Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1774

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1774
---
 shares outstanding and excludes any unvested restricted share units issued pursuant to the 2023 LTIP.

Diluted earnings (loss) per share is computed by adjusting basic earnings per share for the dilutive effect of the assumed vesting of restricted share units. During periods of net loss, the assumed vesting of restricted share units is anti-dilutive and is not included in the calculation of earnings (loss) per share.

The following table sets forth the computation of basic and diluted earnings (loss) per share (in thousands, except per share amounts):

| Numerator for loss per share:                         |    | Six Months Ended June 30, 
 2024                      |         |   |     | 2023 |         |   |     | Three Months Ended June 30, 
 2024                        |        |   |     | 2023 |         |   |
|:------------------------------------------------------|---:|:--------------------------|--------:|:--|:----|:-----|--------:|:--|:----|:----------------------------|-------:|:--|:----|:-----|--------:|:--|
| Net income (loss) attributable to common shareholders |    | $                         | (32,486 | ) |     | $    | (35,698 | ) |     | $                           | (9,783 | ) |     | $    | (15,022 | ) |
| Denominator for loss per share:                       |    |                           |         |   |     |      |         |   |     |                             |        |   |     |      |         |   |
| Weighted average common shares outstanding            |    |                           |  39,094 |   |     |      |  37,172 |   |     |                             | 39,616 |   |     |      |  37,172 |   |
| Denominator for basic and diluted loss per share      |    |                           |  39,094 |   |     |      |  37,172 |   |     |                             | 39,616 |   |     |      |  37,172 |   |
| Weighted average unvested restricted share units      |    |                           |   1,210 |   |     |      |      37 |   |     |                             |  1,435 |   |     |      |      38 |   |
| Denominator for diluted