(in thousands, except per share data)

Three Months Ended March 31,

Numerator:

2023

2022

Net loss

$

(1,660

)

$

(3,190

)

Less: Preferred equity return on Fortress preferred equity

(3,427

)

—

Less: Preferred equity accretion to redemption value

(415

)

—

Less: Preferred OP units return

(112

)

—

Plus: Net loss attributable to noncontrolling interest

1,014

247

Net loss attributable to common stockholders

$

(4,600

)

$

(2,943

)

Denominator

Basic weighted-average common shares

35,374

31,967

Dilutive potential common shares

—

—

Diluted weighted-average common shares

35,374

31,967

Net loss per common share- basic and diluted

$

(0.13

)

$

(0.09

)