Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jul. 31, 2019

Accounting Policies [Abstract]

Schedule of Inventories

Inventory was comprised of the following at July 31, 2019 and January 31, 2019:

	July 31, 2019		January 31, 2019
Raw Materials	$	907,229	$	556,703
Work in Process		4,530		38,769
Finished goods		553,165		800,928
	$	1,464,924	$	1,396,400

Schedule of Property and Equipment Estimated Useful Lives

Asset lives for financial statement reporting of depreciation are:

Machinery and equipment	2-7 years
Furniture and fixtures	3 years
Leasehold improvements	*

(*) Amortized on a straight-line basis over the term of the lease or the estimated useful lives, whichever period is shorter.

Schedule of Expenses of Slotting Fees, Sales Discounts and Allowances are Accounted as Direct Reduction of Revenues

Expenses such as slotting fees, sales discounts, and allowances are accounted for as a direct reduction of revenues as follows:

	For the Six Months Ended
	July 31, 2019		July 31, 2018
Gross Sales	$	15,658,081	$	13,585,549
Less: Slotting, Discounts, Allowances		193,812		202,725
Net Sales	$	15,464,269	$	13,382,824

Schedule of Disaggregates Gross Revenue By Significant Geographic Area

Disaggregation of Revenue from Contracts with Customers. The following table disaggregates gross revenue by significant geographic area for the six months ended July 31, 2019 and 2018:

	For the Six Months Ended
	July 31, 2019		July 31, 2018
Northeast	$	5,219,863	$	4,115,947
Southeast		3,681,339		3,052,174
Midwest		2,134,045		2,182,830
West		2,713,142		2,547,803
Southwest		1,909,692		1,686,795
Total revenue	$	15,658,081	$	13,585,549

Schedule of Fair Value of Share-Based Payments

For the six months ended July 31, 2019 and 2018, when computing fair value of share-based payments, the Company has considered the following variables:

	July 31, 2019			July 31, 2018
Risk-free interest rate		1.84 - 2.29	%		1.99	%
Expected life of grants		3 - 3.5 years			2.0 years
Expected volatility of underlying stock		129 - 150	%		172	%
Dividends		0	%		0	%

Schedule of Earnings Per Share, Basic and Diluted

The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net income (loss) attributable to common stockholders per common share.

	For the Three Months Ended
	July 31, 2019		July 31, 2018
Numerator:
Net income attributable to common stockholders	$	358,308	$	(210,195	)
Effect of dilutive securities:		—		—
Diluted net income (loss)	$	358,308	$	(210,195	)
Denominator:
Weighted average common shares outstanding - basic		31,947,763		31,859,812
Dilutive securities (a):
Series A Preferred		-		-
Options		34,043		-
Warrants		-		-
Weighted average common shares outstanding and assumed conversion – diluted		31,981,806		31,859,812
Basic net income (loss) per common share	$	0.01	$	(0.01	)
Diluted net income (loss) per common share	$	0.01	$	(0.01	)
(a) - Anti-dilutive securities excluded:		6,777,164		7,216,665

	For the Six Months Ended
	July 31, 2019		July 31, 2018
Numerator:
Net income attributable to common stockholders	$	713,974	$	113,806
Effect of dilutive securities:		-		-
Diluted net income	$	713,974	$	113,806
Denominator:
Weighted average common shares outstanding - basic		31,907,676		31,820,898
Dilutive securities (a):
Series A Preferred		-		-
Options		34,043		166,259
Warrants		-		577,775
Weighted average common shares outstanding and assumed conversion – diluted		31,941,719		32,564,932
Basic net income per common share	$	0.02	$	0.00
Diluted net income per common share	$	0.02	$	0.00
(a) - Anti-dilutive securities excluded:		6,777,164		3,365,001