Annual report pursuant to Section 13 and 15(d)

Statements of Earnings (Loss) and Retained Earnings

v3.24.1
Statements of Earnings (Loss) and Retained Earnings - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
SALES $ 75,893,871 $ 58,953,467
COST OF SALES:    
Cost of Sales 51,012,371 42,383,793
GROSS PROFIT 24,881,500 16,569,674
OPERATING EXPENSES:    
General and Administrative Expenses 26,030,030 18,075,369
Total Operating Expenses 26,030,030 18,075,369
EARNINGS (LOSS) FROM OPERATIONS (1,148,530) (1,505,695)
OTHER INCOME AND (EXPENSE):    
Other Income 375,063 112,507
Interest Income 570,387 94,680
Unrealized Gain (Loss) on Investments 269,587 (179,120)
Total Other Income And (Expense) 1,215,037 28,067
EARNINGS (LOSS) BEFORE INCOME TAXES 66,507 (1,477,628)
PROVISION FOR INCOME TAXES 31,449 (699,187)
NET EARNINGS (LOSS) $ 35,058 $ (778,441)
NET EARNINGS (LOSS) PER COMMON SHARE    
Basic (in Dollars per share) $ 0 $ (0.04)
Diluted (in Dollars per share) $ 0 $ (0.04)
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING    
Basic (in Shares) 18,519,615 19,202,619
Diluted (in Shares) 29,453,206 19,202,619
Purchases    
COST OF SALES:    
Cost of Sales $ 45,399,202 $ 37,391,939
Freight    
COST OF SALES:    
Cost of Sales $ 5,613,169 $ 4,991,854