Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Schedule of reconciliation of basic and diluted earnings per share

The following is a reconciliation of the numerator and denominator for basic and diluted earnings per share for the three and nine months ended September 30, 2021 and 2020:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Basic loss per Share
Numerator:
Net income (loss) available to shareholders from continuing operations	$	7,066,459	$	(3,073,064)	$	(16,747,698)	$	(19,717,769)
Net income (loss) available to shareholders from discontinued operations, net of tax	878,357		(1,270,814)		5,281,177		(5,359,079)
Net income (loss) available to common shareholders	$	7,944,816	$	(4,343,878)	$	(11,466,521)	$	(25,076,848)
Denominator:
Weighted-average common shares outstanding	61,348,508		45,554,841		53,963,617		45,494,235
Continuing operations	$	0.12	$	(0.07)	$	(0.31)	$	(0.43)
Discontinued operations, net of tax	$	0.01	$	(0.03)	$	0.10	$	(0.12)
Basic earnings (loss) per share	$	0.13	$	(0.10)	$	(0.21)	$	(0.55)
Diluted Earnings per Share
Numerator:
Net income (loss) available to shareholders from continuing operations	$	7,066,459	$	(3,073,064)	$	(16,747,698)	$	(19,717,769)
Net income (loss) available to shareholders from discontinued operations, net of tax	878,357		(1,270,814)		5,281,177		(5,359,079)
Net income (loss) available to common shareholders	$	7,944,816	$	(4,343,878)	$	(11,466,521)	$	(25,076,848)
Denominator:
Weighted-average shares outstanding	61,348,508		45,554,841		53,963,617		45,494,235
Effect of dilutive securities
Stock options and warrants	2,871,217		—		—		—
Preferred stock	385,601		—		—		—
Diluted weighted-average shares outstanding	64,605,326		45,554,841		53,963,617		45,494,235
Continuing operations	$	0.11	$	(0.07)	$	(0.31)	$	(0.43)
Discontinued operations, net of tax	$	0.01	$	(0.03)	$	0.10	$	(0.12)
Diluted earnings (loss) per share	$	0.12	$	(0.10)	$	(0.21)	$	(0.55)