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EARNINGS PER SHARE INFORMATION
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE INFORMATION
NOTE 4 — EARNINGS PER SHARE INFORMATION
The following table presents the calculation of the Company's basic and diluted earnings (loss) per share for the years ended December 31, 2024, 2023 and 2022. For all dilutive securities, the treasury stock method of calculating the incremental shares is applied.
For the years ended December 31,202420232022
Net Income$67,470,314 $104,864,641 $138,635,025 
Basic Weighted-Average Shares Outstanding197,937,683 190,589,143 121,264,175 
Effect of dilutive securities:
Stock options— — 83,384 
Restricted stock units1,695,791 1,292,582 2,040,181 
Performance stock units603,867 438,818 248,206 
Common warrants40,039 3,044,307 18,118,722 
Diluted Weighted-Average Shares Outstanding200,277,380 195,364,850 141,754,668 
Basic Earnings per Share$0.34 $0.55 $1.14 
Diluted Earnings per Share$0.34 $0.54 $0.98 
The following table presents the securities which were excluded from the Company's computation of diluted earnings (loss) per share for the years ended December 31, 2024, 2023 and 2022, as their effect would have been anti-dilutive.
202420232022
Antidilutive securities:
Stock options to purchase common stock66,511264,96670,500
Unvested restricted stock units32,23156,15313,512
Unvested performance stock units1,260,5951,445,804814,255