Company: FOACW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052025
Chunk: 93

Company: Finance of America Companies Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 93
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 assuming exchange of Class A LLC Units(1)(393)— (2,388)(2,033)Net loss from discontinued operations attributable to holders of Class A Common Stock - diluted$(1,030)$— $(5,053)$(4,041)DenominatorWeighted average shares of Class A Common Stock outstanding - basic 9,066,190 9,924,671 10,090,861 9,824,171 Effect of dilutive securities:Assumed exchange of weighted average Class A LLC Units for shares of Class A Common Stock(4)10,169,605 13,185,957 12,334,167 13,222,101 Assumed exchange of Exchangeable Secured Notes for shares of Class A Common Stock(2)— — 5,337,928 — Assumed conversion of Convertible Notes for shares of Class A Common Stock(3)— — — — Additional dilutive shares under the treasury stock method(5)— 48,676 725,082 16,344 Weighted average shares of Class A Common Stock outstanding - diluted(6)19,235,795 23,159,304 28,488,038 23,062,616 Diluted earnings (loss) per shareContinuing operations$(1.22)$7.50 $4.26 $6.65 Discontinued operations(0.05)— (0.18)(0.18)Diluted earnings (loss) per share$(1.27)$7.50 $4.08 $6.47 (1) For the three and nine months ended September 30, 2025 and 2024, this adjustment assumes the reallocation of noncontrolling interest income (loss), on an after-tax basis, due to the assumed exchange of all Class A LLC Units outstanding for shares of Class A Common Stock in FOA as of the beginning of the period following the if-converted method for calculating diluted earnings (loss) per share.(2) As the Exchangeable Secured Notes are considered participating securities, the Company calculates diluted earnings (loss) per share for the assumed exchange of Exchangeable Secured Notes for shares of Class A Common Stock in FOA using the more dilutive of either the if-converted method or the two-class method. If dilutive, the numerator includes a reallocation of net income (loss) from continuing operations attributable to the controlling interest