UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2016 |
Jun. 30, 2015 |
Jun. 30, 2016 |
Jun. 30, 2015 |
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| Income Statement [Abstract] | ||||
| Net sales | $ 1,188,593 | $ 1,188,867 | $ 2,483,857 | $ 1,972,677 |
| Cost of sales | 983,040 | 864,787 | 1,839,960 | 1,432,409 |
| Gross profit | 205,553 | 324,080 | 643,897 | 540,268 |
| Operating Expenses | ||||
| Selling, general and administrative | 182,475 | 245,463 | 367,250 | 457,493 |
| Salaries, wages and payroll taxes | 170,981 | 123,454 | 344,836 | 139,154 |
| Stock based compensation | 0 | 0 | 0 | 151,563 |
| Professional fees | 387,916 | 63,591 | 688,484 | 258,002 |
| Depreciation and amortization | 63,334 | 103,970 | 146,156 | 174,430 |
| Total operating expenses | 804,706 | 536,478 | 1,546,726 | 1,180,642 |
| (Loss) before other expenses and income taxes | (599,173) | (212,398) | (902,829) | (640,374) |
| Other (income) expense | ||||
| Change in fair value of derivative instruments, net | 39,659 | 71 | (424,846) | (162) |
| Interest expense | 527,108 | 2,321 | 602,986 | 2,321 |
| Foreign currency exchange rate variance | 7,817 | 83 | 32,822 | 12,068 |
| Total other (income) expense | 574,584 | 2,475 | 210,962 | 14,227 |
| Net loss | (1,173,757) | (214,873) | (1,113,791) | (654,601) |
| Comprehensive Income (loss): | ||||
| Net loss | (1,173,757) | (214,873) | (1,113,791) | (654,601) |
| Foreign currency translation adjustments | 4,413 | 6,064 | (2,375) | 5,640 |
| Comprehensive loss | $ (1,169,342) | $ (208,809) | $ (1,116,166) | $ (648,961) |
| NET INCOME (LOSS) ATTRIBUTABLE TO COMON STOCKHOLDERS | ||||
| Weighted average number of common shares outstanding - basic | 27,667,167 | 11,068,172 | 24,190,850 | 8,742,059 |
| Weighted average number of common shares outstanding - diluted | 27,667,167 | 11,068,172 | 24,190,850 | 8,742,059 |
| Basic net (loss) per share | $ (0.04) | $ (0.02) | $ (0.06) | $ (0.07) |
| Diluted net (loss) per share | $ (0.04) | $ (0.02) | $ (0.06) | $ (0.07) |
| X | ||||||||||
- Definition Represents gains or losses resulting from transactions conducted in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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
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- 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
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- 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
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- 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
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- 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
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- 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
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- 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
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- References No definition available.
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- 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.
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate amount of expenditures for salaries, wages, profit sharing and incentive compensation, and other employee benefits, including equity-based compensation, and pension and other postretirement benefit expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- 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.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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
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- 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
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- Definition The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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
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- 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
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