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Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
NET SALES $ 79,980,060 $ 60,052,179 $ 150,077,864 $ 114,844,381
COST OF GOODS SOLD 46,046,979 32,725,598 84,355,157 61,602,819
GROSS PROFIT 33,933,081 27,326,581 65,722,707 53,241,562
SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES 33,702,103 32,672,284 68,378,046 61,904,534
INCOME (LOSS) FROM OPERATIONS 230,978 (5,345,703) (2,655,339) (8,662,972)
OTHER INCOME/(EXPENSES):        
Other Income/(Expenses), net 23,586 (20,748) 45,104 (3,453)
Interest Expense (79,869) (275,649) (783,703) (378,425)
Nonoperating Income (Expense), Total (56,283) (296,397) (738,599) (381,878)
INCOME (LOSS) BEFORE INCOME TAXES 174,695 (5,642,100) (3,393,938) (9,044,850)
INCOME TAX EXPENSE 21,600 19,250 43,200 38,500
INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS 153,095 (5,661,350) (3,437,138) (9,083,350)
OTHER COMPREHENSIVE INCOME (LOSS):        
Change in foreign currency translation (386,566) (153,321) (327,611) (62,274)
TOTAL OTHER COMPREHENSIVE (LOSS) (386,566) (153,321) (327,611) (62,274)
TOTAL COMPREHENSIVE INCOME (LOSS) $ (233,471) $ (5,814,671) $ (3,764,749) $ (9,145,624)
NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS        
-BASIC (in dollars per share) $ 0.00 $ (0.16) $ (0.09) $ (0.25)
-DILUTED (in dollars per share) $ 0.00 $ (0.16) $ (0.09) $ (0.25)
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING USED IN COMPUTING NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS        
-BASIC (in shares) 40,338,982 35,930,350 38,891,370 35,800,061
-DILUTED (in shares) 41,509,819 35,930,350 38,891,370 35,800,061