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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenue $ 10,281,844 $ 7,421,198
Cost of Goods Sold 7,642,768 5,946,118
Gross Profit 2,639,076 1,475,080
Operating Expenses:    
Selling expenses 676,800 483,587
General and administrative expenses 1,470,393 770,864
Research and development expenses 310,954 203,172
Total Operating Expense 2,458,147 1,457,623
Income from Operations 180,929 17,457
Other Income (Expense)    
Interest and other income 4,490 7,277
Interest expense (104,856) (38,648)
Gain on currency transactions 207,627 48,158
Total Other Income 107,261 16,787
Income Before Income Taxes 288,190 34,244
Income Tax Benefit (15,309)
Net Income $ 303,499 $ 34,244
Basic Income Per Share (in dollars per share) $ 0.01 $ 0
Diluted Income Per Share (in dollars per share) $ 0.01 $ 0
Basic Weighted Average Common Shares Outstanding (in shares) 20,554,524 18,267,068
Diluted Weighted Average Common Shares Outstanding (in shares) 20,711,035 19,145,875