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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue:        
Sales $ 33,724,006 $ 20,545,607 $ 59,214,447 $ 46,374,750
Cost of goods sold 26,596,116 16,074,349 45,782,293 36,602,212
Gross margin 7,127,890 4,471,258 13,432,154 9,772,538
Expenses:        
Selling, General & Administrative Expenses 4,831,225 3,616,670 8,984,454 7,441,870
Depreciation and Amortization 216,219 179,706 421,131 359,435
Total operating expenses 5,047,444 3,796,376 9,405,585 7,801,305
Operating income 2,080,446 674,882 4,026,569 1,971,233
Other income, net 283,055 51,866 554,996 93,556
Interest expense 177,704 144,297 356,726 289,612
Income before income taxes 2,185,797 582,451 4,224,839 1,775,177
Income tax expense 32,685 16,277 63,455 34,854
Net income $ 2,153,112 $ 566,174 $ 4,161,384 $ 1,740,323
Basic earnings per share:        
Net income $ 0.08 $ 0.02 $ 0.15 $ 0.06
Diluted earnings per share:        
Net income $ 0.08 $ 0.02 $ 0.15 $ 0.06
Weighted average shares outstanding:        
Basic 26,924,631 26,924,381 26,924,631 26,924,381
Diluted 26,939,631 26,924,381 26,939,631 26,924,381