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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2020
Revenue from Contract with Customer [Abstract]  
Schedule of disaggregation of revenue listed by sales category and segment

The following disaggregation of total revenue is listed by sales category and segment for the three months ended September 30, 2020 and 2019:

 

CONSOLIDATED   Three Months Ended September 30,                          
    2020         2019
   Revenues  Gross Profit  Margin  Revenues  Gross Profit  Margin
  DGSE                  
 Resale   $27,101,477   $3,139,884    11.6%  $14,105,015   $1,659,597    11.8%
 Recycled    1,035,697    293,076    28.3%   2,547,912    359,255    14.1%
                                 
      Subtotal    28,137,174    3,432,960    12.2%   16,652,927    2,018,852    12.1%
                                 
 ECHG                               
 Resale    7,812,553    2,376,406    30.4%   5,133,181    2,408,416    46.9%
 Recycled    2,861,157    1,354,031    47.3%   1,075,093    759,186    70.6%
                                 
     Subtotal    10,673,710    3,730,437    34.9%   6,208,274    3,167,602    51.0%
                                 
     $38,810,884   $7,163,397    18.5%  $22,861,201   $5,186,454    22.7%

  

The following disaggregation of total revenue is listed by sales category and segment for the nine months ended September 30, 2020 and 2019:

 

CONSOLIDATED   Nine Months Ended September 30,                          
    2020          2019
   Revenues  Gross Profit  Margin  Revenues  Gross Profit  Margin
  DGSE                  
 Resale   $59,065,343   $6,632,131    11.2%  $45,737,002   $5,705,946    12.5%
 Recycled    3,784,444    779,776    20.6%   5,514,091    801,216    14.5%
                                 
      Subtotal    62,849,787    7,411,907    11.8%   51,251,093    6,507,162    12.7%
                                 
 ECHG                               
 Resale    15,595,813    5,818,672    37.3%   5,116,345    2,335,781    45.7%
 Recycled    6,740,034    3,705,356    55.0%   3,450,730    1,927,308    55.9%
                                 
     Subtotal    22,335,847    9,524,028    42.6%   8,567,075    4,263,089    49.8%
                                 
     $85,185,634   $16,935,935    19.9%  $59,818,168   $10,770,251    18.0%