v3.21.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]    
Revenue $ 51,895,388 $ 58,308,019
Cost of revenue 35,460,774 38,905,756
Gross profit 16,434,614 19,402,263
Operating expenses:    
General and administrative 8,418,358 8,501,572
Impairment of goodwill 0 1,697,394
Marketing and selling 4,120,778 5,138,762
Research and development 4,319,759 4,843,554
Total operating expenses 16,858,895 20,181,282
Income (loss) from operations (424,281) (779,019)
Other (expense) income:    
Interest income 418,379 151,113
Interest expense (550,774) (165,560)
Other (expense) income, net (53,612) 130,381
Total other (expense) income, net (186,007) 115,934
Loss before income taxes (610,288) (663,085)
(Benefit) provision for income taxes (603,744) 237,252
Net loss $ (6,544) $ (900,337)
Net loss per share:    
Basic $ 0.00 $ (0.06)
Diluted $ 0.00 $ (0.06)
Weighted average common shares outstanding:    
Basic 16,512,203 15,148,613
Diluted 16,512,203 15,148,613

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