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INCOME PER COMMON SHARE (Tables)
3 Months Ended
Jun. 30, 2023
Net Income/(Loss) per share  
SCHEDULE OF INCOME/(LOSS) PER COMMON SHARE

 

   2023   2022 
  

For the Three Months Ended

June 30,

 
   2023   2022 
         
Numerator:          
Net income/(loss)  $(1,093,033)  $3,253,027 
Less: Preferred stock dividends   (774,132)   (774,132)
Net income attributable to common stockholders  $(1,867,165)  $2,478,895 
           
Denominator:          
Weighted average shares of common stock - basic   117,713,805    116,560,372 
Effect of dilutive common stock purchase warrants   -    1,287,280 
Effect of dilutive equity incentive awards   -    31,987 
Weighted average shares of common stock - Diluted   117,713,805    117,879,639 
           
Basic earnings per share:          
Income/(loss) per share attributable to common stockholders - basic  $(0.02)  $0.02 
           
Diluted earnings per share:          
Income/(loss) per share attributable to common stockholders - diluted  $(0.02)  $0.02