Operations and Significant Accounting Policies (Details Textual) - USD ($) |
1 Months Ended | 12 Months Ended | ||||||||
---|---|---|---|---|---|---|---|---|---|---|
May 31, 2019 |
May 29, 2019 |
May 21, 2019 |
Oct. 31, 2018 |
Oct. 29, 2018 |
Jun. 27, 2018 |
Jun. 22, 2018 |
Feb. 02, 2020 |
Feb. 03, 2019 |
Dec. 31, 2019 |
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Operations and Significant Accounting Policies (Textual) | ||||||||||
Retail showrooms, description | The Company operated 91 leased retail showrooms located throughout the United States. In addition, the Company operates a retail internet website and does business to business transactions through its wholesale operations. | |||||||||
Additional shares | 375,000 | |||||||||
Immediately prior to offering, percentage | 41.00% | 56.00% | ||||||||
Immediately after completion of offering, percentage | 29.00% | 41.00% | ||||||||
Ownership percentage | 19.00% | |||||||||
Fiscal year, description | The Company’s fiscal year is determined on a 52/53 week basis ending on the Sunday closest to January 31st. Hereinafter, the periods from February 4, 2019 through February 2, 2020 and February 5, 2018, through February 3, 2019 are referred to as fiscal 2020 and fiscal 2019, respectively. Both fiscal 2020 and fiscal 2019 were a 52 week fiscal year. | |||||||||
Accrued expenses | $ 2,177,715 | |||||||||
Sales returns in merchandise inventories | 442,390 | |||||||||
Customer deposit liabilities | 1,653,597 | $ 1,059,957 | ||||||||
Customer deposits | $ 1,059,957 | |||||||||
Deposit insurance | $ 250,000 | |||||||||
Wholesale customer, percentage | 97.00% | 100.00% | ||||||||
Foreign countries percentage | 0.05% | 0.05% | ||||||||
Sales percentage | 10.00% | |||||||||
Impairment percentage | 50.00% | |||||||||
Warranty expense | $ 933,000 | $ 414,000 | ||||||||
Warranty reserve | 1,180,000 | 212,000 | ||||||||
Shipping and handling costs | $ 47,148,918 | $ 25,132,736 | ||||||||
Effective date of the plan | 10 years | |||||||||
Plan allows for issuance shares | 1,414,889 | 615,066 | ||||||||
Tax benefit, percentage | 0.30% | 0.30% | ||||||||
Warrants outstanding | 1,039,120 | 1,067,475 | ||||||||
Operating loss net | $ 10,800,000 | |||||||||
Stock options | 495,366 | |||||||||
Payment of renegotiated line of credits | 292,095 | |||||||||
Amortized to interest expense | 73,024 | 121,173 | ||||||||
Advertising expenses | $ 29,194,289 | $ 18,363,491 | ||||||||
Restricted Stock [Member] | ||||||||||
Operations and Significant Accounting Policies (Textual) | ||||||||||
Unvested restricted stock | 183,053 | 377,286 | ||||||||
IPO [Member] | ||||||||||
Operations and Significant Accounting Policies (Textual) | ||||||||||
Net proceeds from offering | 58,900,000 | |||||||||
Initial public offering, shares | 4,025,000 | |||||||||
Sale of price per share | $ 16.00 | |||||||||
Reverse stock split, description | The board of directors of the Company approved a 1-for-2.5 reverse stock split of the Company’s shares of common stock | |||||||||
Public offering, description | The Company and certain of the Company’s stockholders completed a primary and secondary public offering of an aggregate of 2,500,000 shares of common stock, which included 750,000 shares offered by the Company and 1,750,000 shares offered by certain selling stockholders of the Company, at a public offering price of $36.00 per share. Net proceeds to the Company from the offering were approximately $25.6 million after legal and underwriting expenses. | |||||||||
Secondary Offering [Member] | ||||||||||
Operations and Significant Accounting Policies (Textual) | ||||||||||
Initial public offering, shares | 2,220,000 |