Company: FOACW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052025
Chunk: 91

Company: Finance of America Companies Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 91
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 6, 2025, the Blackstone Investor will have the right to transfer its Sold Equity to unaffiliated third parties, and any Sold Equity so transferred will reduce the amount repurchased by the Company under the Repurchase Agreement.In accordance with Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity, this obligation is recorded as Repurchase agreement obligation in the Condensed Consolidated Statements of Financial Condition, and equity is reduced by the treasury stock and noncontrolling interest as presented in the Condensed Consolidated Statements of Equity. 

As described in further detail in Note 18 - Subsequent Events, the Repurchase Agreement was amended and restated on November 13, 2025 to provide for the consummation of the Repurchase across two closings, potential increases in the purchase price, and certain other changes to the terms set forth in the Repurchase Agreement.   

43

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

17.    Earnings (Loss) Per ShareThe following tables reconcile the numerators and denominators used in the computations of both basic and diluted earnings (loss) per share (in thousands, except share data):Three months endedNine months endedSeptember 30,September 30,2025202420252024Basic earnings (loss) per share:NumeratorNet income (loss) from continuing operations$(28,685)$203,748 $130,888 $183,047 Less: Net income (loss) from continuing operations attributable to noncontrolling interest(1)(2)(19,807)119,545 72,606 106,463 Net income (loss) from continuing operations attributable to holders of Class A Common Stock - basic$(8,878)$84,203 $58,282 $76,584 Net loss from discontinued operations$(1,172)$— $(5,922)$(4,727)Less: Net loss from discontinued operations attributable to noncontrolling interest(1)(2)(535)— (3,257)(2,719)Net loss from discontinued operations attributable to holders of Class A Common Stock - basic$(637)$— $(2,665)$(2,008)DenominatorWeighted average shares of Class A Common Stock outstanding - basic(2)9,066,190 9,924,671 10,090,861 9,824,171 Basic earnings (loss) per shareContinuing operations$(