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Summary of Accounting Policies and Nature of Operations (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Summary of Allowance for Doubtful Accounts

A summary of the Allowance for Doubtful Accounts is presented below:

 

    December 31,  
    2018     2017  
             
Beginning balance   $ 226,520     $ 90,800  
Bad debt expense (+)     1,241,919       166,539  
Receivables written off (-)     (1,468,439 )     (30,819 )
Ending balance   $ -     $ 226,520  

Schedule of Disaggregation of Revenue

The following disaggregation of revenue is listed by sales category:

 

    For the Years Ended 
December 31,
 
    2018     2017  
    Revenues     Revenues  
Jewelry   $ 17,987,872     $ 21,276,773  
Bullion/Rare Coin     29,079,487       32,704,138  
Scrap     5,140,420       6,249,626  
Other     1,848,564       1,764,381  
    $ 54,056,343     $ 61,994,918  

 

The following disaggregation of revenue is listed by state:

 

    For the Years Ended 
December 31,
 
    2018     2017  
    Revenues     Revenues  
Texas   $ 51,387,661     $ 59,713,041  
South Carolina     2,668,682       2,281,877  
    $ 54,056,343     $ 61,994,918  

Schedule of Unrecognized Compensation Cost, Nonvested Awards

The following table represents our total compensation cost related to nonvested awards not yet recognized at year end December 31, 2018 and December 31, 2017:

 

              Number of           Number of        
              shares, granted     Unrecognized     shares, granted     Unrecognized  
        Price of     unvested     expense at     unvested     expense at  
Date of grant   Employee  

stock at

grant date

    December 31, 2018     December 31, 2018    

December 31,

2017

    December 31, 2017  
                                   
January 23, 2014   Robert Burnside   $ 2.18            250                 545       250     $ 545  
January 23, 2014   David Larson   $ 2.18       -       -       250     $ 545  
                                             
Total cost unrecognized                   $ 545             $ 1,090