Annual report pursuant to Section 13 and 15(d)

2. Summary of Significant Accounting Policies (Tables)

v3.21.1
2. Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Schedule of estimated useful lives of property, plant and equipment

Estimated useful lives are as follows:

 

Fixed assets Useful life
Furniture 5 years
Equipment 5 years
Warehouse 39 years
Improvement 5 years
Construction in progress
Land
Schedule of estimated useful lives of intangible assets

Estimated useful lives of intangible assets are as follows:

 

Intangible assets Useful life
Market related intangible assets 5 years
Schedule of antidilutive shares

The following potentially dilutive shares were excluded from the shares used to calculate diluted earnings per share as their inclusion would be anti-dilutive.

 

Year ended December 31,   2020     2019  
Stock options     210,000        
Total     210,000