Three Months Ended June 30,

Six Months Ended June 30,

2020

2019

2020

2019

Net income/(loss) for basic earnings per share

$

20,890,158

$

(3,162,492

)

$

11,992,629

$

(1,532,715

)

Less: Change in fair value of warrants

—

656,523

—

3,792,788

Net income/(loss), adjusted for change in fair value of warrants for diluted earnings per share

$

20,890,158

$

(3,819,015

)

$

11,992,629

$

(5,325,503

)

Weighted-average shares

80,340,695

80,986,524

80,790,400

80,950,124

Effect of potential common shares

176,168

1,128,137

169,412

1,179,477

Weighted-average shares: diluted

80,516,863

82,114,661

80,959,812

82,129,601

Income/(loss) per share: basic

$

0.26

$

(0.04

)

$

0.15

$

(0.02

)

Income/(loss) per share: diluted

$

0.26

$

(0.05

)

$

0.15

$

(0.06

)