Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.20.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]    
Sales $ 79,733,568 $ 29,000,730
Cost of sales 57,171,721 22,556,172
Gross profit 22,561,847 6,444,558
Operating expenses:    
Store operations 10,095,422 5,202,330
General and administrative 3,172,019 1,603,421
Share based compensation 2,490,535 1,895,219
Depreciation and amortization 1,044,553 351,070
Salaries and related expenses 3,619,197 1,648,166
Total operating expenses 20,421,726 10,700,206
Net income (loss) from operations 2,140,121 (4,255,648)
Other income (expense):    
Miscellaneous income (expense) (4,545) 115,875
Interest income 144,725 79,184
Interest expense (45,191) (23,565)
Amortization of debt discount (356,306) (989,601)
Total non-operating income (expense), net (261,317) (818,107)
Net income (loss) $ 1,878,804 $ (5,073,755)
Net income (loss) per share, basic $ 0.06 $ (.22)
Net income (loss) per share, diluted $ 0.05 $ (.22)
Weighted average shares outstanding, basic 32,833,594 23,492,650
Weighted average shares outstanding, diluted 39,228,696 23,492,650