v3.21.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Statement of Financial Position [Abstract]        
Net revenue $ 130,409,332 $ 113,853,524 $ 239,482,960 $ 184,579,489
Cost of goods sold 104,270,051 89,655,601 190,510,070 145,212,766
Gross profit 26,139,281 24,197,923 48,972,890 39,366,723
Operating expenses:        
Advertising 10,907,319 9,296,637 21,406,705 15,390,787
Selling, general and administrative 12,603,017 10,076,998 23,961,724 18,748,252
Depreciation 1,819,581 1,783,415 3,593,354 3,308,098
Total operating expenses 25,329,917 21,157,050 48,961,783 37,447,137
Income from operations 809,364 3,040,873 11,107 1,919,586
Interest expense 395 1,038 6,885 6,821
Income before income taxes 808,969 3,039,835 4,222 1,912,765
Income tax expense 182,857 766,120 22,923 483,620
Net income (loss) 626,112 2,273,715 (18,701) 1,429,145
Net income (loss) 626,112 2,273,715 (18,701) 1,429,145
Less: Preferred stocks dividends   125,000   250,000
Income (Loss) available to common shareholders $ 626,112 $ 2,148,715 $ (18,701) $ 1,179,145
Income (Loss) per common share        
Basic income (loss) per share (in Dollars per share) $ 0.02 $ 0.09 $ 0.00 $ 0.05
Weighted average number of shares (basic) (in Shares) 33,173,456 24,950,958 33,173,456 24,950,958
Diluted income (loss) per share (in Dollars per share) $ 0.02 $ 0.09 $ 0.00 $ 0.05
Weighted average number of shares (diluted) (in Shares) 33,130,599 24,950,958 33,002,738 24,950,958

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