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Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jul. 31, 2022

Accounting Policies [Abstract]

Schedule of Inventories

Inventories are stated at the lower of cost or net realizable value using the first-in, first-out (FIFO) valuation method. Inventory was comprised of the following at July 31, 2022 and January 31, 2022:

 Schedule of Inventories

		July 31, 2022				January 31, 2022
Raw Materials		$	1,099,525			$	1,854,156
Work in Process			163,576				244,974
Finished goods			2,930,625				791,663
Inventories		$	4,193,726			$	2,890,793

Schedule of Property and Equipment Estimated Useful Lives

Asset lives for financial statement reporting of depreciation are:

 Schedule of Property and Equipment Estimated Useful Lives

Machinery and equipment		2-7 years
Furniture and fixtures		3 years
Leasehold improvements		-*

(*) Amortized on a straight-line basis over the term of the lease or the estimated useful lives, whichever period is shorter.

Schedule of Other Intangible Assets Impairment Losses Recognized for Goodwill

Other intangibles consist of trademarks, trade names and customer relationships. Intangible asset lives for financial statement reporting of amortization are:

 Schedule of Other Intangible Assets Impairment Losses Recognized for Goodwill

Tradenames and trademarks		3 years
Customer relationships		4 - 5 years

Schedule of Expenses of Slotting Fees, Sales Discounts and Allowances are Accounted as Direct Reduction of Revenues

Expenses such as slotting fees, sales discounts, and allowances are accounted for as a direct reduction of revenues as follows:

 Schedule of Expenses of Slotting Fees, Sales Discounts and Allowances are Accounted as Direct Reduction of Revenues

		July 31, 2022				July 31, 2021
		For the Three Months Ended
		July 31, 2022				July 31, 2021
Gross Sales		$	23,631,857			$	12,459,429
Less: Slotting, Discounts, Allowances			785,383				394,845
Net Sales		$	22,846,474			$	12,064,584

		July 31, 2022				July 31, 2021
		For the Six Months Ended
		July 31, 2022				July 31, 2021
Gross Sales		$	45,980,449			$	23,207,595
Less: Slotting, Discounts, Allowances			1,303,395				829,611
Net Sales		$	44,677,054			$	22,377,984

Schedule of Disaggregates Gross Revenue by Significant Geographic Area

Schedule of Disaggregates Gross Revenue by Significant Geographic Area 

		July 31, 2022				July 31, 2021
		For the Three Months Ended
		July 31, 2022				July 31, 2021
Northeast		$	9,066,443			$	3,305,005
Southeast			6,857,963				5,080,826
Midwest			2,560,178				1,332,312
West			2,543,230				1,308,904
Southwest			2,604,043				1,432,382
Total revenue		$	23,631,857			$	12,459,429

The following table disaggregates gross revenue by significant geographic area for the six months ended July 31, 2022 and 2021:

		July 31, 2022				July 31, 2021
		For the Six Months Ended
		July 31, 2022				July 31, 2021
Northeast		$	17,755,723			$	6,727,674
Southeast			12,365,760				8,881,855
Midwest			5,384,977				2,359,961
West			5,442,086				2,866,015
Southwest			5,031,903				2,372,090
Total revenue		$	45,980,449			$	23,207,595

Schedule of Fair Value of Share-Based Payments

For the six months ended July 31, 2022 and 2021, when computing fair value of share-based payments, the Company has considered the following variables:

 Schedule of Fair Value of Share-Based Payments

		July 31, 2022				July 31, 2021
Risk-free interest rate			2.77	%		N/A
Expected life of grants			7.5 years			N/A
Expected volatility of underlying stock			85.74	%		N/A
Dividends			0	%		N/A

Schedule of Earnings Per Share, Basic and Diluted

The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net income attributable to common stockholders per common share.

 Schedule of Earnings Per Share, Basic and Diluted

		July 31, 2022				July 31, 2021
		For the Three Months Ended
		July 31, 2022				July 31, 2021
Numerator:
Net (loss) income attributable to common stockholders		$	(743,246	)			431,925
Effect of dilutive securities:			—				—
Diluted net income		$	(743,246	)		$	431,925
Denominator:
Weighted average common shares outstanding - basic			35,811,087				35,697,568
Dilutive securities (a):
Series A Preferred			-				-
Options							526,106
Warrants			-				-
Weighted average common shares outstanding and assumed conversion – diluted			35,811,087				36,223,674
Basic net (loss) income per common share		$	(0.02	)		$	0.01
Diluted net (loss) income per common share		$	(0.02	)		$	0.01
(a) - Anti-dilutive securities excluded:			689,000				-

		July 31, 2022				July 31, 2021
		For the Six Months Ended
		July 31, 2022				July 31, 2021
Numerator:
Net (loss) income attributable to common stockholders		$	(639,549	)			1,063,449
Effect of dilutive securities:			—				—
Diluted net income		$	(639,549	)		$	1,063,449
Denominator:
Weighted average common shares outstanding - basic			35,785,719				35,660,440
Dilutive securities (a):
Series A Preferred			-				-
Options			-				520,914
Warrants			-				-
Weighted average common shares outstanding and assumed conversion – diluted			35,785,719				36,181,353
Basic net (loss) income per common share		$	(0.02	)		$	0.03
Diluted net income (loss) per common share		$	(0.02	)		$	0.03
(a) - Anti-dilutive securities excluded:			689,000				-

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