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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share

Earnings per share calculation information is as follows:

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

2023

 

 

2024

 

 

2023

 

 

2024

 

Net loss attributable to BBGI stockholders

 

$

(67,536,837

)

 

$

(3,560,575

)

 

$

(81,504,032

)

 

$

(3,828,626

)

Weighted-average shares outstanding(1):

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

1,498,131

 

 

 

1,529,521

 

 

 

1,493,391

 

 

 

1,521,204

 

Effect of dilutive restricted stock units

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Diluted

 

 

1,498,131

 

 

 

1,529,521

 

 

 

1,493,391

 

 

 

1,521,204

 

Net loss attributable to BBGI stockholders per Class A and Class B common share – basic and diluted(1)

 

$

(45.08

)

 

$

(2.33

)

 

$

(54.58

)

 

$

(2.52

)

 

(1)
Weighted-average shares outstanding used in the computation of basic and diluted Net loss attributable to BBGI stockholders per Class A and Class B common share have been retroactively adjusted to reflect the 1-for-20 Reverse Stock Split that occurred on September 23, 2024. See Note 15 for additional information.