3. Earnings (Loss) Per Share The Company computes basic earnings (loss) per share using net loss attributable to Company common stockholders and the weighted average number of common shares outstanding during each period. As the Company has obligations under the Penny Warrants to issue shares for little or no cash consideration contingent only upon the passage of time (see Note 18 "Warrant Liabilities" for a description of the Penny Warrants), weighted average shares issuable under the Penny Warrants are included in the denominator in the calculation of basic and diluted EPS. The following table sets forth the computation of the Company’s basic and diluted net (loss) income per share:
|  | Three Months Ended March 31, |  |  | Three Months Ended March 31, |
|  | 2025 |  |  | 2024 |
Numerator: |  |  |  |  |  |
Net loss |  | $ | (23,047 | ) |  | $ | (32,990 | )
Less: Net loss attributable to redeemable noncontrolling interests |  |  | (17,558 | ) |  |  | (21,699 | )
Less: Net loss attributable to noncontrolling interests |  |  | (40 | ) |  |  | (5,450 | )
Add: Series A Preferred Dividends |  |  | (1,007 | ) |  |  | (285 | )
Add: Series B Preferred Dividends |  |  | (992 | ) |  |  | — |
Basic Net loss attributable to common stockholders |  | $ | (7,448 | ) |  | $ | (6,126 | )
Denominator: |  |  |  |  |  |
Weighted Average Class A Common Stock outstanding |  |  | 18,732,919 |  |  |  | 16,920,382 |
Weighted Average Class A Common Stock issuable under Series A Penny Warrants |  |  | 1,282,742 |  |  |  | 385,338 |
Weighted Average Class A Common Stock issuable under Series B Penny Warrants |  |  | 5,140,900 |  |  |  | — |
Weighted Average Shares Outstanding - basic and diluted |  |  | 25,156,561 |  |  |  | 17,305,720 |
Basic and Diluted Earnings (Loss) Per Share |  |  |  |  |  |
Basic |  | $ | (0.30 | ) |  | $ | (0.35 | )
Diluted |  | $ | (0.30 | ) |  | $ | (0.35 | )
The following table summarizes potentially dilutive outstanding securities for the three months ended March 31, 2025 which were excluded from the calculation of diluted EPS, because their effect would have been anti-dilutive:
Public warrants |  |  | 2,519,869 |
Private Placement Warrants |  |  | 4,333,333 |
Penny Warrants |  |  | 1,304,742 |
Total anti-dilutive features |  |  | 8,157,944 |
| 3. Earnings (L oss) Per Share The Company computes basic earnings (loss) per share using net loss attributable to Company common stockholders and the weighted average number of common shares outstanding during each period. As the Company has obligations under the Penny Warrants to issue shares for little or no cash consideration contingent only upon the passage of time (see Note 18 "Warrant Liabilities" for a description of the Penny Warrants), weighted average shares issuable under the Penny Warrants are included in the denominator in the calculation of basic and diluted EPS. The following table sets forth the computation of the Company’s basic and diluted net (loss) income per share:
|  |  | Year Ended |
|  |  | December 31, 2024 |
Numerator: |  |  |  |
Net loss |  | $ | (101,495) |
Less: Net loss attributable to redeemable noncontrolling interests |  |  | (73,384) |
Less: Net loss attributable to noncontrolling interests |  |  | (7,037) |
Add: Series A Preferred Dividends |  |  | (3,258) |
Add: Series B Preferred Dividends |  |  | (1,233) |
Basic Net loss attributable to common stockholders |  | $ | (25,565) |
Denominator: |  |  |  |
Weighted Average Class A Common Stock outstanding |  |  | 17,757,741 |
Weighted Average Class A Common Stock issuable under Series A Penny Warrants |  |  | 1,051,749 |
Weighted Average Class A Common Stock issuable under Series B Penny Warrants |  |  | 5,000,000 |
Weighted Average Shares Outstanding - basic and diluted |  |  | 23,809,490 |
Basic and Diluted Earnings Loss Per Share |  |  |  |
Basic |  | $ | (1.07) |
Diluted |  | $ | (1.07) |
The following table summarizes potentially dilutive outstanding securities for the year ended December 31, 2024 which were excluded from the calculation of diluted EPS, because their effect would have been anti-dilutive:
Public warrants |  |  | 2,519,869 |
Private Placement Warrants |  |  | 4,333,333 |
Penny Warrants |  |  | 1,274,742 |
Total anti-dilutive features |  |  | 8,127,944 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration