| Schedule of Calculation of Basic and Diluted Loss Per Share |
The following table presents the calculation of basic and diluted loss per share for the three and nine months ended September 30, 2021:
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Three Months
Ended
September 30, 2021 |
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Nine Months
Ended
September 30, 2021 |
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Numerator: |
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|
|
|
|
Net loss |
|
$ |
(8,904 |
) |
|
$ |
(21,655 |
) |
Less: net loss attributable to redeemable noncontrolling interests |
|
|
9,452 |
|
|
|
22,203 |
|
Less: dividends on preferred shares |
|
|
(2,492 |
) |
|
|
(2,492 |
) |
Less: deemed dividend |
|
|
(6,500 |
) |
|
|
(6,500 |
) |
Net loss attributable to XPO Inc. |
|
$ |
(8,444 |
) |
|
$ |
(8,444 |
) |
Denominator: |
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Weighted average shares of Class A common stock outstanding - basic and diluted |
|
|
22,146,011 |
|
|
|
22,146,011 |
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Loss per share of Class A common stock - basic and diluted |
|
$ |
(0.38 |
) |
|
$ |
(0.38 |
) |
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|
Anti-dilutive shares excluded from loss per share of Class A common stock: |
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|
|
|
Rumble Class A common stock |
|
|
1,300,032 |
|
|
|
1,300,032 |
|
Contingent Rumble shares |
|
|
2,024,445 |
|
|
|
2,024,445 |
|
Restricted stock units |
|
|
821,308 |
|
|
|
821,308 |
|
Shares of Class B common stock |
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|
22,963,246 |
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|
|
22,963,246 |
|
Convertible preferred stock |
|
|
13,888,889 |
|
|
|
13,888,889 |
|
Profit interest units, time vesting |
|
|
250,106 |
|
|
|
250,106 |
|
Profit interest units, performance vesting |
|
|
1,934,550 |
|
|
|
1,934,550 |
|
Total shares excluded from loss per share of Class A common stock - diluted |
|
|
43,182,576 |
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|
43,182,576 |
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