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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited)        
REVENUE $ 13,208,504 $ 14,846,925 $ 26,280,304 $ 26,466,001
COST OF GOODS SOLD 11,362,632 12,810,082 22,542,500 23,427,823
GROSS PROFIT 1,845,872 2,036,843 3,737,804 3,038,178
OPERATING EXPENSES        
General and administrative expenses 988,465 2,586,670 1,857,104 4,281,367
Salaries and wages 577,479 578,598 1,098,950 1,104,169
Sales and marketing expenses 245,443 139,633 392,392 544,725
Depreciation and amortization expense 108,848 108,413 221,470 215,486
TOTAL OPERATING EXPENSES 1,920,235 3,413,314 3,569,916 6,145,747
INCOME (LOSS) FROM OPERATIONS (74,363) (1,376,471) 167,888 (3,107,569)
OTHER INCOME (EXPENSE)        
Other expense, net (315) (39,415) (55,127) (217,626)
Interest expense (560,643) (780,607) (1,079,992) (1,512,433)
Non-cash interest expense (215,807) (88,979) (476,334) (139,088)
Gain (loss) on equity investments, net (1,622) (161) 56 279
Gain on extinguishment of debt 0 0 1,004,124 445,636
Change in fair value of derivative liability (22,256) 26,496 (7,255) 87,869
Foreign currency transaction, net (356,687) 96,584 (516,039) (209,436)
TOTAL OTHER EXPENSE, NET (1,157,330) (786,082) (1,130,567) (1,544,799)
LOSS BEFORE INCOME TAXES (1,231,693) (2,162,553) (962,679) (4,652,368)
BENEFIT FROM (PROVISION FOR) INCOME TAXES (9,563) (216,503) (75,230) 99,409
NET LOSS (1,241,256) (2,379,056) (1,037,909) (4,552,959)
Deemed dividend on issuance of warrants 0 0 (5,788,493) 0
Deemed dividend on downround of warrants (8,480,379) 0 (8,480,379) 0
Deemed dividend on downround of preferred stock (8,189,515) 0 (8,189,515) 0
Deemed dividend on preferred stock (352,807) 0 (352,807) 0
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS (18,263,957) (2,379,056) (23,849,103) (4,552,959)
OTHER COMPREHENSIVE INCOME (LOSS)        
Foreign currency translation adjustment, net (1,028,875) 284 (1,434,104) (473,294)
TOTAL COMPREHENSIVE LOSS $ (19,292,832) $ (2,378,772) $ (25,283,207) $ (5,026,253)
BASIC NET LOSS PER SHARE $ (0.93) $ (0.15) $ (1.28) $ (0.29)
DILUTED NET LOSS PER SHARE $ (0.93) $ (0.15) $ (1.28) $ (0.29)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING        
Basic 19,540,097 16,105,409 18,652,736 15,572,773
Diluted 19,540,097 16,105,409 18,652,736 15,572,773