UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME (Unaudited) (USD $)
|
3 Months Ended | |
---|---|---|
Mar. 31, 2015
|
Mar. 31, 2014
|
|
Income Statement [Abstract] | ||
Net sales | $ 799,698us-gaap_SalesRevenueNet | $ 666,235us-gaap_SalesRevenueNet |
Cost of sales | 573,311us-gaap_CostOfRevenue | 461,636us-gaap_CostOfRevenue |
Gross profit | 226,387us-gaap_GrossProfit | 204,599us-gaap_GrossProfit |
Operating Expenses | ||
Selling, general and administrative | 568,907us-gaap_GeneralAndAdministrativeExpense | 134,604us-gaap_GeneralAndAdministrativeExpense |
Depreciation and amortization | 70,460us-gaap_DepreciationAndAmortization | 5,172us-gaap_DepreciationAndAmortization |
Total operating expenses | 639,367us-gaap_OperatingExpenses | 139,776us-gaap_OperatingExpenses |
(Loss) Income before other expenses and income taxes | (412,980)us-gaap_OperatingIncomeLoss | 64,823us-gaap_OperatingIncomeLoss |
Other (income) expense | ||
Change in fair value of derivative instruments, net | (233)us-gaap_IncreaseDecreaseInDerivativeLiabilities | |
Foreign currency exchange rate variance | 9,234us-gaap_ConversionGainsAndLossesOnForeignInvestments | 1,085us-gaap_ConversionGainsAndLossesOnForeignInvestments |
Total other expense | 9,001us-gaap_OtherNonoperatingIncomeExpense | 1,085us-gaap_OtherNonoperatingIncomeExpense |
Net (loss) income | (421,980)us-gaap_ProfitLoss | 65,908us-gaap_ProfitLoss |
Comprehensive (Loss) Income: | ||
Net (loss) income | (421,980)us-gaap_ProfitLoss | 65,908us-gaap_ProfitLoss |
Foreign currency translation adjustments | (424)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax | 5,520us-gaap_ForeignCurrencyTransactionGainLossBeforeTax |
Comprehensive (Loss) Income | $ (422,404)us-gaap_NetIncomeLoss | $ 71,428us-gaap_NetIncomeLoss |
NET INCOME (LOSS) ATTRIBUTABLE TO COMON STOCKHOLDERS | ||
Weighted average number of common shares outstanding - basic | 6,321,410us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 2,540,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic |
Net Loss Per Share - Basic | $ (0.07)us-gaap_EarningsPerShareBasic | $ 0.03us-gaap_EarningsPerShareBasic |
Weighted average number of shares outstanding during the year Diluted | 6,321,410us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 90,000,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding |
Net Loss Per Share - Diluted | $ (0.07)us-gaap_EarningsPerShareDiluted | $ 0us-gaap_EarningsPerShareDiluted |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Represents gains or losses resulting from transactions conducted in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The increase (decrease) during the period in the carrying value of derivative instruments reported as liabilities that are due to be disposed of within one year (or the normal operating cycle, if longer). No definition available.
|
X | ||||||||||
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
X | ||||||||||
- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|