For the Year Ended March 31,

2025

2024

2023

Numerator:

Net income/(loss) from continuing operations

$

(65,221,463

)

$

(5,350,176

)

$

3,622,641

Less: Preferred stock dividends

(3,105,036

)

(3,122,049

)

(3,105,034

)

Net income/(loss) before discontinued operations

(68,326,499

)

(8,472,225

)

517,607

Net loss from discontinued operations, net of tax

(65,612,137

)

(11,243,433

)

(12,389,327

)

Net loss attributable to common stockholders

$

(133,938,636

)

$

(19,715,658

)

$

(11,871,720

)

Denominator:

Weighted average shares of common stock - Basic

117,642,232

118,249,486

117,177,885

Effect of dilutive common stock purchase warrants

-

-

-

Effect of dilutive equity incentive awards

-

-

-

 Weighted average shares of common stock - Diluted

117,642,232

118,249,486

117,177,885

Basic loss per share attributable to common stockholders:

Continuing operations

$

(0.58

)

$

(0.07

)

$

0.00

Discontinued operations

$

(0.56

)

$

(0.10

)

$

(0.11

)

Total basic loss per share attributable to common stockholders

$

(1.14

)

$

(0.17

)

$

(0.11

)

Diluted loss per share attributable to common stockholders:

Continuing operations

$

(0.58

)

$

(0.07

)

$

0.00

Discontinued operations

$

(0.56

)

$

(0.10

)

$

(0.11

)

Total diluted loss per share attributable to common stockholders

$

(1.14

)

$

(0.17

)

$

(0.11

)