REVENUE

6 Months Ended

Jun. 30, 2025

REVENUE

REVENUE

NOTE 10 — REVENUE

The following table depicts the Company’s disaggregation of total sales and gross margin for the three months ended June 30, 2025 and 2024:

	Three Months Ended June 30,
	2025						2024
	Sales		Gross Margin		Margin		Sales		Gross Margin		Margin
Consumer	$	43,173,758	$	4,657,986	10.8	%	$	31,990,028	$	4,021,329	12.6	%
Commercial		11,703,075		7,729,937	65.5	%		13,306,974		7,368,128	65.5	%
	$	54,876,833	$	12,387,923	22.6	%	$	45,297,002	$	11,389,457	25.1	%

The following table depicts the Company’s disaggregation of total sales and gross margin for the six months ended June 30, 2025 and 2024:

	Six Months Ended June 30,
	2025						2024
	Sales		Gross Margin		Margin		Sales		Gross Margin		Margin
Consumer	$	79,944,362	$	8,868,889	11.1	%	$	60,216,045	$	7,570,518	12.6	%
Commercial		23,188,300		15,487,058	66.8	%		24,938,737		14,139,623	56.7	%
	$	103,132,662	$	24,355,947	23.6	%	$	85,154,782	$	21,710,141	25.5	%

The following table lists the opening and closing balances of our contract assets and liabilities:

		Accounts		Contract		Contract
		Receivable		Assets		Liabilities
Consumer
Opening Balance - 1/1/2024	$	3,411,501	$	—	$	185,348
Closing Balance - 6/30/2024		396,415		—		299,613
Commercial
Opening Balance - 1/1/2024		4,399,658		—		—
Closing Balance - 6/30/2024		4,441,809		—		—

		Accounts		Contract		Contract
		Receivable		Assets		Liabilities
Consumer
Opening Balance - 1/1/2025	$	738,132	$	—	$	435,508
Closing Balance - 6/30/2025		1,395,486		—		1,601,699
Commercial
Opening Balance - 1/1/2025		3,646,106		—		—
Closing Balance - 6/30/2025		3,670,433		—		3,623

The Company has no contract assets, and the contract liabilities are customer deposits and gift cards, which are reported within other liabilities in the condensed consolidated balance sheets.