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The phrase "are lost out" is not correct in standard written English.
It may be an attempt to convey that something is lost or missing, but it is not a commonly used expression.
Example: "Many opportunities are lost out when we don't take risks."
Alternatives: "are missing out" or "are at a loss."
Dictionary
are lost out
adjective
Having wandered from, or unable to find, the way.
Exact(1)
Concerns relate to the risk that vulnerable people may be or feel coerced to request assistance in dying, that alternatives to assistance in dying are lost out of sight, or that deciding to provide assistance in dying becomes too 'easy' an option without careful consideration of alternatives.
Similar(57)
The kids are losing out," she said.
Customers are losing out," Tyrie said.
People are losing out on both ends".
Many big companies are losing out to smaller ones.
The humanities are losing out, too, in the battle for students.
Dedicated e-reading devices are losing out to general-purpose tablets.
You are losing out on normal life, on having friendships with people, routines.
"But real people are losing out in real ways when they enact the drama".
But people on the margins are losing out even as Japan's economy recovers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com