Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
|
3 Months Ended |
Mar. 31, 2021 |
Mar. 31, 2020 |
| Income Statement [Abstract] |
|
|
| Revenue |
$ 20,024,769
|
$ 1,548,528
|
| Cost of revenue |
3,272,565
|
481,740
|
| Gross profit |
16,752,204
|
1,066,788
|
| Operating expenses |
|
|
| Sales and marketing |
1,197,546
|
268,483
|
| General and administrative |
2,935,689
|
1,459,484
|
| Research and development |
2,217,063
|
400,022
|
| Depreciation and amortization |
67,005
|
20,748
|
| Total operating expenses |
6,417,303
|
2,148,737
|
| Income (loss) from operations |
10,334,901
|
(1,081,949)
|
| Other income (expense) |
|
|
| Interest income |
14,657
|
7,575
|
| Gain (loss) on equity method investment in joint venture |
(464,943)
|
9,181
|
| Total other income (expense) |
(450,286)
|
16,756
|
| Income (loss) before income taxes |
9,884,615
|
(1,065,193)
|
| Income tax provision |
1,985,640
|
|
| Net income (loss) |
$ 7,898,975
|
$ (1,065,193)
|
| Earnings (loss) per common share: |
|
|
| Basic |
$ 0.28
|
$ (0.05)
|
| Diluted |
$ 0.26
|
$ (0.05)
|
| Weighted average shares outstanding: |
|
|
| Basic |
28,662,885
|
22,820,450
|
| Diluted |
30,002,729
|
22,820,450
|