XML 13 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Revenue $ 20,196,913 $ 23,898,748 $ 59,257,416 $ 77,018,684
Cost of sales 14,869,100 20,246,764 46,835,304 64,850,010
Gross profit 5,327,813 3,651,984 12,422,112 12,168,674
Selling, general and administrative expenses 2,744,265 2,765,849 8,579,314 8,834,343
Income from operations 2,583,548 886,135 3,842,798 3,334,331
Other income 4,795,000 4,795,000
Interest expense (721,046) (252,506) (1,488,091) (840,680)
Income before provision for income taxes 1,862,502 5,428,629 2,354,707 7,288,651
Provision for income taxes 3,750 3,374 11,250 7,702
Net income $ 1,858,752 $ 5,425,255 $ 2,343,457 $ 7,280,949
Income per common share – basic $ 0.15 $ 0.44 $ 0.19 $ 0.60
Income per common share – diluted $ 0.15 $ 0.44 $ 0.19 $ 0.60
Shares used in computing loss per common share:        
Basic 12,301,752 12,286,712 12,362,960 12,153,838
Diluted 12,349,283 12,320,588 12,410,491 12,187,714