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EARNINGS PER SHARE (Tables) | 3 Months Ended
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Mar. 31, 2026
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The table below illustrates the reconciliation of the earnings and number of shares used in our calculation of basic earnings per share attributable to common stockholders:
| Three Months Ended March 31,
| 2026 |  | 2025
Net income | $ | 7,266,192 |  |  | $ | 5,399,026 |
Less: net (income) loss attributable to noncontrolling interest | — |  |  | (759,443) |
Less: dividends declared on the series A convertible preferred stock | (93,750) |  |  | — |
Net income attributable to common stockholders for basic earnings per share | 7,172,442 |  |  | 4,639,583 |
Weighted average shares outstanding for basic earnings per share | 96,775,889 |  |  | 96,193,199 |
Basic earnings per share | $ | 0.07 |  |  | $ | 0.05 |
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 March 31,
| 2026 |  | 2025
Net income attributable to common stockholders for basic earnings per share | 7,172,442 |  |  | 4,639,583 |
Numerator used to calculate diluted earnings per share | 7,172,442 |  |  | 4,639,583 |
Weighted average shares outstanding for basic earnings per share | 96,775,889 |  |  | 96,193,199 |
Effect of dilutive shares outstanding: |  |  |
RSUs | 2,269,755 |  |  | 1,227,946 |
Series A preferred stock | 500,000 |  |  | 77,778 |
Weighted average shares for diluted earnings per share | 99,545,644 |  |  | 97,498,923 |
Diluted earnings per share | $ | 0.07 |  |  | $ | 0.05 |
Schedule of Potentially Dilutive Outstanding Securities | The following potentially dilutive outstanding securities were excluded from the computation of diluted net earnings per share because their effect would have been anti-dilutive for the periods presented, or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period:
| Three Months Ended March 31,
| 2026 |  |
RSUs | 13,223 |  |
Stock Options | 147,316 |  |
Total | 160,539 |  |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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