Quarterly report pursuant to Section 13 or 15(d)

Revenues (Tables)

v3.20.2
Revenues (Tables)
6 Months Ended
Jun. 30, 2020
Accounting Policies [Abstract]  
Schedule of Disaggregation of Revenue

Revenue by type was as follows:

 

    Three months ended
June 30,
    Six months ended
June 30,
 
    2020     2019     2020     2019  
Revenue type                                
Product revenue   $ 263,465     $ 353,081     $ 393,091     $ 429,924  
Shipping revenue     22,462       34,017       37,867       40,507  
Subscription revenue     -       7,457       1,785       8,075  
Service income     -       1,543       -       1,543  
    $ 285,927     $ 396,098     $ 432,743     $ 480,049  
Schedule of Contract Liabilities

The table below details the activity in the Company’s contract liabilities during the six months ended June 30, 2020 and as of December 31, 2019, and the balance at the end of each period is reported as deferred revenue in the Company’s consolidated balance sheet.

 

    June 30, 2020     December 31, 2019  
Balance, beginning of year   $ -     $ 9,999  
Additions     71,404       -  
Transfer to revenue     (7,500 )     (9,999 )
Balance, end of period   $ 63,904     $ -