| Schedule of Earnings (Loss) Per Share, Basic and Diluted |
The following information sets forth the computations of basic and diluted weighted average earnings per common share for the three and six months ended June 30, 2025 and 2024: | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended
June 30, | | Six months ended
June 30, | | 2025 | | 2024 | | 2025 | | 2024 | | Net (loss) income from continuing operations | $ | (13,164,651) | | | $ | 15,206,224 | | | $ | (9,096,966) | | | $ | 13,635,881 | | | Dividends paid on preferred stock | — | | | (7,500) | | | — | | | (7,500) | | | Dividends paid on unvested restricted stock | (110,783) | | | (128,270) | | | (225,138) | | | (185,396) | | | Net income from continuing operations attributable to common shareholders | (13,275,434) | | | 15,070,454 | | | (9,322,104) | | | 13,442,985 | | | Net income from discontinued operations | — | | | 1,239,897 | | | — | | | 2,756,124 | | | Net income attributable to common shareholders | (13,275,434) | | | 16,310,351 | | | (9,322,104) | | | 16,199,109 | | | Divided by: | | | | | | | | | Basic weighted average shares of common stock outstanding | 22,114,341 | | | 20,400,004 | | | 22,106,205 | | | 20,396,940 | | | Weighted average unvested restricted stock and dilutive stock options | 2,545 | | | 37,795 | | | 6,564 | | | 21,957 | | | Diluted weighted average shares of common stock outstanding | 22,116,886 | | | 20,437,799 | | | 22,112,769 | | | 20,418,897 | | | | | | | | | | | Basic earnings per share | | | | | | | | | Continuing operations | $ | (0.60) | | | $ | 0.74 | | | $ | (0.42) | | | $ | 0.66 | | | Discontinued operations | $ | — | | | $ | 0.06 | | | $ | — | | | $ | 0.13 | | | Total basic weighted average earnings per common share | $ | (0.60) | | | $ | 0.80 | | | $ | (0.42) | | | $ | 0.79 | | | | | | | | | | | Diluted earnings per share | | | | | | | | | Continuing operations | $ | (0.60) | | | $ | 0.74 | | | $ | (0.42) | | | $ | 0.66 | | | Discontinued operations | $ | — | | | $ | 0.06 | | | $ | — | | | $ | 0.13 | | | Total diluted weighted average earnings per common share | $ | (0.60) | | | $ | 0.80 | | | $ | (0.42) | | | $ | 0.79 | |
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