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Consolidated Cash Flow Statements - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Operations    
Net income $ 2,780,713 $ 657,685
Adjustments to reconcile net income to net cash from (used in) operations:    
Depreciation, amortization, and other 520,298 286,747
Bad debt expense 1,241,919
Loss on Disposal of Equipment (40,045)
Changes in operating assets and liabilities:    
Trade receivables (1,877,783) 75,810
Trade receivables, related party 39,215
Inventories 1,464,843 (1,167,404)
Prepaid expenses (3,375) 100,297
Note receivable 22,409
Other assets (47,374) 30,342
Accounts payable and accrued expenses (492,952) (163,660)
Accounts payable, related party (3,074,021) (813,320)
Operating leases 124,713
Customer deposits and other liabilities 62,110 25,132
Net cash from (used in) operations (542,828) 375,217
Investing    
Purchase of property and equipment (102,989) (125,132)
Purchase of intangible assets (60,000) (66,000)
Acquisition of Echo Entities, net of cash acquired (5,876,516)
Net cash used in investing (6,039,505) (191,132)
Financing    
Short-term financing, line of credit 150,000
Financing for the acquisition of the Echo Entities 6,925,979
Financing to pay off accounts payable, related party 3,074,021
Payments on short-term financing, line of credit (150,000)
Payments on notes payable, related party (360,948)
Payments on capital leases (2,352)
Net cash from (used in) financing 9,639,052 (2,352)
Net change in cash and cash equivalents 3,056,719 181,733
Cash and cash equivalents, beginning of period 1,453,941 1,272,208
Cash and cash equivalents, end of period 4,510,660 1,453,941
Cash paid during the period for:    
Interest 390,864 149,540
Income taxes 43,578 56,780
Non-cash activities:    
Transfer of fixed assets to intangible assets $ 204,000