General form of registration statement for all companies including face-amount certificate companies

Earnings (Loss) per Member Unit (Tables)

v3.21.4
Earnings (Loss) per Member Unit (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Earnings (Loss) per Member Unit    
Schedule of computation of basic earnings (loss) per Member Unit

Three Months Ended September 30, 

Nine Months Ended September 30, 

2021

2020

2021

2020

Net Loss Attributable to Controlling Interests

    

$

(31,366,517)

    

$

(16,706,718)

    

$

(77,700,292)

    

$

(27,734,136)

 

  

 

  

 

  

 

  

Weighted Average Member Units

 

68,980,596

 

66,322,878

 

68,159,532

 

65,633,949

 

  

 

  

 

  

 

  

Basic and Diluted Loss per Member Unit

$

(0.45)

$

(0.25)

$

(1.14)

$

(0.42)

    

2018

    

2019

    

2020

Net Loss Attributable to Controlling Interests

$

(43,801,295)

$

(35,009,263)

$

(41,074,505)

Weighted Average Member Units

 

24,602,085

 

47,587,945

 

65,833,962

Basic and Diluted Loss per Member Unit

$

(1.78)

$

(0.74)

$

(0.62)

Schedule of potential Member Units were excluded from Diluted Loss per Member Unit, as their effect would be anti-dilutive The following potential Member Units were excluded from Diluted Loss per Member Unit at September 30, 2021 and 2020, respectively:

    

2021

    

2020

Class B1 Unvested Units

 

2,000,000

 

4,000,000

Class B2 Unvested Units

 

4,054,054

 

4,054,054

Class B3 Unvested Units

 

5,647,438

 

5,647,438

Class C Unvested Units

 

3,560,000

 

4,143,750

Class D Warrants

 

858,351

 

Total Units Excluded from Diluted EPS

 

16,119,843

 

17,845,242

    

2018

    

2019

    

2020

Class B-1 Unvested Units

8,000,000

6,000,000

4,000,000

Class B-2 Unvested Units

 

4,054,054

 

4,054,054

 

4,054,054

Class B-3 Unvested Units

 

5,647,438

 

5,647,438

 

5,647,438

Class C Unvested Units

 

2,050,000

 

3,012,500

 

4,118,750

Class D Warrants

 

 

 

858,351

Total Units Excluded from Diluted EPS

 

19,751,492

 

18,713,992

 

18,678,593