Schedule of computation of the Company's basic and diluted net profit per share |
| | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2023 | | 2022 | | 2023 | | 2022 | Net income | | $ | 245,362,759 | | $ | 25,902,006 | | $ | 40,858,431 | | $ | 42,919,934 | Basic income available to common shareholders | | $ | 245,362,759 | | $ | 25,902,006 | | $ | 40,858,431 | | $ | 42,919,934 | | | | | | | | | | | | | | Effect of dilutive securities: | | | | | | | | | | | | | Add back: | | | | | | | | | | | | | Interest on Convertible note, net of tax | | | 2,523,450 | | | — | | | 2,523,450 | | | — | Change in fair value of stock options - liability classified, net of tax | | | (745,263) | | | — | | | (56,333) | | | — | Diluted income available to common shareholders | | $ | 247,140,946 | | $ | 25,902,006 | | $ | 43,325,548 | | $ | 42,919,934 | | | | | | | | | | | | | | Weighted-average number of common shares outstanding - basic | | | 48,122,141 | | | 37,347,350 | | | 42,877,744 | | | 37,347,350 | Effect of dilutive securities: | | | | | | | | | | | | | Convertible notes | | | 8,960,573 | | | — | | | 4,569,176 | | | — | Stock options - equity classified | | | — | | | 69,800 | | | 309,407 | | | 34,900 | Stock options - liability classified | | | 83,071 | | | — | | | 84,711 | | | — | Stock warrants | | | 708,468 | | | 27,198 | | | 959,187 | | | 13,599 | Public warrants | | | — | | | — | | | — | | | — | Private placement warrants | | | — | | | — | | | — | | | — | Weighted-average number of common shares outstanding - diluted | | | 57,874,253 | | | 37,444,348 | | | 48,800,225 | | | 37,395,849 | | | | | | | | | | | | | | Net earnings per common share: | | | | | | | | | | | | | Basic | | $ | 5.10 | | $ | 0.69 | | $ | 0.95 | | $ | 1.15 | Diluted | | $ | 4.27 | | $ | 0.69 | | $ | 0.89 | | $ | 1.15 |
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Summary of potentially dilutive outstanding securities |
| | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2023 | | 2022 | | 2023 | | 2022 | Stock warrants | | — | | — | | — | | — | Private placement warrants | | 70,853 | | — | | 35,427 | | — | Public warrants | | 205,993 | | — | | 102,996 | | — | Stock options - equity classified | | 1,894,442 | | — | | — | | — | Stock options - liability classified | | — | | — | | — | | — | Convertible notes | | — | | — | | — | | — | Total anti-dilutive features | | 2,171,288 | | — | | 138,423 | | — |
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