Annual report pursuant to Section 13 and 15(d)

Statements of Earnings (Loss) and Retained Earnings

v3.23.1
Statements of Earnings (Loss) and Retained Earnings - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]    
SALES $ 58,953,467 $ 39,702,714
COST OF SALES:    
Purchases 37,391,939 23,972,797
Freight 4,991,854 3,893,847
Total Cost of Sales 42,383,793 27,866,644
GROSS PROFIT 16,569,674 11,836,070
OPERATING EXPENSES:    
General and Administrative Expenses 18,075,369 12,273,949
Total Operating Expenses 18,075,369 12,273,949
EARNINGS (LOSS) FROM OPERATIONS (1,505,695) (437,879)
OTHER INCOME AND (EXPENSE):    
Other Income (Expense) 112,507 702,280
Interest Income (Expense) 94,680 (136,661)
Unrealized Gain (Loss) on Short-Term Investments (179,120)
Total Other Income And (Expense) 28,067 565,619
EARNINGS (LOSS) BEFORE INCOME TAXES (1,477,628) 127,740
PROVISION FOR INCOME TAXES (699,187) (107,500)
NET EARNINGS (LOSS) $ (778,441) $ 235,240
NET EARNINGS (LOSS) PER COMMON SHARE    
Basic (in Dollars per share) $ (0.04) $ 0.02
Diluted (in Dollars per share) $ (0.04) $ 0.01
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING    
Basic (in Shares) 19,202,619 10,928,043
Diluted (in Shares) 19,202,619 21,023,688