XML 27 R15.htm IDEA: XBRL DOCUMENT v3.26.1
SEGMENT INFORMATION
6 Months Ended
Jun. 30, 2026
SEGMENT INFORMATION  
SEGMENT INFORMATION

NOTE 9 — SEGMENT INFORMATION

The CODM uses operating income to evaluate overall business performance, make investment 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 three months ended June 30, 2026 and 2025:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 

​

  ​ ​ ​

2026

​

2025

​

 

Consumer

  ​ ​ ​

Commercial

  ​ ​ ​

Consolidated

  ​ ​ ​

Consumer

  ​ ​ ​

Commercial

  ​ ​ ​

Consolidated

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Sales

​

$

44,729,129

​

$

12,045,512

​

$

56,774,641

 

$

43,173,758

​

$

11,703,075

​

$

54,876,833

Cost of goods sold

​

 

39,204,853

​

 

4,191,956

​

 

43,396,809

 

 

38,515,772

​

 

3,973,138

​

 

42,488,910

Selling, general and administrative

​

 

3,453,499

​

 

4,324,614

​

 

7,778,113

 

 

3,735,427

​

 

4,936,640

​

 

8,672,067

Depreciation and amortization

​

 

234,065

​

 

263,198

​

 

497,263

 

 

195,604

​

 

264,807

​

 

460,411

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Operating income

​

$

1,836,712

​

$

3,265,744

​

$

5,102,456

 

$

726,955

​

$

2,528,490

​

$

3,255,445

​

The following table depicts the reconciliation of the Company’s segment operating income to income before income taxes for the three months ended June 30, 2026 and 2025:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 

​

​

2026

​

2025

​

​

Consumer

  ​ ​ ​

Commercial

  ​ ​ ​

Consolidated

  ​ ​ ​

Consumer

  ​ ​ ​

Commercial

  ​ ​ ​

Consolidated

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Operating income

​

$

1,836,712

​

$

3,265,744

​

$

5,102,456

 

$

726,955

​

$

2,528,490

​

$

3,255,445

Other income

​

 

164,464

​

 

159,899

​

 

324,363

 

 

156,158

​

 

238,093

​

 

394,251

Interest expense

​

 

(38,327)

​

 

(40,320)

​

 

(78,647)

 

 

(53,993)

​

 

(52,235)

​

 

(106,228)

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Income before income taxes

​

$

1,962,849

​

$

3,385,323

​

$

5,348,172

 

$

829,120

​

$

2,714,348

​

$

3,543,468

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

The following table depicts the Company’s segment results of operations, including significant expenses that are regularly reviewed by the CODM, for the six months ended June 30, 2026 and 2025:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Six Months Ended June 30, 

​

  ​ ​ ​

2026

​

2025

​

 

Consumer

  ​ ​ ​

Commercial

  ​ ​ ​

Consolidated

  ​ ​ ​

Consumer

  ​ ​ ​

Commercial

  ​ ​ ​

Consolidated

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Sales

​

$

126,522,651

​

$

28,632,880

​

$

155,155,531

 

$

79,944,362

​

$

23,188,300

​

$

103,132,662

Cost of goods sold

​

 

111,297,742

​

 

9,859,541

​

 

121,157,283

 

 

71,075,473

​

 

7,701,242

​

 

78,776,715

Selling, general and administrative

​

 

7,508,374

​

 

9,193,531

​

 

16,701,905

 

 

7,623,333

​

 

9,452,996

​

 

17,076,329

Depreciation and amortization

​

 

449,165

​

 

534,061

​

 

983,226

 

 

376,236

​

 

529,516

​

 

905,752

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Operating income

​

$

7,267,370

​

$

9,045,747

​

$

16,313,117

 

$

869,320

​

$

5,504,546

​

$

6,373,866

​

The following table depicts the reconciliation of the Company’s segment operating income to income before income taxes for the six months ended June 30, 2026 and 2025:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Six Months Ended June 30, 

​

​

2026

​

2025

​

​

Consumer

  ​ ​ ​

Commercial

  ​ ​ ​

Consolidated

  ​ ​ ​

Consumer

  ​ ​ ​

Commercial

  ​ ​ ​

Consolidated

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Operating income

​

$

7,267,370

​

$

9,045,747

​

$

16,313,117

 

$

869,320

​

$

5,504,546

​

$

6,373,866

Other income

​

 

257,645

​

 

237,062

​

 

494,707

 

 

157,007

​

 

442,849

​

 

599,856

Interest expense

​

 

(76,712)

​

 

(80,707)

​

 

(157,419)

 

 

(108,040)

​

 

(104,509)

​

 

(212,549)

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Income before income taxes

​

$

7,448,303

​

$

9,202,102

​

$

16,650,405

 

$

918,287

​

$

5,842,886

​

$

6,761,173

​

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 three months ended June 30, 2026 and 2025:

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 

​

  ​ ​ ​

2026

  ​ ​ ​

2025

​

​

​

​

​

​

​

Consumer

​

$

161,328

​

$

291,521

Commercial

​

 

14,847

​

 

52,271

Corporate

​

 

786,607

​

 

153,380

​

​

​

​

​

​

​

​

​

$

962,782

​

$

497,172

​

The following table depicts Capital Expenditures for the six months ended June 30, 2026 and 2025:

​

​

​

​

​

​

​

​

​

​

Six Months Ended June 30, 

​

  ​ ​ ​

2026

  ​ ​ ​

2025

​

​

​

​

​

​

​

Consumer

​

$

370,568

​

$

560,474

Commercial

​

 

14,847

​

 

52,271

Corporate

​

 

1,145,268

​

 

269,414

​

​

​

​

​

​

​

​

​

$

1,530,683

​

$

882,159

​

The following table depicts the Company’s total assets:

​

​

​

​

​

​

​

​

​

​

As of

​

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

​

​

​

​

​

​

​

Consumer

​

$

47,592,679

​

$

56,313,243

Commercial

​

 

18,655,947

​

 

20,272,552

Corporate

​

 

41,754,535

​

 

19,436,952

​

​

​

​

​

​

​

​

​

$

108,003,161

​

$

96,022,747

​