For the year ended December 31,

2025

2024

2023

Numerator:

Net loss from continuing operations

$

(100,355

)

$

(99,858

)

$

(57,075

)

Net loss from discontinued operations

(193,263

)

—

—

Less: Net loss attributable to non-controlling interests

(323

)

(1,029

)

(1,110

)

Net loss attributable to common shareholders

$

(293,295

)

$

(98,829

)

$

(55,965

)

Denominator:

Weighted-average shares outstanding - Basic

215,742

218,311

248,019

Add: Weighted average unvested options and warrants outstanding

—

—

—

Add: Dilutive effect of restricted units issued

—

—

—

Weighted-average shares outstanding - Diluted

215,742

218,311

248,019

Net loss per common share:

Basic and Diluted

Continuing operations attributable to common shareholders

$

(0.46

)

$

(0.45

)

$

(0.23

)

Discontinued operations

$

(0.90

)

$

—

$

—

Net loss attributable to common shareholders

$

(1.36

)

$

(0.45

)

$

(0.23

)