Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Investment in and Transactions with Unconsolidated Subsidiaries (Tables)

v3.19.2
Note 6 - Investment in and Transactions with Unconsolidated Subsidiaries (Tables)
6 Months Ended
Jun. 30, 2019
Notes Tables  
Equity Method Investments [Table Text Block]
   
June 30, 2019
   
December 31, 2018
 
Assets:
 
(unaudited)
   
(unaudited)
 
Current assets
  $
13,966,781
    $
10,587,648
 
Non-current assets
   
4,974,387
     
4,603,485
 
Total assets:
  $
18,941,168
    $
15,191,133
 
                 
Liabilities:
               
Current liabilities
  $
23,276,964
    $
17,696,033
 
Stockholders' deficit
   
(4,335,796
)    
(2,504,900
)
Total liabilities and stockholders’ deficit
  $
18,941,168
    $
15,191,133
 
   
For the three
months ended
June 30, 2019
   
For the three months ended
June 30, 2018
   
For the six
months ended
June 30, 2019
   
For the six
months ended
June 30, 2018
 
   
(unaudited)
   
(unaudited)
   
(unaudited)
   
(unaudited)
 
Net sales
  $
1,149,474
    $
1,328,079
    $
1,753,802
    $
2,085,034
 
Cost of goods sold
   
324,300
     
650,840
     
559,400
     
1,098,452
 
Gross profit
   
825,174
     
677,239
     
1,194,402
     
986,582
 
Other expenses
   
(1,423,353
)    
(1,119,440
)    
(3,302,057
)    
(2,371,652
)
Net loss
  $
(598,179
)   $
(442,201
)   $
(2,107,655
)   $
(1,385,070
)