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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

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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Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

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