| EARNINGS PER SHARE |
11. EARNINGS PER SHARE The following information sets forth the computations of basic earnings per common share for the three and six months ended June 30, 2026 and 2025, respectively:
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For the three months ended
June 30, |
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For the six months ended
June 30, |
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2026 |
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2025 |
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2026 |
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2025 |
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Net income attributable to common stockholders |
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$ |
7,473,326 |
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$ |
8,877,375 |
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$ |
12,313,690 |
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$ |
18,918,686 |
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Divided by: |
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Basic weighted average shares of common stock outstanding |
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21,242,557 |
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21,002,787 |
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21,161,863 |
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20,931,025 |
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Diluted weighted average shares of common stock outstanding |
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21,713,882 |
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21,487,106 |
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21,599,634 |
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21,376,645 |
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Weighted average earnings per common share |
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$ |
0.35 |
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$ |
0.42 |
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$ |
0.58 |
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$ |
0.90 |
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Weighted average earnings per common share - diluted |
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$ |
0.34 |
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$ |
0.41 |
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$ |
0.57 |
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$ |
0.89 |
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There were no anti-dilutive shares excluded from the computations of earnings per common share for the three months ended June 30, 2026 and 2025.
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