Annual report pursuant to Section 13 and 15(d)

Quarterly Results (Tables)

v3.8.0.1
Quarterly Results (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Summary of continuing quarterly operations
The following is a summary of quarterly operations for 2017 and 2016:
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
2017
 
 
 
 
 
 
 
Net sales
$
42,203,579

 
$
51,511,045

 
$
54,595,924

 
$
52,837,134

Gross profit
7,403,579

 
8,177,927

 
4,836,620

 
7,662,824

Net income (loss) from continuing operations
701,542

 
829,879

 
(1,206,752
)
 
1,016,693

Net income from discontinued operations

 

 

 

Net income (loss)
701,542

 
829,879

 
(1,206,752
)
 
1,016,693

Other comprehensive income (loss)

 
366,346

 
(366,346
)
 
(10,864
)
Comprehensive income (loss)

 
1,196,225

 
(1,573,098
)
 
1,005,829

 
 
 
 
 
 
 
 
Per common share
 

 
 

 
 

 
 

Basic
0.08

 
0.10

 
(0.14
)
 
0.11

Diluted
0.08

 
0.10

 
(0.14
)
 
0.11

 
 
 
 
 
 
 
 
2016
 

 
 

 
 

 
 

Net sales from continuing operations
$
36,312,012

 
$
34,906,668

 
$
34,297,231

 
$
33,049,871

Gross profit from continuing operations
4,718,176

 
3,997,594

 
4,504,419

 
3,684,290

Net loss from continuing operations (1)
(1,366,732
)
 
(1,583,395
)
 
(2,608,276
)
 
(1,435,564
)
Loss from discontinued operations, net of tax

 
(99,334
)
 

 

Net loss
(1,366,732
)
 
(1,682,729
)
 
(2,608,276
)
 
(1,435,564
)
Other comprehensive income

 

 

 

Comprehensive (loss)
(1,366,732
)
 
(1,682,729
)
 
(2,608,276
)
 
(1,435,564
)
 
 
 
 
 
 
 
 
Per common share from continuing operations
 

 
 

 
 

 
 

Basic
(0.16
)
 
(0.18
)
 
(0.30
)
 
(0.17
)
Diluted
(0.16
)
 
(0.18
)
 
(0.30
)
 
(0.17
)
 
 
 
 
 
 
 
 
Per common share from discontinued operations
 
 
 
 
 
 
 
Basic

 
(0.01
)
 

 

Diluted

 
(0.01
)