Earnings (Loss) Per Share

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

EARNINGS (LOSS) PER SHARE

The following table reconciles the numerator and denominator used to calculate basic and diluted earnings (loss) per share for the three months ended March 31, 2025 and 2024:

	Three months ended March 31,
	2025		2024
Numerator:
Net income (loss) attributable to common shareholders	$	1,257,068	$	(1,946,263)
Denominator:
Weighted-average shares outstanding – basic	14,942,522		14,098,022
Dilutive effect of other securities	317,302		—
Weighted-average shares outstanding – diluted	15,259,824		14,098,022

As of March 31, 2025 and 2024, restricted stock awards and options to purchase 810,211 and 496,859 shares of common stock, respectively, were outstanding but were not included in the computation of diluted earnings per share because the effect would be antidilutive.