Earnings Per Share ("EPS") (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Summary of Computation of Earnings (Loss) Per Share

The following table sets forth the computation of earnings (loss) per share.

	Year Ended December 31,
		2024		2023
Basic EPS
Numerator:
Basic net income (loss)	$	2,321,866	$	13,920,800
Denominator:
Common Shares		36,041,473		35,718,989
Unissued, directors' deferred compensation shares		288,262		261,320
Basic weighted average shares outstanding		36,329,735		35,980,309
Basic EPS	$	0.06	$	0.39
Diluted EPS
Numerator:
Basic net income (loss)	$	2,321,866	$	13,920,800
Diluted net income (loss)		2,321,866		13,920,800
Denominator:
Basic weighted average shares outstanding		36,329,735		35,980,309
Effects of dilutive securities:
Unvested restricted stock		82,535		-
Diluted weighted average shares outstanding		36,412,270		35,980,309
Diluted EPS	$	0.06	$	0.39