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Earnings/(loss) per share (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Share Calculation

The Company calculates basic and diluted earnings per share as follows:

 

		Year Ended December 31,
		2020				2021				2022
Numerator
Net income/(loss)			11,984,485				(35,123,208	)			34,253,365
Less: Undistributed earnings allocated to non-vested shares			—				—				216,168
Net income/(loss) attributable to common shareholders, basic			11,984,485				(35,123,208	)			34,037,197
Denominator
Weighted average number of shares outstanding, basic			38,357,893				37,858,437				37,961,560
Weighted average number of shares outstanding, diluted			38,357,893				37,858,437				37,961,673
Earnings/(Loss) per share, basic and diluted			0.31				(0.93	)			0.90

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- References

No definition available.

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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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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