Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.21.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]    
Sales $ 193,365,479 $ 79,733,568
Cost of sales 142,317,178 57,728,683
Gross profit 51,048,301 22,004,885
Operating expenses:    
Store operations 18,723,794 10,095,422
General and administrative 5,009,710 3,172,019
Share based compensation 7,856,163 2,490,535
Depreciation and amortization 2,435,965 1,044,553
Salaries and related expenses 8,585,080 3,619,197
Total operating expenses 42,610,712 20,421,726
Net income from operations 8,437,589 1,583,159
Other income (expense):    
Miscellaneous income (expense) 111,807 (4,545)
Interest income 43,926 144,725
Interest expense (14,053) (401,497)
Total non-operating income (expense), net 141,680 (261,317)
Net income before taxes 8,579,269 1,321,842
Provision for income taxes (3,250,891)
Net income $ 5,328,378 $ 1,321,842
Net income per share, basic $ 0.12 $ 0.04
Net income per share, diluted $ 0.11 $ 0.04
Weighted average shares outstanding, basic 43,944,879 32,833,594
Weighted average shares outstanding, diluted 46,456,249 33,910,154