Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Share of Common Stock

The following table sets forth the computation of basic and diluted earnings per share of common stock:

	For the three months ended June 30,				For the six months ended June 30,
	2023		2022		2023		2022
Net income applicable to common stockholders	$	28,006	$	430	$	54,287	$	8,099
Weighted Average Shares
Weighted average common shares outstanding	24,933,664		24,760,282		24,928,485		21,570,924
Effect of dilutive securities
Stock-based awards	272,695		698,029		440,217		624,890
Convertible notes payable	—		—		—		—
Weighted average diluted common shares	25,206,359		25,458,311		25,368,702		22,195,814
Earnings per common share
Basic earnings per common share	$	1.12	$	0.02	$	2.18	$	0.38
Effect of dilutive securities
Stock-based awards	(0.01)		—		(0.04)		(0.02)
Diluted earnings per common share	$	1.11	$	0.02	$	2.14	$	0.36

Schedule of Securities Excluded from Computation of Diluted Earnings Per Share

Shares of common stock not considered in computing diluted earnings per share because they were antidilutive were as follows:

	For the three months ended June 30,		For the six months ended June 30,
	2023	2022	2023	2022
Stock-based awards	4,445	26,249	—	54,157
Convertible notes payable	85,500	66,344	85,500	66,344