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Net income / (loss) per share
3 Months Ended
Mar. 31, 2021
Net income / (loss) per share [Abstract]  
Net income / (loss) per share
16.
Net income / (loss) per share

Net income (loss) per share is computed by dividing net income by the weighted-average number of shares of common stock outstanding during the period totaled to 46,105,947.

The following table sets forth the computation of the basic and diluted net loss per share for the three months ended March 31, 2021 and 2020.

  
Three-months ended March 31,
 
Numerator:
 
2021
  
2020
 
Net income / (loss)
 
$
2,905,674
  
$
(216,616
)
Denominator:
        
Weighted average shares outstanding, basic
  
37,769,554
   
14,979,803
 
Dilutive effect of common stock issuable from assumed exercise of warrants
  
3,217,792
   
-
 
Weighted average shares outstanding, diluted
  
40,987,346
   
14,979,803
 
Net income / (loss) per share:
        
Basic
 
$
0.08
  
$
(0.01
)
Diluted
 
$
0.07
  
$
(0.01
)

Basic net income / (loss) per share is computed by dividing net income/ (loss) for the periods presented by the weighted-average number of common shares outstanding during these periods.

Diluted net income /(loss) per share is computed by dividing the net income /(loss), by the weighted average number of common shares outstanding for the periods, adjusted for the dilutive effect of shares of common stock equivalents resulting from the assumed exercise of the Public Warrants, Private Placements Warrants and Working Capital Warrants. The treasury stock method was used to calculate the potential dilutive effect of these common stock equivalents.

Potentially dilutive shares were excluded from the computation of diluted net income / (loss) when their effect was antidilutive.