Quarterly report pursuant to Section 13 or 15(d)

INCOME (LOSS) PER COMMON SHARE (Tables)

v3.22.2
INCOME (LOSS) PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2022
INCOME (LOSS) PER COMMON SHARE  
Schedule of earnings (loss) per share

 

 

Three months ended

 

 

Six months ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss)

 

$ 4,595,035

 

 

$ 62,838,113

 

 

$ (63,560,442 )

 

$ 18,060,420

 

Less preferred dividends

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(6,676,994 )

Net income (loss) attributable to common shareholders

 

$ 4,595,035

 

 

$ 62,838,113

 

 

$ (63,560,442 )

 

$ 11,383,426

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator - Weighted average shares - basic

 

 

395,207,537

 

 

 

52,911,280

 

 

 

352,834,123

 

 

 

40,786,921

 

Dilutive effect of common stock equivalents - options/ warrants

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Dilutive effect Preferred C Shares

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Denominator - Weighted average shares - diluted

 

 

395,207,537

 

 

 

52,911,280

 

 

 

352,834,123

 

 

 

40,786,921

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) per share - basic

 

$ 0.01

 

 

$ 1.19

 

 

$ (0.18 )

 

$ 0.28

 

Income (loss) per share - diluted

 

$ 0.01

 

 

$ 1.19

 

 

$ (0.18 )

 

$ 0.28