XML 141 R41.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue        
Sales $ 38,810,884 $ 22,861,201 $ 85,185,634 $ 59,818,168
Cost of goods sold 31,647,487 17,674,747 68,249,699 49,047,917
Gross profit 7,163,397 5,186,454 16,935,935 10,770,251
Expenses:        
Selling, general and administrative expenses 3,869,673 3,893,618 11,311,543 8,311,199
Depreciation and amortization 179,782 67,886 539,217 227,558
Total cost of revenue 4,049,455 3,961,504 11,850,760 8,538,757
Operating income (loss) 3,113,942 1,224,950 5,085,175 2,231,494
Other (income) expense:        
Other income, net (26,954) (955) (120,510) (54,285)
Interest expense 155,799 148,720 445,411 240,778
Income (loss) before income taxes 2,985,097 1,077,185 4,760,274 2,045,001
Income tax expense 273 41,710 35,127 65,364
Net income (loss) 2,984,824 1,035,475 4,725,147 1,979,637
DGSE        
Revenue        
Sales 28,137,174 16,652,927 62,849,787 51,251,093
Cost of goods sold 24,704,214   55,437,880  
Gross profit 3,432,960 2,018,852 7,411,907 6,507,162
Expenses:        
Selling, general and administrative expenses 1,703,394   5,121,568  
Depreciation and amortization 79,190   235,471  
Total cost of revenue 1,782,584   5,357,039  
Operating income (loss) 1,650,376   2,054,868  
Other (income) expense:        
Other income, net (1,208)   (37,654)  
Interest expense 53,931   142,824  
Income (loss) before income taxes 1,597,653   1,949,698  
Income tax expense 167   12,714  
Net income (loss) 1,597,486   1,936,984  
ECHG        
Revenue        
Sales 10,673,710 6,208,274 22,335,847 8,567,075
Cost of goods sold 6,943,273   12,811,819  
Gross profit 3,730,437 $ 3,167,602 9,524,028 $ 4,263,089
Expenses:        
Selling, general and administrative expenses 2,166,279   6,189,975  
Depreciation and amortization 100,592   303,746  
Total cost of revenue 2,266,871   6,493,721  
Operating income (loss) 1,463,566   3,030,307  
Other (income) expense:        
Other income, net (25,746)   (82,856)  
Interest expense 101,868   302,587  
Income (loss) before income taxes 1,387,444   2,810,576  
Income tax expense 106   22,413  
Net income (loss) $ 1,387,338   $ 2,788,163