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EARNINGS PER SHARE INFORMATION
3 Months Ended
Mar. 31, 2025
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 three months ended March 31, 2025 and 2024. For all dilutive securities, the treasury stock method of calculating the incremental shares is applied.
For the Three Months Ended
March 31, 2025March 31, 2024
Net Income (Loss)$9,110,738 $5,515,377 
Basic Weighted-Average Shares Outstanding199,314,182 197,389,782 
Effect of dilutive securities:
Stock options— — 
Restricted stock units1,509,099 1,126,604 
Performance stock units219,236 752,551 
Common warrants30,077 36,213 
Diluted Weighted-Average Shares Outstanding201,072,594 199,305,150 
Basic Earnings (Loss) per Share$0.05 $0.03 
Diluted Earnings (Loss) per Share$0.05 $0.03 
The following table presents the securities which were excluded from the Company's computation of diluted earnings (loss) per share for the three months ended March 31, 2025 and 2024, as their effect would have been anti-dilutive.
For the Three Months Ended
March 31, 2025March 31, 2024
Antidilutive securities:
Stock options to purchase common stock65,50069,566
Unvested restricted stock units76,600 — 
Unvested performance stock units1,000,0001,592,268