Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.19.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]    
Sales $ 29,000,730 $ 14,363,886
Cost of sales 22,556,172 11,094,331
Gross profit 6,444,558 3,269,555
Operating expenses:    
Store operations 5,202,330 2,963,306
General and administrative 1,603,421 1,022,401
Share based compensation 1,895,219 1,077,932
Depreciation and amortization 351,070 151,561
Salaries and related expenses 1,648,166 904,868
Total operating expenses 10,700,206 6,120,068
Net loss from operations (4,255,648) (2,850,513)
Other income (expense):    
Gain on settlements 322,058
Other income 115,875 1,633
Other expense (421)
Interest income 79,184
Interest expense (23,565) (15,339)
Amortization of debt discount (989,601)
Total non-operating income (expense), net (818,107) 307,931
Net loss $ (5,073,755) $ (2,542,582)
Net loss per shares, basic and diluted $ (0.22) $ (0.18)
Weighted average shares outstanding, basic and diluted 23,492,650 14,510,582