XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Oct. 31, 2017
Oct. 31, 2016
Income Statement [Abstract]        
Sales-net of slotting fees and discounts $ 7,351,355 $ 4,576,225 $ 19,714,090 $ 12,638,482
Costs of Sales 4,991,138 2,892,012 13,443,949 8,113,756
Gross profit 2,360,217 1,684,213 6,270,141 4,524,726
Operating expenses:        
Research and development 27,528 38,529 77,647 106,316
General and administrative 1,914,914 1,402,121 5,251,090 4,339,234
Total operating expenses 1,942,442 1,440,650 5,328,737 4,445,550
Income from operations 417,775 243,563 941,404 79,176
Other income (expense):        
Interest expense (183,974) (153,159) (528,969) (472,870)
Amortization of debt discount (30,447) (9,801) (56,457) (28,620)
Total other income (expense) (214,421) (162,960) (585,426) (501,490)
Net income (loss) 203,354 80,603 355,978 (422,314)
Less: preferred dividends (46,800) (91,565) (158,121)
Net income (loss) available to common stockholders $ 203,354 $ 33,803 $ 264,413 $ (580,435)
Net income (loss) per common share - basic $ 0.01 $ 0.00 $ 0.01 $ (0.02)
Net income (loss) per common share - diluted $ 0.01 $ 0.00 $ 0.01 $ (0.02)
Weighted average common shares outstanding – basic 31,503,665 27,257,834 29,152,736 26,937,969
Weighted average common shares outstanding – diluted 33,283,110 27,507,834 30,932,182 26,937,969