XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Sales, Net $ 10,028,497 $ 1,638,674 $ 17,081,915 $ 2,891,332
Cost of Sales 4,463,602 663,362 7,029,012 1,156,672
Gross Profit 5,564,895 975,312 10,052,903 1,734,660
Operating Expenses:        
Professional Fees 54,831 108,923 190,956 214,404
Depreciation and Amortization 172,298 179,535 344,207 356,380
Selling Expenses 388,827 518,546 767,472 960,216
Research and Development 141,123 68,659 200,581 161,236
Equity Compensation Expense (Note ) 114,293 6,116 297,065 87,033
Consulting Fees 69,705 20,261 151,250 55,267
General and Administrative 967,158 608,605 1,785,303 1,303,485
Total Operating Expenses 1,908,235 1,510,645 3,736,834 3,138,021
Income (Loss) from Operations 3,656,660 (535,333) 6,316,069 (1,403,361)
Other Income (Expense):        
Amortization of Debt Discounts 0 0 0 (17,534)
Interest Income 1,043 629 1,585 1,659
Interest Expense (787) (50,000) (41,476) (100,000)
Total Other Income (Expense) 256 (49,371) (39,891) (115,875)
Income (Loss) Before Income Taxes 3,656,916 (584,704) 6,276,178 (1,519,236)
Provision for Income Taxes (Note 17) 0 0 0 0
Net Income (Loss) $ 3,656,916 $ (584,704) $ 6,276,178 $ (1,519,236)
Net Income (Loss) Per Common Share        
Basic $ 0.03 $ (0.00) $ 0.05 $ (0.01)
Diluted $ 0.02 $ (0.00) $ 0.04 $ (0.01)
Basic Weighted Average Common Shares Outstanding 133,541,403 124,699,539 130,172,111 124,679,534
Diluted Weighted Average Common Shares Outstanding 148,558,078 124,699,539 145,188,786 124,679,534