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EARNINGS (LOSS) PER SHARE (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The table below illustrates the reconciliation of the earnings or loss and number of shares used in our calculation of basic earnings or loss per share attributable to common stockholders:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Net income (loss)$7,075,348 $(5,284,811)$30,085,303 $(5,908,533)
Less: net (income) loss income attributable to noncontrolling interest— 159,756 (786,683)204,716 
Less: dividends declared on the series A convertible preferred stock(93,750)— (187,500)— 
Net income (loss) attributable to common stockholders for basic earnings (loss) per share6,981,598 (5,125,055)29,111,120 (5,703,817)
Weighted average shares outstanding for basic earnings (loss) per share95,956,504 74,694,319 95,612,432 66,984,401 
Basic earnings (loss) per share$0.07 $(0.07)$0.30 $(0.09)
The table below illustrates the reconciliation of the earnings or loss and number of shares used in our calculation of diluted earnings or loss per share attributable to common stockholders:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Net income (loss) attributable to common stockholders for basic earnings (loss) per share$6,981,598 $(5,125,055)$29,111,120 $(5,703,817)
Numerator used to calculate diluted earnings (loss) per share$6,981,598 $(5,125,055)$29,111,120 $(5,703,817)
Weighted average shares outstanding for basic earnings (loss) per share95,956,504 74,694,319 95,612,432 66,984,401 
Effect of dilutive shares outstanding:
RSUs195,407989,572
Series A preferred stock500,000360,806
Weighted average shares for diluted earnings (loss) per share96,651,91174,694,31996,962,81066,984,401
Diluted earnings (loss) per share$0.07 $(0.07)$0.30 $(0.09)