Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.8.0.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Net sales $ 1,667,938 $ 1,382,330
Cost of sales 1,288,842 1,067,752
Gross profit 379,096 314,578
Operating expenses:    
Selling, general and administrative 154,992 155,254
Salaries, wages and payroll taxes 180,720 152,951
Professional fees 109,192 148,859
Depreciation and amortization 75,273 75,978
Total operating expenses 520,177 533,042
(Loss) before other expenses and income taxes (141,081) (218,464)
Change in fair value of derivative instruments, net (1,114)
Interest expense 76 218
Foreign currency exchange rate variance 4,301 1,694
Total other (income) expense 4,377 798
Net loss (145,458) (219,262)
Comprehensive Income:    
Net loss (145,458) (219,262)
Foreign currency translation adjustments 5,000 5,592
Comprehensive loss $ (140,458) $ (213,670)
Weighted average number of common shares outstanding- basic 936,519 416,928
Weighted average number of common shares outstanding- diluted $ 936,519 $ 416,928
Basic net loss per share (0.15) (0.51)
Diluted net loss per share $ (0.15) $ (0.51)