Three Months Ended June 30,

Six Months Ended June 30,

2022

2021

2022

2021

Numerator:

Numerator for basic and diluted income (loss) per share, net income (loss) available to common shareholders

$

(1,940,345

)

$

218,483

$

(3,562,615

)

$

(501,769

)

Denominator:

Denominator for basic income (loss) per share, weighted average shares outstanding

20,316,572

19,993,387

20,298,573

19,962,661

Effect of dilutive securities

—

4,969,002

—

Denominator for diluted earnings per share, adjust weighted average shares and assumed conversion

20,316,572

24,962,389

20,298,573

19,962,661

Basic income (loss) per common share

$

(0.10

)

$

0.01

$

(0.18

)

$

(0.03

)

Diluted income (loss) per common share and common share equivalent

$

(0.10

)

$

0.01

$

(0.18

)

$

(0.03

)