NET INCOME (LOSS) PER SHARE (Tables)

9 Months Ended

Sep. 30, 2024

NET INCOME (LOSS) PER SHARE [Abstract]

Computation of Basic and Diluted Net Income (Loss) Per Share

The following table sets forth the computation of the basic and diluted net income (loss) per share:

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2024			2023			2024			2023
Net (Loss) Income:
Net (loss) income from continuing operations	$	(204,907	)	$	5,453,643		$	(3,970,781	)	$	2,114,444
Net (loss) income from discontinued operations		—			(1,111,552	)		—			7,603,300
Net (Loss) Income	$	(204,907	)	$	4,342,091		$	(3,970,781	)	$	9,717,744
Basic net (loss) income from continuing operations per share attributable to common shareholders:	$	(0.01	)	$	0.17		$	(0.13	)	$	0.07
Basic net (loss) income from discontinued operations per share:		—			(0.03	)		—			0.23
Net (loss) income per common share	$	(0.01	)	$	0.14		$	(0.13	)	$	0.30
Diluted net (loss) income per share:
Net (loss) income from continuing operations	$	(204,907	)	$	5,453,643		$	(3,970,781	)	$	2,114,444
Effect of assumed conversions:
Add back: net expenses related to convertible notes		—			70,127			—			—
Net (loss) income from continuing operation after the effect of assumed conversions	$	(204,907	)	$	5,523,770		$	(3,970,781	)	$	2,114,444
Net (loss) income from discontinued operations	$	—		$	(1,111,552	)	$	—		$	7,603,300
Weighted average common shares outstanding - basic and diluted		31,098,180			32,459,838			31,064,418			32,397,090
Plus: Dilutive effect of convertible notes - as if converted method		—			2,512,386			—			—
Plus: Dilutive effect of restricted stock awards and stock options – treasury stock method		—			96,492			—			106,269
Weighted average common shares outstanding assuming dilution		31,098,180			35,068,716			31,064,418			32,503,359
Diluted net (loss) income from continuing operations per common share		(0.01	)		0.16			(0.13	)		0.07
Diluted net (loss) income from discontinued operations per common share		—			(0.03	)		—			0.23
Net (loss) income per common share	$	(0.01	)	$	0.13		$	(0.13	)	$	0.30

Antidilutive Securities Excluded from Computation of Income (Loss) Per Share

The following table sets forth all outstanding potentially dilutive securities which were not included in the calculation of diluted earnings per share because their impact would have been antidilutive to the Company’s “control number,” which is loss from continuing operations.

	For the Nine Months Ended September 30,
	2024		2023
Potentially dilutive securities:
Warrants		6,875		55,121
Stock options		4,000,043		3,694,791
Convertible notes		2,401,953		2,443,753
Unvested restricted stock awards and units		848,498		726,998
Total		7,257,369		6,920,663