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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2017 | Dec. 31, 2016
Revenue: |  |
Sales | $ 61,994,918 | $ 48,326,609
Cost of goods sold | 50,706,094 | 40,018,762
Gross margin | 11,288,824 | 8,307,847
Expenses: |  |
Selling, general and administrative expenses | 8,983,152 | 10,345,557
Loss from sale of building and equipment | 30,325 | 1,156,135
Depreciation and amortization | 320,744 | 403,716
Total operating expenses | 9,334,221 | 11,905,408
Operating Income (Loss) | 1,954,603 | (3,597,561)
Other expense (income) |  |
Other income, net | (84,649) | (4,195)
Interest expense | 199,243 | 364,532
Total other expense (income) | 114,594 | 360,337
Income (loss) from operations before income taxes | 1,840,009 | (3,957,898)
Income tax expense | 1,223 | 47,916
Income (loss) from operations | 1,838,786 | (4,005,814)
Net Income (Loss) | $ 1,838,786 | $ (4,005,814)
Basic net income (loss) per common share: |  |
Net income (loss) from operations | $ 0.07 | $ (0.3)
Diluted net income (loss) per common share: |  |
Net income (loss) from operations | $ 0.07 | $ (0.3)
Weighted-average number of common shares |  |
Basic | 26,918,371 | 13,214,835
Diluted | 27,437,390 | 13,214,835

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