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Earnings Per Share
 6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Earnings Per Share
(11)
Earnings Per Share

 

Earnings per share calculation information is as follows:

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

2022

 

 

2023

 

 

2022

 

 

2023

 

Net loss attributable to BBGI
   stockholders

 

$

(14,454,717

)

 

$

(10,430,629

)

 

$

(18,045,647

)

 

$

(13,967,195

)

Weighted-average shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

29,418,951

 

 

 

29,853,144

 

 

 

29,395,003

 

 

 

29,819,638

 

Effect of dilutive restricted stock units and
   restricted stock

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Diluted

 

 

29,418,951

 

 

 

29,853,144

 

 

 

29,395,003

 

 

 

29,819,638

 

Net loss attributable to BBGI
   stockholders per Class A and Class B
   common share – basic and diluted

 

$

(0.49

)

 

$

(0.35

)

 

$

(0.61

)

 

$

(0.47

)

 

The Company excluded the effect of restrictive stock units and restricted stock under the treasury stock method when reporting a net loss as the addition of shares was anti-dilutive. As a result, the Company excluded 136,119 shares and 58,490 shares for the three months ended June 30, 2022 and 2023, respectively, and 171,501 shares and 57,775 shares for the six months ended June 30, 2022 and 2023, respectively.