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Earnings Per Share
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share
(10)
Earnings Per Share

 

Earnings per share calculation information is as follows:

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

2023

 

 

2024

 

 

2023

 

 

2024

 

Net loss attributable to BBGI stockholders

 

$

(10,430,629

)

 

$

(276,021

)

 

$

(13,967,195

)

 

$

(268,051

)

Weighted-average shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

29,853,144

 

 

 

30,354,222

 

 

 

29,819,638

 

 

 

30,340,012

 

Effect of dilutive restricted stock units

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Diluted

 

 

29,853,144

 

 

 

30,354,222

 

 

 

29,819,638

 

 

 

30,340,012

 

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

 

$

(0.35

)

 

$

(0.01

)

 

$

(0.47

)

 

$

(0.01

)

 

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 58,490 shares and 240,282 shares for the three months ended June 30, 2023 and 2024, respectively, and 57,775 shares and 282,042 shares for the six months ended June 30, 2023 and 2024, respectively.