XML 130 R30.htm IDEA: XBRL DOCUMENT
v3.20.2

Segment Information (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Segment Reporting [Abstract] |
Schedule of segment reporting | The following separates DGSE and ECHG’s financial results of operations for the three months ending September 30, 2020:
|  | For The Three Months Ended
|  | September 30, 2020
|  | DGSE |  | ECHG |  | Consolidated
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
Sales |  | $ | 28,137,174 |  |  | $ | 10,673,710 |  |  | $ | 38,810,884 |
Cost of goods sold |  |  | 24,704,214 |  |  |  | 6,943,273 |  |  |  | 31,647,487 |
Gross profit |  |  | 3,432,960 |  |  |  | 3,730,437 |  |  |  | 7,163,397 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |
Selling, general and administrative expenses |  |  | 1,703,394 |  |  |  | 2,166,279 |  |  |  | 3,869,673 |
Depreciation and amortization |  |  | 79,190 |  |  |  | 100,592 |  |  |  | 179,782 |
|  |  | 1,782,584 |  |  |  | 2,266,871 |  |  |  | 4,049,455 |
Operating income (loss) |  |  | 1,650,376 |  |  |  | 1,463,566 |  |  |  | 3,113,942 |
Other (income) expense: |  |  |  |  |  |  |  |  |  |  |  |
Other income, net |  |  | (1,208 | ) |  |  | (25,746 | ) |  |  | (26,954 | )
Interest expense |  |  | 53,931 |  |  |  | 101,868 |  |  |  | 155,799 |
Income (loss) before income taxes |  |  | 1,597,653 |  |  |  | 1,387,444 |  |  |  | 2,985,097 |
Income tax expense |  |  | 167 |  |  |  | 106 |  |  |  | 273 |
Net income (loss) |  | $ | 1,597,486 |  |  | $ | 1,387,338 |  |  | $ | 2,984,824 |
The following separates DGSE and ECHG’s financial results of operations for the nine months ended September 30, 2020:
|  | For The Nine Months Ended
|  | September 30, 2020
|  | DGSE |  | ECHG |  | Consolidated
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
Sales |  | $ | 62,849,787 |  |  | $ | 22,335,847 |  |  | $ | 85,185,634 |
Cost of goods sold |  |  | 55,437,880 |  |  |  | 12,811,819 |  |  |  | 68,249,699 |
Gross profit |  |  | 7,411,907 |  |  |  | 9,524,028 |  |  |  | 16,935,935 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |
Selling, general and administrative expenses |  |  | 5,121,568 |  |  |  | 6,189,975 |  |  |  | 11,311,543 |
Depreciation and amortization |  |  | 235,471 |  |  |  | 303,746 |  |  |  | 539,217 |
|  |  | 5,357,039 |  |  |  | 6,493,721 |  |  |  | 11,850,760 |
Operating income |  |  | 2,054,868 |  |  |  | 3,030,307 |  |  |  | 5,085,175 |
Other (income) expense: |  |  |  |  |  |  |  |  |  |  |  |
Other income, net |  |  | (37,654 | ) |  |  | (82,856 | ) |  |  | (120,510 | )
Interest expense |  |  | 142,824 |  |  |  | 302,587 |  |  |  | 445,411 |
Income before income taxes |  |  | 1,949,698 |  |  |  | 2,810,576 |  |  |  | 4,760,274 |
Income tax expense |  |  | 12,714 |  |  |  | 22,413 |  |  |  | 35,127 |
Net income |  | $ | 1,936,984 |  |  | $ | 2,788,163 |  |  | $ | 4,725,147 |

X
- 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration