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INCOME PER COMMON SHARE (Tables)
6 Months Ended
Sep. 30, 2022
Net Income/(Loss) per share  
SCHEDULE OF INCOME/(LOSS) PER COMMON SHARE

 

   2022   2021   2022   2021 
   For the Three Months Ended
September 30,
   For the Six Months Ended
September 30,
 
   2022   2021   2022   2021 
                 
Numerator:                    
Net income/(loss)  $(803,507)  $14,115,512   $2,449,520   $23,652,172)
Less: Preferred stock dividends   (782,639)   (782,639)   (1,556,771)   (1,120,384)
Net income/(loss) attributable to common stockholders  $(1,586,146)  $13,332,873   $892,749   $22,531,788 
                     
Denominator:                    
Weighted average shares of common stock – Basic   116,927,607    113,174,363    116,744,972    109,545,553 
Effect of dilutive common stock purchase warrants   -    1,922,749    1,300,609    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    18,038    124,658 
Weighted average shares of common stock - Diluted   116,927,607    116,721,949    118,063,619    112,848,821 
                     
Basic earnings per share:                    
Income/(loss) per share attributable to common stockholders – basic  $(0.01)  $0.12   $0.01   $0.21 
                     
Diluted earnings per share:                    
Income/(loss) per share attributable to common stockholders – diluted  $(0.01)  $0.11   $0.01   $0.20 

 

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