Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues, net $ 4,387,197 $ 4,534,970 $ 7,818,527 $ 8,396,746
Cost of revenues 3,124,221 3,285,443 5,453,215 6,083,115
Gross profit 1,262,976 1,249,527 2,365,312 2,313,631
Operating expenses:        
Selling, general and administrative 1,352,438 655,224 2,183,925 1,163,043
Selling, general and administrative - stock-based compensation expense 306,000 0 2,027,250 0
Total operating expenses 1,658,438 655,224 4,211,175 1,163,043
Operating (loss) income (395,462) 594,303 (1,845,863) 1,150,588
Other (expense) income:        
Rental income 25,703 25,703 51,407 51,407
Interest (expense) income (277,602) 1,252 (365,137) 2,443
Total other (expense) income (251,899) 26,955 (313,730) 53,850
(Loss) income before income taxes (647,361) 621,258 (2,159,593) 1,204,438
Income tax expense 79,300 47,486 144,373 91,225
Net (loss) income $ (726,661) $ 573,772 $ (2,303,966) $ 1,113,213
Net (loss) income per share        
- Basic and Diluted $ (0.18) $ 0.19 $ (0.66) $ 0.37
Weighted Average Number of Common Shares Outstanding        
- Basic and Diluted 3,932,084 3,000,000 3,468,617 3,000,000