Summary of Significant Accounting Policies (Tables)

3 Months Ended

Apr. 30, 2022

Accounting Policies [Abstract]

Schedule of Inventories

Inventories are stated at the lower of cost or net realizable value using the first-in, first-out (FIFO) valuation method. Inventory was comprised of the following at April 30, 2022 and January 31, 2022:

	April 30, 2022		January 31, 2022
Raw Materials	$	2,302,882	$	1,854,156
Work in Process		327,321		244,974
Finished goods		1,538,488		791,663
	$	4,168,691	$	2,890,793

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 Other Intangible Assets Impairment Losses Recognized for Goodwill

Other intangibles consist of trademarks, trade names and customer relationships. Intangible asset lives for financial statement reporting of amortization are:

Tradenames and trademarks	3 years
Customer relationships	4 - 5 years

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 Three Months Ended
	April 30, 2022		April 30, 2021
Gross Sales	$	22,348,592	$	10,748,166
Less: Slotting, Discounts, Allowances		518,012		434,766
Net Sales	$	21,830,580	$	10,313,400

Schedule of Disaggregates Gross Revenue by Significant Geographic Area

	For the Three Months Ended
	April 30, 2022		April 30, 2021
Northeast	$	8,689,282	$	3,422,669
Southeast		5,507,797		3,801,029
Midwest		2,824,799		1,027,649
West		2,898,856		1,557,111
Southwest		2,427,858		939,708
Total revenue	$	22,348,592	$	10,748,166

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 attributable to common stockholders per common share.

	For the Three Months Ended
	April 30, 2022		April 30, 2021
Numerator:
Net income attributable to common stockholders	$	103,697		631,524
Effect of dilutive securities:		—		—
Diluted net income	$	103,697	$	631,524
Denominator:
Weighted average common shares outstanding - basic		35,759,244		35,622,060
Dilutive securities (a):
Series A Preferred		-		-
Options		389,677		569,392
Warrants		-		-
Weighted average common shares outstanding and assumed conversion – diluted		36,148,920		36,191,451
Basic net income per common share	$	0.00	$	0.02
Diluted net income per common share	$	0.00	$	0.02
(a) - Anti-dilutive securities excluded:		-		-