REVENUE

9 Months Ended

Sep. 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 September 30, 2025 and 2024:

	Three Months Ended September 30,
	2025						2024
	Sales		Gross Margin		Margin		Sales		Gross Margin		Margin
Consumer	$	45,068,036	$	5,201,070	11.5	%	$	33,756,600	$	3,916,315	11.6	%
Commercial		12,321,375		7,866,860	63.8	%		13,142,959		7,547,924	57.4	%
	$	57,389,411	$	13,067,930	22.8	%	$	46,899,559	$	11,464,239	24.4	%

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

	Nine Months Ended September 30,
	2025						2024
	Sales		Gross Margin		Margin		Sales		Gross Margin		Margin
Consumer	$	125,012,398	$	14,069,959	11.3	%	$	93,972,645	$	11,486,833	12.2	%
Commercial		35,509,675		23,353,918	65.8	%		38,081,696		21,687,547	57.0	%
	$	160,522,073	$	37,423,877	23.3	%	$	132,054,341	$	33,174,380	25.1	%

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	$	—	$	211,651
Closing Balance - 9/30/2024		366,612		—		2,924,060
Commercial
Opening Balance - 1/1/2024		4,399,658		—		—
Closing Balance - 9/30/2024		3,514,867		—		—

		Accounts		Contract		Contract
		Receivable		Assets		Liabilities
Consumer
Opening Balance - 1/1/2025	$	738,132	$	—	$	455,385
Closing Balance - 9/30/2025		1,546,403		—		1,001,918
Commercial
Opening Balance - 1/1/2025		3,646,106		—		—
Closing Balance - 9/30/2025		3,236,161		—		38,058

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