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Earnings/(loss) per share (Tables)

12 Months Ended

Dec. 31, 2023

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,
		2021				2022				2023
Numerator
Net (loss)/income			(35,123,208	)			34,253,365				51,936,829
Less: Undistributed earnings allocated to non-vested shares			—				216,168				813,111
Net income/(loss) attributable to common shareholders, basic			(35,123,208	)			34,037,197				51,123,689
Denominator
Weighted average number of shares outstanding, basic			37,858,437				37,961,560				37,166,449
Weighted average number of shares outstanding, diluted			37,858,437				37,961,673				37,236,951
(Loss)/Earnings per share, basic			(0.93	)			0.90				1.38
(Loss)/Earnings per share, diluted			(0.93	)			0.90				1.37

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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
-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

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