XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenue $ 17,009,771 $ 16,958,489 $ 49,398,874 $ 52,154,339
Cost of goods sold 12,725,537 12,419,325 37,312,903 39,354,071
Gross margin 4,284,234 4,539,164 12,085,971 12,800,268
Selling, general and administrative expenses 3,570,339 4,157,015 11,446,560 12,782,029
Separation costs - executive officers 0 0 0 1,945,650
Total operating expenses 3,570,339 4,157,015 11,446,560 14,727,679
Operating income (loss) 713,895 382,149 639,411 (1,927,411)
Other income (expense)        
Interest expense, net (217,275) (260,994) (642,212) (643,355)
Gain on sale of assets 834,463 0 2,641,979 0
Gain on sale of subsidiary 0 0 21,126 0
Other leasing income 1,900 2,389 5,700 6,189
Total other income (expense) 619,088 (258,605) 2,026,593 (637,166)
Net income (loss) before taxes 1,332,983 123,544 2,666,004 (2,564,577)
Income tax expense 0 0 0 15,834
Net income (loss) from continuing operations 1,332,983 123,544 2,666,004 (2,580,411)
Net income (loss) from discontinued operations 1,847 11,189 (8,624) (100,151)
Consolidated net income (loss) $ 1,334,830 $ 134,733 $ 2,657,380 $ (2,680,562)
Net income (loss) per share from continuing operations - basic (in Dollars per share) $ 0.03 $ 0 $ 0.05 $ (0.05)
Net income (loss) per share from continuing operations - diluted (in Dollars per share) 0.03 0 0.05 (0.05)
Net income (loss) per share from discontinued operations - basic (in Dollars per share) 0 0 0 0
Net income (loss) per share from discontinued operations - diluted (in Dollars per share) $ 0 $ 0 $ 0 $ 0
Weighted average shares outstanding - basic (in Shares) 50,995,008 49,193,476 50,518,152 48,909,277
Weighted average shares outstanding - diluted (in Shares) 51,639,238 49,235,998 51,162,382 48,909,277