EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2022

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 months ended March 31, 2022 and 2021:


	Three Months Ended March 31,
	2022		2021
Basic loss per Share
Numerator:
Net loss available to shareholders from continuing operations	$	(14,961,744)	$	(3,373,859)
Net income available to shareholders from discontinued operations, net of tax	9,992,889		4,008,891
Net income (loss) available to common shareholders	$	(4,968,855)	$	635,032
Denominator:
Weighted-average common shares outstanding	63,372,005		47,709,450
Continuing operations	$	(0.24)	$	(0.07)
Discontinued operations, net of tax	$	0.16	$	0.08
Basic earnings (loss) per share	$	(0.08)	$	0.01

Diluted Earnings per Share
Numerator:
Net loss available to shareholders from continuing operations	$	(14,961,744)	$	(3,373,859)
Net income available to shareholders from discontinued operations, net of tax	9,992,889		4,008,891
Net income (loss) available to common shareholders	$	(4,968,855)	$	635,032
Denominator:
Weighted-average shares outstanding	63,372,005		47,709,450
Effect of dilutive securities
Stock options and warrants	—		876,886
Preferred stock	—		419,859
Diluted weighted-average shares outstanding	63,372,005		49,006,195
Continuing operations	$	(0.24)	$	(0.07)
Discontinued operations, net of tax	$	0.16	$	0.08
Diluted earnings (loss) per share	$	(0.08)	$	0.01