XML 40 R29.htm IDEA: XBRL DOCUMENT v3.23.2

SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2023

SEGMENT INFORMATION

Schedule Of Segment Reporting

		For The Three Months Ended June 30,
		2023												2022
		Consumer				Commercial				Consolidated				Consumer				Commercial				Consolidated
Revenue:
Sales		$	39,641,434			$	10,662,093			$	50,303,527			$	30,339,127			$	12,300,591			$	42,639,718
Cost of goods sold			35,546,792				3,994,688				39,541,480				26,150,543				5,011,175				31,161,718
Gross profit			4,094,642				6,667,405				10,762,047				4,188,584				7,289,416				11,478,000
Expenses:
Selling, general and administrative expenses (1)			2,472,973				5,889,581				8,362,554				2,252,909				4,947,824				7,200,733
Depreciation and amortization			79,408				256,766				336,174				101,434				178,082				279,516
			2,552,381				6,146,347				8,698,728				2,354,343				5,125,906				7,480,249
Operating income			1,542,261				521,058				2,063,319				1,834,241				2,163,510				3,997,751
Other income/expense:
Other income (1)			23,929				129,723				153,652				9,397				12,004				21,401
Interest expense			58,209				56,479				114,688				61,663				59,379				121,042
Income before income taxes			1,507,981				594,302				2,102,283				1,781,975				2,116,135				3,898,110
Income tax expense			339,672				158,902				498,574				15,391				34,861				50,252
Net income		$	1,168,309			$	435,400			$	1,603,709			$	1,766,584			$	2,081,274			$	3,847,858

		For The Six Months Ended June 30,
		2023												2022
		Consumer				Commercial				Consolidated				Consumer				Commercial				Consolidated
Revenue:
Sales		$	76,345,831			$	22,346,736			$	98,692,567			$	66,121,999			$	23,932,817			$	90,054,816
Cost of goods sold			68,266,221				8,254,397				76,520,618				57,709,953				11,155,829				68,865,782
Gross profit			8,079,610				14,092,339				22,171,949				8,412,046				12,776,988				21,189,034
Expenses:
Selling, general and administrative expenses (1)			4,868,998				11,398,859				16,267,857				4,433,466				9,412,238				13,845,704
Depreciation and amortization			177,542				512,983				690,525				208,397				363,066				571,463
			5,046,540				11,911,842				16,958,382				4,641,863				9,775,304				14,417,167
Operating income			3,033,070				2,180,497				5,213,567				3,770,183				3,001,684				6,771,867
Other income/expense:
Other income (1)			47,463				316,968				364,431				24,014				24,027				48,041
Interest expense			117,827				113,925				231,752				122,904				121,377				244,281
Income before income taxes			2,962,706				2,383,540				5,346,246				3,671,293				2,904,334				6,575,627
Income tax expense			657,513				558,707				1,216,220				28,568				51,976				80,544
Net income		$	2,305,193			$	1,824,833			$	4,130,026			$	3,642,725			$	2,852,358			$	6,495,083

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
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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