Net Loss Per Share and Net Loss Attributable to Common Stockholders (Tables)

6 Months Ended

Jun. 30, 2025

Schedule of Calculation of Basic and Diluted Net Loss Per Share

The following table presents the calculation of basic and diluted net loss per share attributable to Rise Companies Corp. Class A, Class B, and Class F common stockholders (in thousands, except share and per share data):


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Numerator:
Net income (loss)	$	(1,672)	$	457	$	(5,913)	$	(3,024)
Less: net income attributable to noncontrolling interest	165		714		327		847
Net loss attributable to common stockholders	$	(1,837)	$	(257)	$	(6,240)	$	(3,871)
Denominator:
Weighted-average common shares outstanding – basic and diluted	32,506,210		32,933,668		32,526,007		33,020,432
Net loss per share attributable to common stockholders - basic and diluted	$	(0.06)	$	(0.01)	$	(0.19)	$	(0.12)

Schedule of Common Shares Excluded From Calculation of Diluted Net Loss Per Share

The following potential common shares were excluded from the calculation of diluted net loss per share attributable to Rise Companies Corp. Class A, Class B, and Class F common stockholders because their effect would have been anti-dilutive or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period:


	Three and Six Months Ended June 30,
	2025	2024
Redeemable convertible preferred stock	11,865,046	11,865,046
Restricted stock options	6,500	11,500
Restricted stock units	8,910,844	8,480,071
Performance stock units	3,018,867	—
Total anti-dilutive securities	23,801,257	20,356,617