XML 37 R26.htm IDEA: XBRL DOCUMENT v3.21.2
INCOME/(LOSS) PER COMMON SHARE (Tables)
6 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
SCHEDULE OF INCOME/(LOSS) PER COMMON SHARE

 

   2021   2020   2021     2020 
   For the Three Months Ended
September 30,
   For the Six Months Ended
September 30,
 
   2021   2020   2021     2020 
                     
Numerator:                    
Net income/(loss)  $14,115,512   $(2,338,625)  $23,652,172   $(5,442,414)
Less: Preferred stock dividends   (782,639)   -    (1,120,384)   - 
Net income/(loss) attributable to common stockholders  $13,332,873   $(2,338,625)  $22,531,788   $(5,442,414)
                     
Denominator:                    
Weighted average shares of common stock - Basic   113,174,363    47,790,105    109,545,553    47,023,094 
Effect of dilutive common stock purchase warrants   1,922,749    -    1,916,315    - 
Effect of dilutive contingently issuable common stock (1)   1,500,000    -    1,262,295    - 
Effect of dilutive equity incentive awards   124,837    -    124,658    - 
Diluted income/(loss) per share   116,721,949    47,790,105    112,848,821    47,023,094 
                     
Basic earnings per share:                    
Income/(loss) per share attributable to common stockholders - basic  $0.12   $(0.05)  $0.21   $(0.12)
                     
Diluted earnings per share:                    
Income/(loss) per share attributable to common stockholders - diluted  $0.11   $(0.05)  $0.20   $(0.12)

 

 

  (1) Weighted average of contingently issuable shares measured from the effective date of merger, April 30, 2021