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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)        
Net sales $ 4,846,795 $ 14,397,648 $ 19,174,369 $ 39,140,246
Cost of goods sold 4,532,565 11,647,135 18,409,703 33,406,211
Gross Profit 314,230 2,750,513 764,666 5,734,035
Operating expenses        
General and administrative 1,205,032 1,173,593 3,322,846 3,186,714
Share based compensation 74,604 102,571 534,572 325,887
Depreciation and amortization 219,746 157,470 589,267 308,875
Total Operating expenses 1,499,382 1,433,634 4,446,685 3,821,476
Income (loss) from operations (1,185,152) 1,316,879 (3,682,019) 1,912,559
Other income (expense)        
Loss on issuance of private placement (1,935,934) 0 (1,935,934) 0
Interest expense (1,320,115) (1,914,406) (4,773,663) (1,821,529)
Other income (loss) (4,059) 0 1,085 0
Loss on extinguishment of debt 0 0 (108,887) (188,227)
Gain (loss) on sale of assets 0 0 (25,075) 550,000
Other expense, net (3,260,108) (1,914,406) (6,842,474) (1,459,756)
Income (loss) before provision for income taxes (4,445,260) (597,527) (10,524,493) 452,803
Provision for income taxes 0 0 0 (2,327)
Net income (loss) (4,445,260) (597,527) (10,524,493) 450,476
Other comprehensive income (loss)        
Exchange gain (loss) on translation of foreign operations 0 (254) (8,134) 16,170
Net income (loss) and comprehensive income (loss) $ (4,445,260) $ (597,781) $ (10,532,627) $ 466,646
Earnings (loss) per common share        
Basic $ (0.25) $ (0.04) $ (0.59) $ 0.03
Diluted $ (0.25) $ (0.04) $ (0.59) $ 0.03
Weighted average shares outstanding        
Basic 17,819,356 16,323,103 17,819,356 16,323,103
Diluted 17,819,356 16,323,103 17,819,356 16,323,103