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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted The following table illustrates the dilutive effect of the assumed exercise of the Company’s outstanding stock options and warrants, using the treasury stock method, for the year ended December 31, 2020 and 2019:
Year EndedYear Ended
Numerator:December 31, 2020December 31, 2019
Net Income (loss)$(1,861,449)$11,593,050 
Denominator:
Denominator for basic income (loss) per share - weighted average shares4,249,832 4,018,464 
Effect of dilutive securities:
Stock options and warrants— 1,323,914 
Denominator for diluted income (loss) per share4,249,832 5,342,378 
Income (loss) per share - Basic$(0.44)$2.88 
Income (loss) per share - Diluted$(0.44)$2.17