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Net Earnings (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Weighted Average Number of Shares Outstanding and Loss Per Share Outstanding

The calculation of the weighted average number of shares outstanding and loss per share outstanding for the three months ended March 31, 2021 and 2020 are as follows:

 

   

Three months ended

March 31,

 
    2021     2020  
Numerator for basic and diluted income (loss) per share – Net income (loss)   $ 21,721,858     $ (2,334,110 )
                 
Denominator for basic income (loss) per share – weighted average shares outstanding     44,766,135       13,888,438  
Dilutive effect of shares issuable upon conversion of convertible debt and the exercise of stock options and warrants outstanding            
                 
Denominator for diluted income (loss) per share – adjusted weighted average shares outstanding     44,766,135       13,888,438  
                 
Net income (loss) per share:                
Basic   $ 0.49     $ (0.17 )
Diluted   $ 0.49     $ (0.17 )