Summary of Significant Accounting Policies (Details) - USD ($) |
12 Months Ended | |
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Dec. 31, 2020 |
Dec. 31, 2019 |
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Accounting Policies [Abstract] | ||
Merchandise-in-transit amount | $ 4,208,514 | $ 2,662,933 |
Claims receivables from the vendors | 3,708,759 | 1,620,043 |
Net allowances for sales returns | 1,062,077 | 495,697 |
Advertising Barter Transactions, Advertising Barter Revenue | $ 392,262 | $ 305,863 |
Contractual liabilities, description | For the year ended December 31, 2020 2019 Net income (loss) $2,113,829 $(655,840)Less: Preferred stocks dividends 442,697 500,000 Less: Deemed Preferred dividends 15,000,000 - Loss available to common shareholders (13,328,868) (1,155,840) Weighted average number of shares (basic and diluted) 25,860,097 24,950,958 Basic and diluted earnings per share $(0.52) $(0.05) |
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- Definition Claims receivables from the vendors. No definition available.
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- References No definition available.
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- Definition Total revenue recognized from advertising barter transactions for each income statement presented. No definition available.
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- Definition Describes a general nature of regulatory assets and liabilities. May include such items as what the assets and liabilities relate to and how recorded. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Gross amount of merchandise or supplies to which the entity holds the title but does not hold physical possession because the goods are currently being transported. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of estimated sales returns. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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