XML 43 R30.htm IDEA: XBRL DOCUMENT v3.21.1
Acquisition (Tables)
12 Months Ended
Dec. 31, 2020
Business Combinations [Abstract]  
Schedule of Assets Acquired of Purchase Price
Description   Amount  
       
Assets      
Cash   $ 1,049,462  
Account receivables     1,025,615  
Inventories     1,209,203  
Prepaids     88,367  
Fixed assets     191,208  
Right-of-use assets     2,350,781  
Intangible Assets     3,356,000  
Other assets     88,998  
         
Liabilities        
Account payables     (723,043 )
Accrued liabilities     (721,483 )
Operating lease liabilities     (2,350,781 )
Other long-term liabilities     (5,457 )
         
Net assets     5,558,870  
         
Goodwill     1,367,109  
         
Total Purchase Price   $ 6,925,979  
Pro Forma Results
    Pro forma Combined
    For the Twelve Months Ended
     December 31, 2019 
     (unaudited) 
     
Revenue    $                                            87,921,642
     
Income (loss) from continuing operations    $                                              1,931,558
     
Net income     $                                              1,931,558
     
Basic net income per common share    $                                                       0.07
     
Diluted net income per common share    $                                                       0.07