XML 14 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Sales, net of discounts $ 7,540,361 $ 1,098,052 $ 22,929,026 $ 3,600,317
Cost of Goods Sold 7,060,129 903,879 20,429,567 2,627,418
Gross Profit 480,232 194,174 2,499,459 972,899
Operating Expenses        
Selling, general and administrative 1,503,850 259,196 3,636,326 782,041
Marketing and Advertising 8,555 62,014 27,698 98,885
Amortization and Depreciation expense 178,947 5,758 505,969 18,231
Professional fees 299,100 102,524 752,723 419,961
Officer Compensation 75,000 225,000 225,000
Operating Expenses/(Loss) 2,065,453 429,493 5,147,716 1,544,119
Income/ (Loss) from Operations (1,585,221) (235,319) (2,648,257) (571,219)
Other Non-Operating Income and Expenses        
Interest expense (453,139) (180,936) (1,261,273) (537,673)
Net Income/(Loss) before Income Taxes (2,038,360) (416,255) (3,909,530) (1,108,891)
Provision for income taxes
Net Ordinary Income/(Loss) (2,038,360) (416,255) (3,909,530) (1,108,891)
Other Income / Expense        
Other Income - Other 3,476 10,316 13,000 20,699
Net Income/(Loss) $ (2,034,885) $ (405,939) $ (3,896,531) $ (1,088,193)
Basic and Diluted Loss per Share - Common Stock $ (0.29614) $ (0.00085) $ (0.56707) $ (0.00228)
Weighted Average Number of Shares Outstanding: Basic and Diluted Class A Common Stock 6,871,351 477,226,000 6,871,351 477,226,000