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QUARTERLY FINANCIAL DATA (Unaudited)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
NOTE 7 - QUARTERLY FINANCIAL DATA (Unaudited)
 
The following summarized (unaudited) quarterly financial information presents the results of operations and other data for three-month periods ended March 31, June 30, September 30 and December 31, 2018 and 2017.
 
 
 
First

Quarter

2018
 
 
Second

Quarter

2018
 
 
Third

Quarter

2018
 
 
Fourth

Quarter

2018
 
Total Income (Loss)
 
$
12,500,875
 
 
$
20,511,987
 
 
$
20,645,726
 
 
$
61,200,837
 
Total Expenses
 
 
1,403,254
 
 
 
1,177,669
 
 
 
1,074,103
 
 
 
1,166,937
 
Net Income (Loss)
 
$
11,097,621
 
 
$
19,334,318
 
 
$
19,571,623
 
 
$
60,033,900
 
Net Income (Loss) per Share
 
$
(0.80
)
 
$
1.17
 
 
$
1.15
 
 
$
(0.51
)
 
 
 
First

Quarter

2017
 
 
Second

Quarter

2017
 
 
Third

Quarter

2017
 
 
Fourth

Quarter

2017
 
Total Income (Loss)
 
$
(93,242,321
)
 
$
(43,745,913
)
 
$
(10,667,801
)
 
$
(39,352,835
)
Total Expenses
 
 
1,636,118
 
 
 
1,473,807
 
 
 
1,365,327
 
 
 
1,959,853
 
Net Income (Loss)
 
$
(94,878,439
)
 
$
(45,219,720
)
 
$
(12,033,128
)
 
$
(41,312,688
)
Net Income (Loss) per Share
 
$
(6.90
)*
 
$
(3.15
)*
 
$
(0.96
)*
 
$
(2.83
)*
 
* Adjusted to give effect to the reverse share split of 1-for-4 executed on January 4, 2018.