INCOME PER COMMON SHARE (Tables)

9 Months Ended

Dec. 31, 2022

Net Income/(Loss) per share

SCHEDULE OF INCOME (LOSS) PER COMMON SHARE

	For the Three Months Ended December 31,						For the Nine Months Ended December 31,
	2022			2021			2022			2021
Numerator:
Net income/(loss)	$	(4,102,992	)	$	9,067,867		$	(1,653,472	)	$	32,720,039
Less: Preferred stock dividends		(782,639	)		(782,582	)		(2,339,409	)		(1,902,966	)
Net income/(loss) attributable to common stockholders	$	(4,885,631	)	$	8,285,285		$	(3,992,881	)	$	30,817,073
Denominator:
Weighted average shares of common stock – Basic		117,348,511			114,757,014			116,950,013			111,289,024
Effect of dilutive common stock purchase warrants		-			1,835,395			-			1,934,172
Effect of dilutive equity incentive awards		-			125,091			-			127,802
		117,348,511			116,717,500			116,950,013			113,350,998
Basic earnings per share:
Income/(loss) per share attributable to common stockholders – basic	$	(0.04	)	$	0.07		$	(0.03	)	$	0.28
Diluted earnings per share:
Income/(loss) per share attributable to common stockholders – diluted	$	(0.04	)	$	0.07		$	(0.03	)	$	0.27

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