Earnings / (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2020

Earnings / (Loss) Per Share [Abstract]

Calculation of Basic and Diluted Earnings per Share

The components of the calculation of basic and diluted net loss per common share in each of the periods comprising the accompanying consolidated statements of comprehensive income/(loss) are as follows:

	Year ended September 30, 2018			Three months ended December 31, 2018			Year ended December 31, 2019			Year ended December 31, 2020
Net income/(loss) and comprehensive income/(loss)	$	980,938		$	276,442		$	1,088,149		$	(1,753,533	)
Less: Cumulative dividends on Series A Preferred Shares		(1,646,775	)		(992,745	)		(372,022	)		—
Plus: Gain on extinguishment of preferred stock pursuant to the Series A Preferred Stock Amendment Agreement, net of expenses		—			—			112,637			—
Net income/ (loss) and comprehensive income/ (loss) available to common shareholders		(665,837	)		(716,303	)		828,764			(1,753,533	)
Weighted average number of common shares outstanding, basic and diluted		2,400,000			2,400,000			2,662,383			67,735,195
(Loss)/Earnings per common share, basic and diluted	$	(0.28	)	$	(0.30	)	$	0.31		$	(0.03	)