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Earnings/ (Loss) Per Share (Tables) | 12 Months Ended
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Dec. 31, 2021
Earnings/ (Loss) Per Share [Abstract] |
Calculation of Basic and Diluted Earnings/(Loss) per Share | The components of the calculation of basic and diluted earnings/(loss) per common share in each of the periods comprising the accompanying consolidated statements of comprehensive income/(loss) are as follows:
|  | Year ended December 31, |  |  | Year ended December 31, |  |  | Year ended December 31, |
|  | 2019 |  |  | 2020 |  |  | 2021 |
Net income/(loss) and comprehensive income/(loss) |  | $ | 1,088,149 |  |  | $ | (1,753,533 | ) |  | $ | 52,270,487 |
Less: Cumulative dividends on Series A Preferred Shares |  |  | (372,022 | ) |  |  | — |  |  |  | — |
Plus: Gain on extinguishment of preferred shares pursuant to the Series A Preferred Stock Amendment Agreement, net of expenses |  |  | 112,637 |  |  |  | — |  |  |  | — |
Less: Deemed dividend on Series A Preferred Shares |  |  | — |  |  |  | — |  |  |  | (11,772,157 | )
Net income/(loss) and comprehensive income/(loss) available to common shareholders |  |  | 828,764 |  |  |  | (1,753,533 | ) |  |  | 40,498,330 |
Weighted average number of common shares outstanding, basic |  |  | 266,238 |  |  |  | 6,773,519 |  |  |  | 83,923,435 |
Earnings/(Loss) per common share, basic |  |  | 3.11 |  |  |  | (0.26 | ) |  |  | 0.48 |
Plus: Dilutive effect of warrants |  |  | — |  |  |  | — |  |  |  | 1,409,293 |
Weighted average number of common shares outstanding, diluted |  |  | 266,238 |  |  |  | 6,773,519 |  |  |  | 85,332,728 |
Earnings/(Loss) per common share, diluted |  | $ | 3.11 |  |  | $ | (0.26 | ) |  | $ | 0.47 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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