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EARNINGS (LOSS) PER SHARE (Tables) | 6 Months Ended
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Jun. 30, 2022
Earnings Per Share [Abstract] |
SCHEDULE OF CALCULATIONS OF BASIC AND DILUTED EPS | The calculations of basic and diluted EPS, are as follows: SCHEDULE OF CALCULATIONS OF BASIC AND DILUTED EPS
|  | Three Months |  |  | Three Months |
|  | ended |  |  | ended |
|  | June 30, 2022 |  |  | June 30, 2021 |
Net income (loss) |  | $ | 10,495,691 |  |  | $ | (1,276,886 | )
Deemed dividend |  |  | - |  |  |  | - |
Net income (loss), numerator, basic computation |  |  | 10,495,691 |  |  |  | (1,276,886 | )
Recognition and change in fair value of warrant liability |  |  | (12,633,251 | ) |  |  | - |
Net income (loss), numerator, diluted computation |  | $ | (2,137,560 | ) |  | $ | (1,276,886 | )
Weighted average shares - denominator basic computation |  |  | 18,738,290 |  |  |  | 10,934,489 |
Effect of stock awards |  |  | 31,916 |  |  |  | - |
Effect of Series B warrant liability |  |  |  |  |  |  |  |
Effect of preferred stock |  |  | 2,219,084 |  |  |  | - |
Weighted average shares, as adjusted - denominator diluted computation |  |  | 20,989,290 |  |  |  | 10,934,489 |
Earnings (loss) per common share – basic |  | $ | 0.56 |  |  | $ | (0.12 | )
Earnings (loss) per common share – diluted |  |  | (0.10 | ) |  |  | (0.12 | )
|  | Six Months |  |  | Six Months |
|  | ended |  |  | ended |
|  | June 30, 2022 |  |  | June 30, 2021 |
Net income (loss) |  | $ | 19,835,692 |  |  | $ | (1,890,812 | )
Deemed dividend |  |  | (6,930,335 | ) |  |  | - |
Net income (loss), numerator, basic computation |  |  | 12,905,357 |  |  |  | (1,890,812 | )
Recognition and change in fair value of warrant liability |  |  | (24,748,163 | ) |  |  | - |
Net income (loss), numerator, diluted computation |  | $ | (11,842,806 | ) |  | $ | (1,890,812 | )
Weighted average shares - denominator basic computation |  |  | 17,238,285 |  |  |  | 9,259,738 |
Effect of stock awards |  |  | 46,084 |  |  |  | - |
Effect of Series B warrant liability |  |  | 2,219,084 |  |  |  | - |
Effect of preferred stock |  |  | 631,276 |  |  |  | - |
Weighted average shares, as adjusted - denominator diluted computation |  |  | 20,134,729 |  |  |  | 9,259,738 |
Earnings (loss) per common share - basic |  | $ | 0.75 |  |  | $ | (0.20 | )
Earnings (loss) per common share - diluted |  | $ | (0.59 | ) |  | $ | (0.20 | )

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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