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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current    
Cash and cash equivalents $ 14,787,745 $ 11,500,973
Accounts receivable, net 7,307,475 7,154,084
Inventory, net 18,791,816 15,141,153
Prepaid expenses and other current assets 2,369,901 2,391,340
Income tax receivable 0 93,150
Total current assets 43,256,937 36,280,700
Property and equipment, net 4,544,185 4,014,653
Right-of-Use lease assets 5,507,396 5,079,110
Intangible assets, net 4,638,902 3,820,460
Other assets 346,666 0
Goodwill 3,396,712 2,406,512
Total assets 61,690,798 51,601,435
Current    
Current portion of notes payable 699,568 462,226
Current portion lease liabilities 1,332,472 1,126,701
Accounts payable and accrued liabilities 12,431,320 10,197,353
Income tax payable 321,263 0
Total current liabilities 14,784,623 11,786,280
Revolving line of credit 6,000,000 0
Deferred tax liability, net 846,768 604,715
Non-current portion of lease liabilities 4,224,690 4,009,949
Non-current portion of notes payable 852,687 307,281
Total liabilities 26,708,768 16,708,225
Stockholders’ equity    
Preferred stock, $0.001 par value; authorized 10,000,000; none issued and outstanding 0 0
Common stock, $0.001 par value; 100,000,000 shares authorized; 27,612,597 issued and outstanding 27,613 27,613
Additional paid-in-capital 10,412,471 11,348,163
Accumulated other comprehensive loss (1,664,286) (908,764)
Retained earnings 26,206,232 24,594,878
Equity attributable to stockholders of the company 34,982,030 35,061,890
Non-controlling interest 0 (168,680)
Total stockholders’ equity 34,982,030 34,893,210
Total liabilities and stockholders’ equity $ 61,690,798 $ 51,601,435