Net Income Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Net Income Per Share

Schedule of net income used in the calculation of basic and diluted net income per share

	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
Net income available to shareholders	$	9,608,453	$	1,396,466	$	25,997,329	$	3,647,008

Schedule of weighted-average shares used in calculation of net income per share

	Three months ended September 30,		Nine months ended September 30,
	2022	2021	2022	2021
Basic weighted-average number of shares outstanding	23,011,729	23,564,288	23,419,666	23,757,895
Dilutive stock options	15,914	—	14,725	—
Unvested time-based restricted shares	104,525	144,473	—	85,395
Unvested performance-based restricted shares	37,490	64,182	90,183	28,205
Diluted weighted average shares outstanding	23,169,658	23,772,943	23,524,574	23,871,495

Schedule of anti-dilutive shares

	Three months ended September 30,		Nine months ended September 30,
	2022	2021	2022	2021
Anti-dilutive options	54,086	245,000	55,275	245,000
Anti-dilutive unvested time-based restricted shares	240,526	159,197	254,665	218,275
Anti-dilutive unvested performance-based restricted shares	22,445	87,318	30,347	123,295
Total Anti-dilutive shares	317,057	491,515	340,287	586,570