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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Net Sales $ 11,525,469 $ 13,225,954 $ 41,489,372 $ 41,397,288
Cost of Sales 9,336,935 10,039,044 32,636,925 31,475,520
Gross profit 2,188,534 3,186,910 8,852,447 9,921,768
Operating expenses:        
General and administrative 1,509,804 1,923,315 5,074,340 5,691,186
Selling 728,303 861,856 2,545,635 2,771,150
Advertising and marketing 302,985 454,927 931,475 1,548,709
Gain on sale of assets (24,061) (27,426) (71,474) (119,127)
Other operating income (1,416)
Total operating expenses 2,517,031 3,212,672 8,479,976 9,890,502
(Loss) Income from operations (328,497) (25,762) 372,471 31,266
Other (expense) income:        
Interest expense (471,268) (367,391) (1,586,108) (1,100,038)
Interest income 5,423 16,467
Change in fair value of warrants (3,809) 19,999
Foreign currency loss 35,528 (11,430) 53,311 (92,382)
Total other expense, net (430,317) (382,630) (1,516,330) (1,172,421)
Net (loss) before taxes (758,814) (408,392) (1,143,859) (1,141,155)
Income tax expense (212,589) (125,678) (332,791) (313,151)
Net (loss) (546,225) (282,714) (811,068) (828,004)
Less: Net (loss) income attributable to noncontrolling interest 13,072 (8,014) (38,968) (85,645)
Net loss attributable to CTI Industries Corporation (559,297) (274,700) (772,100) (742,359)
Other Comprehensive Income (Loss)        
Foreign currency adjustment 231,827 (260,469) (110,605) 492,900
Comprehensive Income (Loss) $ (327,470) $ (535,169) $ (882,705) $ (249,459)
Basic loss per common share (in dollars per share) $ (0.16) $ (0.08) $ (0.22) $ (0.20)
Diluted loss per common share (in dollars per share) $ (0.16) $ (0.08) $ (0.22) $ (0.20)
Weighted average number of shares and equivalent shares of common stock outstanding:        
Basic (in shares) 3,530,227 3,641,439 3,530,227 3,641,439
Diluted (in shares) 3,530,227 3,641,439 3,530,227 3,789,081