v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]        
Sales, net [1] $ 24,079,623 $ 18,309,539 $ 65,826,060 $ 54,688,255
Cost of sales [1] 14,401,686 10,639,299 39,026,255 32,574,640
Gross profit 9,677,937 7,670,240 26,799,805 22,113,615
Selling expense 5,438,815 4,642,419 16,394,222 14,304,931
General and administrative expense 2,458,528 1,922,675 7,020,407 6,053,569
Depreciation and amortization 208,388 251,410 599,623 758,507
Income from operations 1,572,206 853,736 2,785,553 996,608
Other income (expense), net 931 (70) 872 (403)
(Loss) income from equity investment in non-consolidated affiliate (20,806) 26,362 50,789 49,682
Foreign exchange gain (loss) 25,204 68,720 (7,104) 145,208
Interest expense, net (976,017) (330,165) (2,769,440) (969,294)
Income before provision for income taxes 601,518 618,583 60,670 221,801
Income tax benefit (expense), net 63,085 273,781 19,337 (414,994)
Net income (loss) 664,603 892,364 80,007 (193,193)
Net income attributable to noncontrolling interests (199,023) (469,798) (562,505) (850,770)
Net income (loss) attributable to common shareholders $ 465,580 $ 422,566 $ (482,498) $ (1,043,963)
Net income (loss) per common share, basic, attributable to common shareholders $ 0.00 $ 0.00 $ (0.00) $ (0.01)
Weighted average shares used in computation, basic, attributable to common shareholders 163,470,150 160,963,862 163,249,687 160,728,918
Net income (loss) per common share, diluted, attributable to common shareholders $ 0.00 $ 0.00 $ (0.00) $ (0.01)
Weighted average shares used in computation, diluted, attributable to common shareholders 171,121,927 165,245,935 163,249,687 160,728,918
[1] Sales, net and Cost of sales include excise taxes of $1,938,739 and $1,646,486 for the three months ended December 31, 2017 and 2016, respectively, and $5,338,124 and $5,275,187 for the nine months ended December 31, 2017 and 2016, respectively.