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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited)        
REVENUE $ 12,363,429 $ 13,208,504 $ 24,713,206 $ 26,280,304
COST OF GOODS SOLD 11,416,595 11,362,632 22,809,295 22,542,500
GROSS PROFIT 946,834 1,845,872 1,903,911 3,737,804
OPERATING EXPENSES        
General and administrative expenses 2,000,151 988,465 4,089,165 1,857,104
Salaries and wages 1,077,672 577,479 2,027,123 1,098,950
Sales and marketing expenses 318,061 245,443 785,324 392,392
Depreciation and amortization expense 127,415 108,848 229,936 221,470
TOTAL OPERATING EXPENSES 3,523,299 1,920,235 7,131,548 3,569,916
GAIN (LOSS) FROM OPERATIONS (2,576,465) (74,363) (5,227,637) 167,888
OTHER INCOME (EXPENSE)        
Other expense, net (34,477) (315) (28,734) (55,127)
Interest expense (244,135) (620,914) (378,508) (1,205,090)
Interest income 261,269 60,271 444,685 125,098
Non-cash interest expense 0 (215,807) 0 (476,334)
Gain on equity investments, net 2,676 (1,622) 3,969 56
Gain on extinguishment of debt 2,257 0 1,910,770 1,004,124
Change in fair value of derivative liability 0 (22,256) 3,384 (7,255)
Bargain purchase gain 1,633,842 0 1,633,842 0
Foreign currency transaction, net 66,674 (356,687) 262,709 (516,039)
TOTAL OTHER INCOME (EXPENSE), NET 1,688,106 (1,157,330) 3,852,117 (1,130,567)
LOSS BEFORE INCOME TAXES (888,359) (1,231,693) (1,375,520) (962,679)
INCOME TAX EXPENSE (93,171) (9,563) (65,873) (75,230)
NET LOSS (981,530) (1,241,256) (1,441,393) (1,037,909)
Deemed dividend on issuance of warrants 0 0 0 (5,788,493)
Deemed dividend on downround of warrants 0 (8,480,379) 0 (8,480,379)
Deemed dividend on downround of preferred stock 0 (8,189,515) 0 (8,189,515)
Deemed dividend on preferred stock   (352,807)   (352,807)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS (981,530) (18,263,957) (1,441,393) (23,849,103)
OTHER COMPREHENSIVE INCOME (LOSS)        
Foreign currency translation adjustment, net 83,188 (1,028,875) 419,651 (1,434,104)
TOTAL COMPREHENSIVE LOSS $ (898,342) $ (19,292,832) $ (1,021,742) $ (25,283,207)
BASIC NET LOSS PER SHARE $ (0.09) $ (23.37) $ (0.13) $ (31.96)
DILUTED NET LOSS PER SHARE $ (0.09) $ (23.37) $ (0.13) $ (31.96)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING        
Basic 10,819,645 781,604 10,718,010 746,109
Diluted 10,819,645 781,604 10,718,010 746,109