Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Sales $ 24,959,576 $ 23,870,837
Cost of sales 15,383,251 15,787,544
Gross Profit 9,576,325 8,083,293
Impairment of goodwill 2,322,000
Selling, general and administrative 9,744,736 9,837,308
Loss from Operations (168,411) (4,076,015)
Other Income (Expense)    
Interest income 542,229 10,969
Interest expense  (74,502) (141,056)
Impairment of deferred offering costs and financing costs associated with canceled financing efforts (127,343)
Other expense (75,418)
Total Other Income (Expense) 467,727 (332,848)
Income (Loss) before provision for income taxes 299,316 (4,408,863)
Provision from (Benefit from) income taxes
Net Income (Loss) 299,316 (4,408,863)
Loss in Non-controlling interest in consolidated subsidiary 82,259 52,061
Net Income (Loss) Attributable to Common Stockholders $ 381,575 $ (4,356,802)
Earnings (loss) per Share – Basic $ 0.06 $ (0.64)
Earnings (loss) per Share – Diluted $ 0.05 $ (0.64)
Weighted Average Number of Shares – Basic 6,841,094 6,775,140
Weighted Average Number of Shares – Diluted 7,215,069 6,775,140