Non-Controlling Interests |
9. Non-Controlling Interests
Non-controlling interests in consolidated entities are as follows:
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For the Three Months Ended |
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As of March 31, 2022 |
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March 31, 2022 |
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As of March 31, 2022 |
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Non-controlling interests |
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Net loss attributable to |
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Non-controlling interests |
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Non-controlling |
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($ in thousands) |
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equity share |
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non-controlling interests |
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in consolidated entities |
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ownership |
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UR-1 |
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$ |
423 |
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$ |
(315) |
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$ |
108 |
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34.5 |
% |
Aevitas |
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(5,057) |
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(190) |
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(5,247) |
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45.9 |
% |
Avenue 2 |
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3,286 |
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(2,326) |
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960 |
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82.8 |
% |
Baergic |
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(2,086) |
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(90) |
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(2,176) |
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39.0 |
% |
Cellvation |
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(1,544) |
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(74) |
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(1,618) |
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21.7 |
% |
Checkpoint 1 |
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29,839 |
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(13,603) |
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16,236 |
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80.3 |
% |
Coronado SO |
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(290) |
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— |
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(290) |
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13.0 |
% |
Cyprium |
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(2,166) |
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(260) |
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(2,426) |
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29.0 |
% |
Helocyte |
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(5,529) |
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(110) |
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(5,639) |
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18.3 |
% |
JMC |
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19,120 |
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(457) |
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18,663 |
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41.6 |
% |
Mustang 2 |
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95,305 |
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(16,181) |
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79,124 |
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81.3 |
% |
Oncogenuity |
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(1,124) |
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(103) |
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(1,227) |
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24.9 |
% |
Tamid |
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(740) |
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(9) |
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(749) |
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22.8 |
% |
Total |
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$ |
129,437 |
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$ |
(33,718) |
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$ |
95,719 |
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For the Year Ended |
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As of December 31, 2021 |
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December 31, 2021 |
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As of December 31, 2021 |
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Non-controlling interests |
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Net loss attributable to |
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Non-controlling interests |
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Non-controlling |
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($ in thousands) |
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equity share |
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non-controlling interests |
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in consolidated entities |
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ownership |
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UR-1 |
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$ |
(442) |
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(1,353) |
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$ |
(1,795) |
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34.5 |
% |
Aevitas |
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(4,159) |
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(901) |
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(5,060) |
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45.9 |
% |
Avenue 2 |
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5,739 |
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(2,909) |
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2,830 |
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82.0 |
% |
Baergic |
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(2,047) |
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(39) |
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(2,086) |
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39.0 |
% |
Cellvation |
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(1,413) |
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(131) |
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(1,544) |
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21.7 |
% |
Checkpoint 1 |
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63,464 |
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(39,226) |
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24,238 |
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81.5 |
% |
Coronado SO |
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(290) |
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— |
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(290) |
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13.0 |
% |
Cyprium |
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(1,397) |
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(807) |
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(2,204) |
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29.8 |
% |
Helocyte |
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(5,440) |
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(89) |
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(5,529) |
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18.3 |
% |
JMC |
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23,150 |
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(5,652) |
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17,498 |
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41.6 |
% |
Mustang 2 |
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141,527 |
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(48,518) |
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93,009 |
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82.7 |
% |
Oncogenuity |
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(627) |
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(497) |
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(1,124) |
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24.9 |
% |
Tamid |
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(739) |
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(1) |
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(740) |
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22.8 |
% |
Total |
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$ |
217,326 |
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$ |
(100,123) |
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$ |
117,203 |
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Note 1: |
Checkpoint is consolidated with Fortress’ operations because Fortress maintains voting control through its ownership of Checkpoint’s Class A Common Shares which provide super-majority voting rights. |
Note 2: |
Avenue and Mustang are consolidated with Fortress’ operations because Fortress maintains voting control through its ownership of Preferred Class A Shares which provide super-majority voting rights. |
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