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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Net Sales $ 16,747,827 $ 33,222,625 $ 63,159,929 $ 70,813,414
Cost of Sales 13,529,002 27,323,972 50,834,321 58,741,122
Gross Profit 3,218,825 5,898,653 12,325,608 12,072,292
Operating Expenses        
Selling expenses 853,378 1,003,906 2,534,436 2,690,342
General and administrative expenses 3,722,250 2,124,614 7,570,814 7,608,323
Total Operating Expenses 4,575,628 3,128,520 10,105,250 10,298,665
Income (Loss) From Operations (1,356,803) 2,770,133 2,220,358 1,773,627
Other Income (Expenses)        
Non-operating expense, net (3,486) 0 596 797
Foreign exchange transaction (loss) gain 11 (94) (430) (324)
Interest expense, net (36,630) (40,932) (92,416) (133,093)
Financial expense (37,392) (34,508) (106,889) (86,335)
Total Other Expenses, Net (77,497) (75,534) (199,139) (218,955)
Income (Loss) Before Income Taxes (1,434,300) 2,694,599 2,021,219 1,554,672
Income Tax Benefit (942,267) (262,034) (505,074) (750,037)
Net Income (Loss) and Comprehensive Income (Loss) $ (492,033) $ 2,956,633 $ 2,526,293 $ 2,304,709
Basic weighted average shares outstanding (in Shares) [1] 28,439,977 27,846,921 28,349,945 27,570,425
Diluted weighted average shares outstanding (in Shares) 28,439,977 27,980,629 28,659,655 27,704,406
Basic (in Dollars per share) $ (0.02) $ 0.11 $ 0.09 $ 0.08
Diluted (in Dollars per share) $ (0.02) $ 0.11 $ 0.09 $ 0.08
[1] Including 836,534 and 571,533 shares that were granted and vested but not yet issued for the nine months ended September 30, 2018 and 2017, respectively.