v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues, net $ 4,940,188 $ 3,174,722 $ 12,758,715 $ 11,571,468
Cost of revenues 3,637,000 2,142,947 9,090,215 8,226,062
Gross profit 1,303,188 1,031,775 3,668,500 3,345,406
Operating expenses:        
Selling, general and administrative 2,065,655 770,109 6,276,830 1,933,152
Operating (loss) income (762,467) 261,666 (2,608,330) 1,412,254
Other (expense) income:        
Rental income 25,704 25,704 77,111 77,111
Change in fair value of put option contract (732,600) 0 (732,600) 0
Interest (expense) income (42,130) 1,228 (407,267) 3,671
Total other (expense) income (749,026) 26,932 (1,062,756) 80,782
(Loss) income before income taxes (1,511,493) 288,598 (3,671,086) 1,493,036
Income tax expense (benefit) 167,813 (26,570) 312,186 64,655
Net (loss) income $ (1,679,306) $ 315,168 $ (3,983,272) $ 1,428,381
Net (loss) income per share - basic and diluted $ (0.37) $ 0.11 $ (1.11) $ 0.48
Weighted average number of common shares outstanding – basic and diluted 4,560,607 3,000,000 3,577,942 3,000,000

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