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INCOME PER COMMON SHARE (Tables)
9 Months Ended
Dec. 31, 2022
Net Income/(Loss) per share  
SCHEDULE OF INCOME (LOSS) PER COMMON SHARE

 SCHEDULE OF INCOME (LOSS) PER COMMON SHARE

   2022   2021   2022   2021 
   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 
Weighted average shares of common stock - Diluted   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