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Basic And Diluted Earnings (Loss) Per Common Share ("EPS") (Tables)
6 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Summary of Reconciliation of Components of Basic and Diluted EPS

The following table presents a reconciliation of the components of basic and diluted EPS.

 

Three Months Ended March 31,

 

 

Six Months Ended March 31,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income (loss)

$

(4,020,455

)

 

$

(499,723

)

 

$

2,661,794

 

 

$

(1,096,443

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

34,292,455

 

 

 

22,608,374

 

 

 

33,683,685

 

 

 

22,581,601

 

Basic EPS

$

(0.12

)

 

$

(0.02

)

 

$

0.08

 

 

$

(0.05

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income (loss)

$

(4,020,455

)

 

$

(499,723

)

 

$

2,661,794

 

 

$

(1,096,443

)

Diluted net income (loss)

 

(4,020,455

)

 

 

(499,723

)

 

 

2,661,794

 

 

 

(1,096,443

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

34,292,455

 

 

 

22,608,374

 

 

 

33,683,685

 

 

 

22,581,601

 

Effects of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unvested restricted stock

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Diluted weighted average shares outstanding

 

34,292,455

 

 

 

22,608,374

 

 

 

33,683,685

 

 

 

22,581,601

 

Diluted EPS

$

(0.12

)

 

$

(0.02

)

 

$

0.08

 

 

$

(0.05

)