| 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 year ended December 31, 2021:
|
|
|
|
|
|
|
Year Ended
December 31, 2021 |
|
Numerator: |
|
|
|
Net loss |
|
$ |
(51,440 |
) |
Less: net loss attributable to redeemable noncontrolling interests |
|
|
78,417 |
|
Less: dividends on preferred shares |
|
|
(5,742 |
) |
Less: deemed dividend |
|
|
(84,994 |
) |
Net loss attributable to XPO Inc. |
|
$ |
(63,759 |
) |
Denominator: |
|
|
|
Weighted average shares of Class A common stock outstanding - basic and diluted |
|
|
22,402,703 |
|
|
|
|
|
Loss per share of Class A common stock - basic and diluted |
|
$ |
(2.85 |
) |
|
|
|
|
Anti-dilutive shares excluded from loss per share of Class A common stock: |
|
|
|
Rumble Class A common stock |
|
|
1,300,032 |
|
Contingent Rumble shares |
|
|
2,024,445 |
|
Restricted stock units |
|
|
1,122,877 |
|
Shares of Class B common stock |
|
|
22,968,674 |
|
Convertible preferred stock |
|
|
13,888,889 |
|
Profit interest units, time vesting |
|
|
74,094 |
|
Profit interest units, performance vesting |
|
|
1,934,547 |
|
Total shares excluded from loss per share of Class A common stock - diluted |
|
|
43,313,558 |
|
|