A summary of the net income (loss) per share calculation is as follows (in thousands, except per share amounts): | | | | | | | | | | | | | Three Months Ended March 31, | | Numerator - basic and diluted: | 2023 | | 2022 | | Net income (loss) attributable to controlling interests | $ | (61,847) | | | $ | 79,792 | | | | | | | Denominator | | | | | Weighted-average common shares - basic common stock | 156,792 | | | 119,542 | | | Weighted-average common shares - diluted common stock | 156,792 | | | 131,149 | | | | | | | Net income (loss) per share - basic common stock | $ | (0.39) | | | $ | 0.67 | | | Net income (loss) per share - diluted common stock | $ | (0.39) | | | $ | 0.61 | | | | | | | Denominator | | | | | Weighted-average common shares - basic common stock | 156,792 | | | 119,542 | | | Stock options and other dilutive awards | — | | | 11,607 | | | Weighted-average common shares - diluted common stock | 156,792 | | | 131,149 | | | | | | Shares excluded from diluted weighted-average shares:1 | | | | | Earnout shares (potentially issuable common shares) | 10,000 | | | 10,000 | | | Unvested restricted stock units and restricted stock awards | 376 | | | 4,979 | | | Stock options potentially exercisable for common shares | 9,750 | | | 6,500 | | | Shares excluded from diluted weighted average shares | 20,126 | | | 21,479 | | | | | |
(1)The Company’s potentially dilutive securities, which include unexercised stock options, unvested shares, preferred shares, earnout shares, and warrants for common and preferred shares, have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share for the three months ended March 31, 2023.
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