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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share

The following table reconciles the numerator and the denominator used to calculate basic and diluted earnings per share for years ended December 31, 2022 and 2021:

 

   2022   2021 
   Years Ended December 31, 
   2022   2021 
Numerator        
Net income, as reported  $(14,238,249)  $36,658,564 
           
Denominator          
Weighted average shares, basic   31,479,028    28,874,555 
Dilutive effect of stock options, warrants and RSUs   -    1,029,131 
Shares used to compute diluted earnings per share   31,479,028    29,903,686 
           
Basic earnings per share  $(0.45)  $1.27 
Diluted earnings per share  $(0.45)  $1.23