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Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2021

Accounting Policies [Abstract]

Schedule of accounts receivable

		September 30, 2021				December 31, 2020
Accounts receivable		$	44,902,037			$	32,171,255
Allowance for doubtful accounts			(25,250,787	)			(22,138,541	)
Accounts receivable, net		$	19,651,250			$	10,032,714

Schedule of allowance for doubtful accounts

		Nine Months Ended September 30, 2021				Year  Ended December 31, 2020
Beginning balance		$	22,138,541			$	9,976,941
Provision			30,622,139				31,930,714
Accounts written off			(27,509,893	)			(19,769,114	)
Ending balance		$	25,250,787			$	22,138,541

Schedule of net leased merchandise

		September 30, 2021				December 31, 2020
Lease merchandise at cost		$	76,187,372			$	64,335,971
Accumulated depreciation			(38,655,591	)			(19,162,357	)
Impairment reserve			(4,198,927	)			(2,351,274	)
Lease merchandise, net		$	33,332,854			$	42,822,340

Schedule of lease revenues and fees

		Nine Months ended
		September 30,
		2021				2020
Lease billings and accruals		$	119,498,306			$	93,632,889
Provision for doubtful accounts			(30,622,139	)			(23,643,556	)
Lease revenues and fees		$	88,876,167			$	69,989,333

Schedule of anti-dilutive securities excluded from computation of earnings per share

		Nine Months ended
		September 30,
		2021				2020
Series 1 Convertible Preferred Stock			225,231				225,231
Series 2 Convertible Preferred Stock			5,845,695				5,845,695
Series 2 Convertible Preferred Stock issuable upon exercise of warrants			116,903				116,903
Common Stock Options			3,113,715				2,622,869
Common Stock Warrants			2,432,488				1,992,488
			11,734,032				10,803,186

Schedule of basic and diluted earnings per share

		Nine Months ended
		September 30,
		2021				2020
Numerator
Net income		$	2,639,454				78,983
Convertible Series 2 Preferred Share dividends			(1,829,322	)			(1,829,217	)
Net income/(loss) attributable to common and Series 1 Convertible Preferred Stock			810,132				(1,750,234	)
Deemed dividend from exchange offer of warrants			-				(713,212	)
Convertible Series 2 Preferred Share dividends attributable to Series 1 Convertible Preferred Stock			19,072				-
Net income attributable to Series 1 Convertible Preferred Stock			(27,518	)			-
Net income/(loss) attributable to common shares - Numerator for basic and diluted EPS		$	801,686				(2,463,446	)
Denominator
Weighted average of common shares outstanding			21,377,978				20,872,940
Weighted average of common shares issuable upon conversion of outstanding Series 1 Convertible Preferred Stock			225,231				-
Denominator for basic EPS- weighted average shares			21,603,209				20,872,940
Effect of dilutive securities:
Common stock options			1,244,353				-
Common stock warrants			834,703				-
Denominator for diluted EPS – adjusted weighted average shares			23,682,265				20,872,940
Basic EPS		$	0.04				(0.12	)
Diluted EPS		$	0.03				(0.12	)

		Three Months ended
		September 30,
		2021				2020
Numerator
Net income		$	1,696,023				289,360
Convertible Series 2 Preferred Share dividends			(609,777	)			(609,772	)
Net income/(loss) attributable to common and Series 1 Convertible Preferred Stock			1,086,246				(320,412	)
Convertible Series 2 Preferred Share dividends attributable to Series 1 Convertible Preferred Stock			6,356				-
Net income attributable to Series 1 Convertible Preferred Stock			(17,678	)			-
Net income/(loss) attributable to common shares - Numerator for basic and diluted EPS		$	1,074,924				(320,412	)
Denominator
Weighted average of common shares outstanding			21,383,647				21,358,141
Weighted average of common shares issuable upon conversion of outstanding Series 1 Convertible Preferred Stock			225,231				-
Denominator for basic EPS- weighted average shares			21,608,878				21,358,141
Effect of dilutive securities:
Common stock options			1,112,537				-
Common stock warrants			855,764				-
Denominator for diluted EPS – adjusted weighted average shares			23,577,179				21,358,141
Basic EPS		$	0.05				(0.02	)
Diluted EPS		$	0.05				(0.02	)

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