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(Loss) Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The following table presents a reconciliation of basic and diluted earnings per share:

 

    For the years ended December, 31  
    2019     2018     2017  
Numerator:                        
Net (loss) income   $ (61,995,758 )   $ (3,818,737 )   $ 24,048,184  
Denominator:                        
Weighted average number of common stock outstanding-basic and diluted     4,422,837 *     4,422,837 *     4,176,141 *
(Loss) earnings per share – Basic and diluted:   $ (14.02 )   $ (0.85 )   $ 5.758 *

 

* - The computation of basic and diluted share and EPS data should be adjusted retroactively for all period presented to reflect the 5 to 1 reverse stock split change which was effective on October 29, 2020.