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Net Earnings (Loss) per Share (Tables)
9 Months Ended
Sep. 30, 2022
Net Income (Loss) per Share  
Reconciliation of the net loss per common share

Three months ended

Nine months ended

September 30, 

September 30, 

 

    

2022

    

2021

    

2022

    

2021

Net earnings (loss)

$

15,142,075

17,926,572

54,820,422

(14,382,208)

Adjustment to Redeemable Series A Common Stock

(2,538,748)

(14,495)

(3,320,413)

(50,687,215)

Net earnings (loss) attributable to shareholders

$

12,603,327

17,912,077

51,500,009

(65,069,423)

Redeemable Series A Common Stock

Numerator: Earnings (loss) allocable to Redeemable Series A Common Stock

$

10,082,662

14,329,662

41,200,007

(51,158,647)

Denominator: Basic and diluted weighted average shares outstanding

57,500,000

57,500,000

57,500,000

52,234,432

Basic and diluted net earnings (loss) per share, Redeemable Series A Common Stock

$

0.18

0.25

0.72

(0.98)

Non-Redeemable Series F Common Stock

Numerator: Earnings (loss) allocable to Non-Redeemable Series F Common Stock

$

2,520,665

3,582,415

10,300,002

(13,910,776)

Denominator: Basic and diluted weighted average shares outstanding

14,375,000

14,375,000

14,375,000

14,203,297

Basic and diluted net earnings (loss) per share, Non-Redeemable Series F Common Stock

$

0.18

0.25

0.72

(0.98)