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Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting

The following table segments the results of DGSE and the Echo Entity’s financial results for Fiscal 2019:

		Fiscal 2019
		DGSE				Echo Entities				Consolidated
Revenue:
Sales		$	67,520,154			$	14,504,343			$	82,024,497
Cost of goods sold			58,602,330				7,166,325				65,768,655
Gross profit			8,917,824				7,338,018				16,255,842
Expenses:
Selling, general and administrative expenses			7,485,234				5,009,276				12,494,510
Depreciation and amortization			268,673				251,625				520,298
			7,753,907				5,260,901				13,014,808
Operating income			1,163,917				2,077,117				3,241,034
Other (income) expense:
Other (income) expense, net			(55,384	)			5,628				(49,756	)
Interest expense			162,241				252,720				414,961
Income before income taxes			1,057,060				1,818,769				2,875,829
Income tax expense			78,297				16,819				95,116
Income from continuing operations		$	978,763			$	1,801,950			$	2,780,713

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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