Basic and Diluted Earnings Per Share

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

BASIC AND DILUTED EARNINGS PER SHARE

NOTE 9. BASIC AND DILUTED EARNINGS PER SHARE

Basic net income per share is computed using the weighted average number of common shares outstanding during the period. Diluted net income per share is computed using the weighted average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential common shares comprise shares issuable upon the exercise of share-based awards, using the treasury stock method. The reconciliation of the numerators and denominators of the basic and diluted earnings per share computations for income from continuing operations is shown as follows: 

	Six Months Ended June 30,
	2022			2021
	(Unaudited)			(Unaudited)
Numerator:
Net income(loss) available to common stockholders	$	(33,543,279	)	$	1,519,009
Net income(loss) from continued operations		(149,609	)		(32,050	)
Net income(loss) from discontinued operations		(33,393,670	)		1,551,059
Denominator:
Basic weighted-average number of shares outstanding		31,250,525			18,271,814
Diluted weighted-average number of shares outstanding		31,250,525			18,481,814
Net income(loss) per share:
Net income(loss) per share of common stock
Basic EPS		(1.0734	)		0.0831
Diluted EPS		(1.0734	)		0.0822
Net income(loss) from continuing operations per share of common stock
Basic EPS		(0.0048	)		(0.0018	)
Diluted EPS		(0.0048	)		(0.0017	)
Net income(loss) from discontinuing operations per share of common stock
Basic EPS	$	(1.0686	)	$	0.0849
Diluted EPS	$	(1.0686	)	$	0.0839

The dilutive earnings per share will not be computed if the effect would be anti-dilutive.