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SUBSEQUENT EVENTS (Tables) | 12 Months Ended
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Dec. 31, 2021
Subsequent Events [Abstract] |
Schedule of quarterly financial information | The effects of the adjustments to the Company's previously reported unaudited 2021 quarterly consolidated statements of operations and comprehensive income (loss) on a standalone quarter basis are as follows:
| As Reported |  |  | Adjustments |  |  | As Restated |
| Second Quarter |  |  | Third Quarter |  |  | Second Quarter |  |  | Third Quarter |  |  | Second Quarter |  |  | Third Quarter |
Revenue | $ | 65,073,323 |  |  | $ | 94,909,100 |  |  | $ | — |  |  | $ | — |  |  | $ | 65,073,323 |  |  | $ | 94,909,100 |
Gross Profit |  | 28,249,369 |  |  |  | 37,693,372 |  |  |  | — |  |  |  | — |  |  |  | 28,249,369 |  |  |  | 37,693,372 |
General and administrative expenses 1 |  | 9,119,532 |  |  |  | 11,140,030 |  |  |  | 3,180,353 |  |  |  | 12,116,438 |  |  |  | 12,299,885 |  |  |  | 23,256,468 |
Total operating expense |  | 24,650,520 |  |  |  | 33,761,092 |  |  |  | 3,180,353 |  |  |  | 12,116,438 |  |  |  | 27,830,873 |  |  |  | 45,877,530 |
Income (loss) from operations |  | 3,598,849 |  |  |  | 3,932,280 |  |  |  | (3,180,353 | ) |  |  | (12,116,438 | ) |  |  | 418,496 |  |  |  | (8,184,158 | )
Net income (loss) before income taxes |  | 3,960,344 |  |  |  | 3,579,610 |  |  |  | (3,180,353 | ) |  |  | (12,116,438 | ) |  |  | 779,991 |  |  |  | (8,536,828 | )
Net income (loss) | $ | 3,960,344 |  |  | $ | 2,745,791 |  |  | $ | (3,180,353 | ) |  | $ | (12,116,438 | ) |  | $ | 779,991 |  |  | $ | (9,370,647 | )
Net income (loss) per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic | $ | 0.05 |  |  | $ | 0.04 |  |  | $ | (0.04 | ) |  | $ | (0.17 | ) |  | $ | 0.01 |  |  | $ | (0.13 | )
Diluted | $ | 0.05 |  |  | $ | 0.03 |  |  | $ | (0.04 | ) |  | $ | (0.15 | ) |  | $ | 0.01 |  |  | $ | (0.12 | )
1 In order to correct previously reported share-based compensation for three-months ended June 30, 2021 and September 30, 2021, the Company is recognizing additional share-based compensation expense of $3,180,353 and $12,116,438, respectively. The effects of the adjustments to the Company's previously reported unaudited 2021 quarterly consolidated statements of operations and comprehensive income (loss) on a year-to-date basis are as follows:
| As Reported |  |  | Adjustments |  |  | As Restated |
| Second Quarter |  |  | Third Quarter |  |  | Second Quarter |  |  | Third Quarter |  |  | Second Quarter |  |  | Third Quarter |
Revenue | $ | 115,108,202 |  |  | $ | 210,217,302 |  |  | $ | — |  |  | $ | — |  |  | $ | 115,108,202 |  |  | $ | 210,217,302 |
Gross Profit |  | 48,828,464 |  |  |  | 123,495,466 |  |  |  | — |  |  |  | — |  |  |  | 48,828,464 |  |  |  | 123,495,466 |
General and administrative expenses 1 | $ | 16,926,198 |  |  | $ | 28,066,228 |  |  | $ | 3,180,353 |  |  | $ | 15,296,791 |  |  | $ | 20,106,551 |  |  | $ | 43,363,019 |
Total operating expense |  | 44,416,239 |  |  |  | 78,177,331 |  |  |  | 3,180,353 |  |  |  | 15,296,791 |  |  |  | 47,596,592 |  |  |  | 93,474,122 |
Income (loss) from operations |  | 4,412,225 |  |  |  | 8,344,505 |  |  |  | (3,180,353 | ) |  |  | (15,296,791 | ) |  |  | 1,231,872 |  |  |  | (6,952,286 | )
Net income (loss) before income taxes |  | 4,545,768 |  |  |  | 8,215,378 |  |  |  | (3,180,353 | ) |  |  | (15,296,791 | ) |  |  | 1,365,415 |  |  |  | (7,171,413 | )
Net income (loss) | $ | 4,545,768 |  |  | $ | 7,251,559 |  |  | $ | (3,180,353 | ) |  | $ | (15,296,791 | ) |  | $ | 1,365,415 |  |  | $ | (8,005,232 | )
Net income (loss) per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic | $ | 0.06 |  |  | $ | 0.10 |  |  | $ | (0.04 | ) |  | $ | (0.21 | ) |  | $ | 0.02 |  |  | $ | (0.11 | )
Diluted | $ | 0.06 |  |  | $ | 0.09 |  |  | $ | (0.04 | ) |  | $ | (0.19 | ) |  | $ | 0.02 |  |  | $ | (0.10 | )
1 In order to correct previously reported share-based compensation for six- and nine- months ended June 30, 2021 and September 30, 2021, the Company is recognizing additional share-based compensation expense of $3,180,353 and $15,296,791, respectively. The effects of the adjustments to the Company's previously reported unaudited 2021 quarterly consolidated balance sheets are as follows:
| As Reported |  |  | Adjustments |  |  | As Restated |
| Second Quarter |  |  | Third Quarter |  |  | Second Quarter |  |  | Third Quarter |  |  | Second Quarter |  |  | Third Quarter |
Current assets | $ | 205,305,787 |  |  | $ | 252,561,960 |  |  | $ | — |  |  | $ | — |  |  | $ | 205,305,787 |  |  | $ | 252,561,960 |
Total assets |  | 241,548,125 |  |  |  | 294,978,175 |  |  |  | — |  |  |  | — |  |  |  | 241,548,125 |  |  |  | 294,978,175 |
Current liabilities | $ | 54,256,877 |  |  | $ | 93,421,330 |  |  | $ | — |  |  | $ | — |  |  | $ | 54,256,877 |  |  | $ | 93,421,330 |
Total liabilities |  | 54,708,765 |  |  |  | 97,579,964 |  |  |  | — |  |  |  | — |  |  |  | 54,708,765 |  |  |  | 97,579,964 |
Additional paid-in capital | $ | 237,763,609 |  |  | $ | 244,293,710 |  |  | $ | 3,180,353 |  |  | $ | 15,296,791 |  |  | $ | 240,943,962 |  |  | $ | 259,590,501 |
Accumulated deficit |  | (50,881,064 | ) |  |  | (48,135,273 | ) |  |  | (3,180,353 | ) |  |  | (15,296,791 | ) |  |  | (54,061,417 | ) |  |  | (63,432,064 | )
Total Stockholder's Equity | $ | 186,839,360 |  |  | $ | 197,398,211 |  |  | $ | — |  |  | $ | — |  |  | $ | 186,839,360 |  |  | $ | 197,398,211 |

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=124502072&loc=d3e1280-108306 + Details
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