The following table presents a reconciliation of earnings (loss) allocated to common shares and a reconciliation of weighted-average shares used in the calculations of basic and diluted earnings (loss) per common share attributable to the Company’s stockholders (“EPS”) and the number of shares excluded from diluted earnings (loss) per common share, as they were anti-dilutive:



	Three Months Ended September 30,
	2026		2025
Net loss allocable to common shares, basic and diluted (numerator):
Net loss	$	(31,137)	$	(8,798)
Less: Dividends to other-than-common stockholders (a)	—		16
Net loss allocable to common shares, basic and diluted (numerator):	$	(31,137)	$	(8,814)

Weighted-average shares (denominator):
Weighted-average shares for basic EPS	24,179		24,116
Dilutive effect of shares issuable under share-based compensation plans	—		—
Weighted-average shares for diluted EPS	24,179		24,116
Weighted-average shares excluded from diluted EPS	125		80

Basic loss per common share attributable to MSG Knickerbockers Corp.’s stockholders	$	(1.29)	$	(0.37)
Diluted loss per common share attributable to MSG Knickerbockers Corp.’s stockholders	$	(1.29)	$	(0.37)

(a)Dividends to other-than-common stockholders consist of forfeitable rights to dividends declared and payable to holders of the Company’s unvested restricted stock units and performance restricted stock units.