Company: CMCT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0000908311-25-000067
Chunk: 179

Company: Creative Media & Community Trust Corp
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 8
Chunk 179
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IESNOTES TO CONSOLIDATED FINANCIAL STATEMENTSJune 30, 2025 (Unaudited) – (Continued)

included in the computation of diluted EPS because they had no dilutive effect. Outstanding Series A Preferred Warrants were not included in the computation of diluted EPS for the three and six months ended June 30, 2025 and 2024 because their impact was either anti-dilutive or such warrants were not exercisable during such periods (Note 12).EPS for the year-to-date period may differ from the sum of quarterly EPS amounts due to the required method for computing EPS in the respective periods. In addition, EPS is calculated independently for each component and may not be additive due to rounding.The following table reconciles the numerator and denominator used in computing the Company’s basic and diluted per-share amounts for net loss attributable to common stockholders for the three and six months ended June 30, 2025 and 2024 (in thousands, except per share amounts):Three Months Ended June 30,Six Months Ended June 30,2025202420252024Numerator:Net loss attributable to common stockholders$(14,279)$(9,667)$(26,177)$(21,962)Redeemable preferred stock dividends declared on dilutive shares— — — — Diluted net loss attributable to common stockholders$(14,279)$(9,667)$(26,177)$(21,962)Denominator: Basic weighted average shares of Common Stock outstanding754 98 665 98 Effect of dilutive securities—contingently issuable shares— — — — Diluted weighted average shares and common stock equivalents outstanding754 98 665 98 Net loss attributable to common stockholders per share:Basic$(18.94)$(98.64)$(39.36)$(224.10)Diluted$(18.94)$(98.64)$(39.36)$(224.10)

11. REDEEMABLE PREFERRED STOCKThe table below provides information regarding the issuances, reclassifications and redemptions of each class of the Company’s preferred stock in permanent equity during the three and six months ended June 30, 2025 and 2024 (dollar amounts in thousands): Preferred StockSeries A1Series ASeries DTotal SharesAmountSharesAmountSharesAmountSharesAmountBalances, December 31, 202310,378,