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

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Three Months Ended September 30, 

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Nine Months Ended September 30, 

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2021

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2020

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2021

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2020

Net Loss Attributable to Controlling Interests

    

$

(31,366,517)

    

$

(16,706,718)

    

$

(77,700,292)

    

$

(27,734,136)

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Weighted Average Member Units

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68,980,596

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66,322,878

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68,159,532

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65,633,949

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Basic and Diluted Loss per Member Unit

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$

(0.45)

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$

(0.25)

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$

(1.14)

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$

(0.42)

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2018

    

2019

    

2020

Net Loss Attributable to Controlling Interests

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$

(43,801,295)

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$

(35,009,263)

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$

(41,074,505)

Weighted Average Member Units

 

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24,602,085

 

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47,587,945

 

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65,833,962

Basic and Diluted Loss per Member Unit

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$

(1.78)

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$

(0.74)

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$

(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:

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2021

    

2020

Class B‑1 Unvested Units

 

2,000,000

 

4,000,000

Class B‑2 Unvested Units

 

4,054,054

 

4,054,054

Class B‑3 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

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2018

    

2019

    

2020

Class B-1 Unvested Units

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8,000,000

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6,000,000

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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