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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2020
Accounting Policies [Abstract] |
Schedule of revenue & accounts receivable with customers | The below table reflects this customer’s evolution as a percentage of our total revenue.
|  | 2020 |  |  | 2019 |
Amazon |  |  | 15.1 | % |  |  | 12.0 | %
All other |  |  | 84.9 | % |  |  | 88.0 | %
Total |  |  | 100.0 | % |  |  | 100.0 | %
At December 31, 2020 and 2019, the Company had the following 10 percent or greater concentrations of accounts receivable with its customers:
|  | 2020 |  |  | 2019 |
Amazon |  |  | 11.4 | % |  |  | 19.2 | %
All other |  |  | 88.6 | % |  |  | 80.8 | %
Total |  |  | 100.0 | % |  |  | 100.0 | %
Schedule of long-lived asset geographic data | The following table sets forth long-lived asset information which includes property plant and equipment and lease right of use assets and excludes goodwill and intangibles, where individual countries represent a material portion of the total:
|  | December 31, |  |  | December 31, |
|  | 2020 |  |  | 2019 |
United States |  | $ | 694,697 |  |  | $ | 127,302 |
Sweden |  |  | 431,959 |  |  |  | 360,153 |
Finland |  |  | 450,878 |  |  |  | 454,900 |
Long-lived assets related to foreign operations |  |  | 882,837 |  |  |  | 815,053 |
Total long-lived assets |  | $ | 1,577,534 |  |  | $ | 942,355 |
Schedule of anti-dilutive shares | The denominator should include the number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued. Please refer to the below table for additional details:
|  | For the years ended December 31, |
|  | 2020 |  |  | 2019 |
Net income available to common stockholders |  | $ | 8,523,849 |  |  | $ | 9,971,260 |
Adjustments for diluted earnings: |  |  |  |  |  |  |  |
Interest expense on convertible notes |  |  | - |  |  |  | 348,493 |
Amortization of discount on notes payable |  |  | - |  |  |  | 239,570 |
Diluted net income (loss) available to common stockholders |  | $ | 8,523,849 |  |  | $ | 10,559,323 |
Income (Loss) per share: |  |  |  |  |  |  |  |
Basic |  | $ | 0.12 |  |  | $ | 0.16 |
Diluted |  | $ | 0.11 |  |  | $ | 0.16 |
Weighted average shares outstanding: |  |  |  |  |  |  |  |
Basic |  |  | 70,195,085 |  |  |  | 60,761,995 |
Diluted |  |  | 74,443,601 |  |  |  | 64,183,399 |

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