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Condensed Interim Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Sales        
Total Sales $ 11,367,132 $ 10,528,739 $ 18,840,824 $ 19,753,611
Cost of sales 5,981,866 6,589,644 11,503,994 12,994,149
Gross profit 5,385,266 3,939,095 7,336,830 6,759,462
Operating Expenses        
Advertising and promotion 75,647 63,283 166,677 130,232
Commissions 19,101 19,961
Consulting 41,127 142,395 142,077 242,316
Currency exchange 34,951 47,681 34,401 46,046
Insurance 247,632 229,198 499,829 473,458
Investor relations and transfer agent fee 40,326 46,174 83,045 85,478
Lease expense and rent 31,108 12,195 53,268 42,345
Office and miscellaneous 232,836 197,707 374,955 355,330
Professional fees 150,843 122,470 312,526 183,465
Research 167,247 62,474 274,048 189,128
Shipping 11,193 7,014 21,189 14,843
Telecommunications 23,068 15,996 34,833 29,528
Travel 30,820 61,179 79,577 127,440
Utilities 87,463 76,256 222,460 149,932
Wages, administrative salaries and benefits 894,790 884,161 1,790,027 1,953,178
Total operating expenses 2,088,152 1,968,183 4,108,873 4,022,719
Operating income 3,297,114 1,970,912 3,227,957 2,736,743
Non-operating income (expense)        
Gain on investment 21,735 115,463 85,660 298,438
Loss on lease termination     (41,350)
Interest expense (184,126) (157,131) (382,145) (332,397)
Interest income 26,667 61,440 76,240 109,637
Total non-operating income (expense) (135,724) 19,772 (220,245) 34,328
Income before income tax 3,161,390 1,990,684 3,007,712 2,771,071
Income taxes        
Income tax expense (1,016,156) (558,251) (1,126,519) (822,429)
Net income 2,145,234 1,432,433 1,881,193 1,948,642
Net income attributable to non-controlling interests (116,322) (142,637) (130,015) (201,620)
Net income attributable to Flexible Solutions International Inc. $ 2,028,912 $ 1,289,796 $ 1,751,178 $ 1,747,022
Net income per share (basic) $ 0.16 $ 0.10 $ 0.14 $ 0.14
Net income per share (diluted) $ 0.15 $ 0.10 $ 0.13 $ 0.14
Weighted average number of common shares (basic) 12,647,532 12,450,532 12,617,808 12,450,118
Weighted average number of common shares (diluted) 13,267,333 12,480,712 13,382,735 12,450,118
Other comprehensive loss:        
Net income $ 2,145,234 $ 1,432,433 $ 1,881,193 $ 1,948,642
Unrealized gain on foreign currency translations 80,514 35,118 269,354 62,341
Total comprehensive income 2,225,748 1,467,551 2,150,547 2,010,983
Comprehensive income – non-controlling interest (116,322) (142,637) (130,015) (201,620)
Comprehensive income attributable to Flexible Solutions International Inc. 2,109,426 1,324,914 2,020,532 1,809,363
Product [Member]        
Sales        
Total Sales 8,867,132 10,528,739 16,340,824 19,753,611
Research and Development Services [Member]        
Sales        
Total Sales $ 2,500,000 $ 2,500,000