Net Income (Loss) per Common Share (Tables)

3 Months Ended

Mar. 31, 2024

Net Income (Loss) per Common Share

Schedule of net income (loss) per share

	Three Months Ended
	March 31, 2024
Net income applicable to common shareholders - basic	$	5,501,462
Preferred stock dividends		66,144
Net income applicable to common shareholders - diluted	$	5,567,606
Basic weighted average shares outstanding		1,761,953
Series G convertible preferred stock		12,373,226
Series B convertible preferred stock		139
Stock options		169,536
Common stock warrants		118,084
RSUs not yet issued		88,523
Diluted weighted average shares outstanding		14,511,461
Basic net income per share	$	3.12
Diluted net income per share	$	0.38

Schedule of Common Stock that may potentially be issued in the future

	March 31, 2024	March 31, 2023
	(unaudited)	(unaudited)
Series G convertible preferred stock	12,373,226	—
Common stock warrants	2,702,085	234,377
Stock options	201,078	429
RSUs not yet issued	120,537	8,011
Series B convertible preferred stock (1)	139	155
Restricted stock not yet issued	4	8
Total shares of common stock issuable	15,397,069	242,980

(1) Series B convertible preferred stock is assumed to be converted at the rate of $32,340 per common share, which is the conversion price as of March 31, 2024.