Company: FOACW
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001828937-25-000033
Chunk: 46

Company: Finance of America Companies Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Item 1
Chunk 46
---
 a participating security. The Class B Common Stock has not been included in either the basic or diluted earnings (loss) per share calculations. 

41

Finance of America Companies Inc.Notes to Condensed Consolidated Financial Statements (Unaudited)

For the three months ended March 31, 2025For the three months ended March 31, 2024Diluted earnings (loss) per share:NumeratorNet income (loss) from continuing operations attributable to holders of Class A Common Stock - basic$32,237 $(5,635)Reallocation of net income (loss) from continuing operations assuming exchange of Class A LLC Units(1)34,700 — Reallocation of net income (loss) from continuing operations assuming exchange of Exchangeable Secured Notes(2)8,008 — Exchangeable Secured Notes interest expense, net(2)2,291 — Net income (loss) from continuing operations attributable to holders of Class A Common Stock - diluted$77,236 $(5,635)Net loss from discontinued operations attributable to holders of Class A Common Stock - basic$(2,028)$(1,903)Reallocation of net loss from discontinued operations assuming exchange of Class A LLC Units(1)(1,995)— Net loss from discontinued operations attributable to holders of Class A Common Stock - diluted$(4,023)$(1,903)DenominatorWeighted average shares of Class A Common Stock outstanding - basic 10,177,266 9,648,558 Effect of dilutive securities:Assumed exchange of weighted average Class A LLC Units for shares of Class A Common Stock(3)13,651,797 — Assumed exchange of Exchangeable Secured Notes for shares of Class A Common Stock(2)5,337,928 — Additional dilutive shares under the treasury stock method(4)1,000,033 — Weighted average shares of Class A Common Stock outstanding - diluted(5)30,167,024 9,648,558 Diluted earnings (loss) per shareContinuing operations$2.56 $(0.58)Discontinued operations(0.13)(0.20)Diluted earnings (loss) per share$2.43 $(0.78)(1) For the three months ended March 31, 2025, this adjustment assumes the reallocation of noncontrolling interest income (loss), on an after-tax basis, due to