2023

2022

2021

For the Year Ended
March 31,

2023

2022

2021

Numerator:

Net income/(loss)

$

(4,596,038

)

$

33,247,436

$

(7,182,294

)

Less: Preferred stock dividends

(3,105,034

)

(2,668,648

)

-

Net income/(loss) attributable to common stockholders

$

(7,701,072

)

$

30,578,788

$

(7,182,294

)

Denominator:

Weighted averaged shares of common stock - basic

117,177,885

112,328,680

55,041,502

Effect of dilutive common stock purchase warrants

-

1,861,040

-

Effect of dilutive equity incentive awards

-

117,177,885

114,189,720

55,041,502

Basic earnings per share:

Income/(loss) per share attributable to common stockholders - basic

$

(0.07

)

$

0.27

$

(0.14

)

Diluted earnings per share:

Income/(loss) per share attributable to common stockholders - diluted

$

(0.07

)

$

0.27

$

(0.14

)