Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE (Tables)

v3.24.1.u1
EARNINGS (LOSS) PER SHARE (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Schedule of (Loss) Earnings Per Share
The following table presents our (loss) earnings per share for the three months ended March 31, 2024 and 2023 (dollar amounts in thousands, except per share data):
Three Months Ended March 31,
2024 2023
Net income attributable to Bridge Investment Group Holdings Inc. $ 9,818  $ 2,034 
Less:
Income allocated to Restricted Stock and RSUs (1,601) — 
Distributions on Restricted Stock and RSUs (657) (1,306)
Net income available to Class A common shareholders - basic $ 7,560  $ 728 
Incremental net loss from assumed exchange of Class A units (14,327) (17,279)
Net loss available to Class A common stockholders, diluted $ (6,767) $ (16,551)
Denominator:
Weighted-average shares of Class A common stock outstanding—basic 31,342,979  25,068,319 
Incremental shares from assumed exchange of Class A units 97,324,375  98,813,181 
Weighted-average shares of Class A common stock outstanding—diluted 128,667,354  123,881,500 
Earnings per share of Class A common stock—basic $ 0.24  $ 0.03 
Loss per share of Class A common stock—diluted $ (0.05) $ (0.13)