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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Lease revenues and fees, net $ 24,512,086 $ 30,740,119 $ 82,746,874 $ 94,153,920
Loan revenues and fees, net of changes in fair value 1,629,365 120,816 8,897,964 179,238
Total revenues 26,141,451 30,860,935 91,644,838 94,333,158
Costs and expenses:        
Cost of lease revenues and merchandise sold 18,746,897 18,005,170 56,114,813 59,959,590
Loan origination costs and fees 1,027,097 166,805 2,256,838 341,989
Marketing 2,393,185 1,824,402 8,178,120 5,571,237
Salaries and benefits 2,820,033 2,672,864 8,799,395 8,329,188
Operating expenses 5,702,800 4,325,825 17,124,288 13,654,038
Total costs and expenses 30,690,012 26,995,066 92,473,454 87,856,042
Operating (loss)/ income (4,548,561) 3,865,869 (828,616) 6,477,116
Gain on extinguishment of debt   1,931,825
Interest expense including amortization of debt issuance costs (3,030,142) (1,233,617) (7,336,048) (3,855,014)
(Loss)/income before income taxes (7,578,703) 2,632,252 (8,164,664) 4,553,927
Benefit /(expense) from income taxes 1,298,269 (936,229) 13,892,516 (1,914,473)
Net (loss)/ income (6,280,434) 1,696,023 5,727,852 2,639,454
Dividends on Series 2 Convertible Preferred Shares 609,778 609,777 1,829,332 1,829,322
Net income/(loss) attributable to common and Series 1 Convertible Preferred shareholders $ (6,890,212) $ 1,086,246 $ 3,898,520 $ 810,132
Basic and diluted income/(loss) per common share:        
Basic (in Dollars per share) $ (0.32) $ 0.05 $ 0.18 $ 0.04
Diluted (in Dollars per share) $ (0.32) $ 0.05 $ 0.17 $ 0.03
WEIGHTED AVERAGE COMMON SHARES:        
Basic (in Shares) 21,681,853 21,383,647 21,611,879 21,377,978
Diluted (in Shares) 21,681,853 23,577,179 22,403,447 23,682,265