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SEGMENT INFORMATION
12 Months Ended
Dec. 31, 2025
SEGMENT INFORMATION  
SEGMENT INFORMATION

NOTE 9 — SEGMENT INFORMATION

The CODM uses operating income to evaluate the performance of the overall business, make investing decisions, and allocate resources. The following table depicts the Company’s segment results of operations, including significant expenses that are regularly reviewed by the CODM, for the years ended December 31, 2025 and 2024:

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Year Ended December 31, 

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  ​ ​ ​

2025

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2024

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Consumer

  ​ ​ ​

Commercial

  ​ ​ ​

Consolidated

  ​ ​ ​

Consumer

  ​ ​ ​

Commercial

  ​ ​ ​

Consolidated

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Sales

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$

192,717,539

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$

48,303,823

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$

241,021,362

 

$

130,469,468

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$

49,906,761

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$

180,376,229

Cost of goods sold

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169,793,289

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17,303,080

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187,096,369

 

 

114,587,598

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21,472,844

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136,060,442

Selling, general and administrative

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15,454,592

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18,494,881

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33,949,473

 

 

15,211,970

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19,393,162

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34,605,132

Depreciation and amortization

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791,966

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1,074,623

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1,866,589

 

 

524,510

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1,027,264

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1,551,774

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Operating income

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$

6,677,692

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$

11,431,239

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$

18,108,931

 

$

145,390

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$

8,013,491

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$

8,158,881

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The following table depicts a reconciliation from segment operating income to income before income taxes for the years ended December 31, 2025 and 2024:

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Year Ended December 31, 

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2025

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2024

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​

Consumer

  ​ ​ ​

Commercial

  ​ ​ ​

Consolidated

  ​ ​ ​

Consumer

  ​ ​ ​

Commercial

  ​ ​ ​

Consolidated

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Operating income

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$

6,677,692

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$

11,431,239

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$

18,108,931

 

$

145,390

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$

8,013,491

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$

8,158,881

Other income

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352,295

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668,634

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1,020,929

 

 

104,561

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933,121

​

 

1,037,682

Interest expense

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(204,603)

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(202,039)

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(406,642)

 

 

(228,792)

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(218,591)

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(447,383)

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Income before income taxes

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$

6,825,384

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$

11,897,834

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$

18,723,218

 

$

21,159

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$

8,728,021

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$

8,749,180

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Other significant segment items that are regularly reviewed by the CODM are Capital Expenditures, which the Company defines as any purchases of property and equipment or intangible assets. The following table depicts Capital Expenditures for the years ended December 31, 2025 and 2024:

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Year Ended December 31, 

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  ​ ​ ​

2025

  ​ ​ ​

2024

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Consumer

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$

820,906

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$

3,159,705

Commercial

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84,792

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144,419

Corporate

​

 

345,448

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454,280

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$

1,251,146

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$

3,758,404

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The following table depicts the Company’s total assets:

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As of

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  ​ ​ ​

December 31, 2025

  ​ ​ ​

December 31, 2024

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Consumer

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$

56,313,243

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$

40,454,328

Commercial

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20,272,552

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33,068,887

Corporate

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19,436,952

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4,347,274

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$

96,022,747

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$

77,870,489

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