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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Lease revenues and fees, net $ 27,766,312 $ 32,751,331
Loan revenues and fees, net of changes in fair value 1,188,924 32,339
Total revenues 28,955,236 32,783,670
Costs and expenses:    
Cost of lease revenues, consisting of depreciation and impairment of lease merchandise 19,160,611 22,463,556
Loan origination costs and fees 425,513 63,397
Marketing 2,014,115 1,832,740
Salaries and benefits 2,964,442 2,909,319
Operating expenses 5,673,202 4,114,424
Total costs and expenses 30,237,883 31,383,436
Operating (loss)/income (1,282,647) 1,400,234
Interest expense including amortization of debt issuance costs 1,958,068 1,398,997
Income before income taxes (3,240,715) 1,237
Income taxes (859,780)
Net (loss)/income (2,380,935) 1,237
Dividends on Series 2 Convertible Preferred Shares 609,777 609,772
Net loss attributable to common and Series 1 Convertible Preferred shareholders $ (2,990,712) $ (608,535)
Basic and diluted (in Dollars per share) $ (0.14) $ (0.03)
Basic and diluted (in Shares) 21,547,069 21,369,904