(Loss)/Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2022

(Loss)/Earnings Per Common Share [Abstract]

Calculation of Basic and Diluted Earnings/(Loss) per Share

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

	Year ended December 31,			Year ended December 31,			Year ended December 31,
	2020			2021			2022
Net (loss)/income and comprehensive (loss)/income	$	(1,753,533	)	$	52,270,487		$	118,560,690
Less: Deemed dividend on Series A Preferred Shares		—			(11,772,157	)		—
Net (loss)/income and comprehensive (loss)/income available to common shareholders		(1,753,533	)		40,498,330			118,560,690
Weighted average number of common shares outstanding, basic		6,773,519			83,923,435			94,610,088
(Loss)/Earnings per common share, basic		(0.26	)		0.48			1.25
Plus: Dilutive effect of warrants		—			1,409,293			—
Weighted average number of common shares outstanding, diluted		6,773,519			85,332,728			94,610,088
(Loss)/Earnings per common share, diluted	$	(0.26	)	$	0.47		$	1.25