| Schedule of basic and diluted weighted average shares outstanding |
| |
|
For the Three Months Ended
September 30, |
|
|
For the Nine Months Ended
September 30, |
|
| |
|
2021 |
|
|
2020 |
|
|
2021 |
|
|
2020 |
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
$ |
18,296,856 |
|
|
$ |
(829,418 |
) |
|
$ |
(21,360,865 |
) |
|
$ |
(2,943,294 |
) |
| Less: decrease in fair value of dilutive
warrants |
|
|
10,487,783 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Income (loss) available to common stockholders - diluted |
|
$ |
7,809,073 |
|
|
$ |
(829,418 |
) |
|
$ |
(21,360,865 |
) |
|
$ |
(2,943,294 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average shares outstanding (denominator for basic earnings per share) |
|
|
32,727,965 |
|
|
|
16,850,379 |
|
|
|
30,491,082 |
|
|
|
16,847,069 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Effects of dilutive securities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Assumed exercise of stock options, treasury stock method |
|
|
182,727 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Assumed exercise of warrants, treasury stock method |
|
|
798,892 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Dilutive potential common shares |
|
|
981,619 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average shares and assumed potential common shares (denominator for diluted earnings per share, treasury method) |
|
|
33,709,584 |
|
|
|
16,850,379 |
|
|
|
30,491,082 |
|
|
|
16,847,069 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic earnings per share |
|
$ |
0.56 |
|
|
$ |
(0.05 |
) |
|
$ |
(0.70 |
) |
|
$ |
(0.17 |
) |
| Diluted earnings per share |
|
$ |
0.23 |
|
|
$ |
(0.05 |
) |
|
$ |
(0.70 |
) |
|
$ |
(0.17 |
) |
|
| Schedule of anti-dilutive |
| |
|
For the Three Months Ended |
|
|
For the Nine Months Ended |
|
| |
|
2021 |
|
|
2020 |
|
|
2021 |
|
|
2020 |
|
| Options |
|
|
436,000 |
|
|
|
- |
|
|
|
2,066,000 |
|
|
|
- |
|
| Warrants |
|
|
8,526,250 |
|
|
|
- |
|
|
|
11,153,908 |
|
|
|
- |
|
| Convertible debt(a) |
|
|
- |
|
|
|
586,833 |
|
|
|
- |
|
|
|
586,833 |
|
| Total potentially dilutive shares |
|
|
8,962,250 |
|
|
|
586,833 |
|
|
|
13,219,908 |
|
|
|
586,833 |
|
|