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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue:    
Revenue $ 104,264,011 $ 144,424,750
Cost of revenue 93,085,541 145,738,263
Cost of revenue before impairment loss 93,085,541 133,999,850
Impairment loss on automotive inventory 0 11,738,413
Gross (Loss) Profit 11,178,470 (1,313,513)
Selling, general and administrative 13,401,344 18,056,426
Depreciation and amortization 599,240 522,995
Operating income (loss) (2,822,114) (19,892,934)
Interest expense (1,608,820) (2,216,757)
Change in derivative liability (20,652) (116,815)
Gain (Loss) on early extinguishment of debt 0 188,164
Loss before provision for income taxes (4,451,586) (22,038,342)
Benefit for income taxes 0 0
Net loss $ (4,451,586) $ (22,038,342)
Weighted average number of common shares outstanding - basic and fully diluted 2,303,525 2,046,423
Net income (loss) per share - basic and fully diluted $ (1.93) $ (10.77)
Powersports    
Revenue:    
Revenue $ 10,854,884 $ 23,139,080
Cost of revenue 7,876,391 20,558,286
Automotive    
Revenue:    
Revenue 84,070,855 114,198,079
Cost of revenue 77,859,808 108,353,505
Transportation and Vehicle Logistics    
Revenue:    
Revenue 9,338,272 7,087,591
Cost of revenue $ 7,349,342 $ 5,088,059