Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Schedule of reconciles between basic and diluted weighted average shares outstanding
    For the Three Months Ended
June 30,
    For the Six Months Ended
June 30,
 
    2022     2021     2022     2021  
Numerator:                        
Net income (loss)   $ 2,939,284     $ (23,459,136 )   $ 4,502,997     $ (39,657,721 )
                                 
Weighted average shares outstanding (denominator for basic earnings per share)     34,112,566       31,459,199       34,086,392       29,597,488  
                                 
Weighted average shares and assumed potential common shares (denominator for diluted earnings per share, treasury method)     34,112,566       31,459,199       34,086,392       29,597,488  
                                 
Basic earnings per share   $ 0.09     $ (0.75 )   $ 0.13     $ (1.33 )
Diluted earnings per share   $ 0.09     $ (0.75 )   $ 0.13     $ (1.33 )

 

Schedule of anti dilutive common shares
    For the Three Months Ended June 30,     For the Six Months Ended June 30,  
    2022     2021     2022     2021  
Options     3,259,121      
-
      3,259,121       1,630,000  
Warrants     11,153,908       6,001,250       11,153,908       8,628,908  
Convertible debt(a)    
-
      63,425      
-
      63,425  
Total potentially dilutive shares     14,413,029       6,064,675       14,413,029       10,322,333