$FSI
FLEXIBLE SOLUTIONS INTERNATIONAL INC Stock $fsi

$fsi Overview Financials Valuation SEC Filings Company Website

2020 Form 10-K Financial Statement

#000149315221007436 Filed on March 31, 2021

Income Statement

Concept	2020	2019 Q4	2019
Revenue	$31.41M	$4.795M	$27.44M
YoY Change	14.46%	-15.5%	53.9%
Cost Of Revenue	$21.64M	$3.481M	$18.82M
YoY Change	14.99%	-22.62%	54.35%
Gross Profit	$9.766M	$1.314M	$8.621M
YoY Change	13.29%	11.74%	52.93%
Gross Profit Margin	31.1%	27.4%	31.42%
Selling, General & Admin	$5.314M	$1.399M	$5.974M
YoY Change	-11.05%	-4.07%	31.41%
% of Gross Profit	54.41%	106.54%	69.29%
Research & Development	$81.42K	$52.66K	$123.7K
YoY Change	-34.16%	8.18%	-9.03%
% of Gross Profit	0.83%	4.01%	1.43%
Depreciation & Amortization	$659.2K	$157.8K	$427.8K
YoY Change	54.09%	-2.59%	31.19%
% of Gross Profit	6.75%	12.01%	4.96%
Operating Expenses	$5.649M	$1.452M	$6.713M
YoY Change	-15.85%	-3.68%	55.04%
Operating Profit	$4.118M	-$138.5K	$1.908M
YoY Change	115.84%	-58.28%	45.96%
Interest Expense	$260.7K	-$89.75K	$428.4K
YoY Change	-39.15%	-133.12%	357.4%
% of Operating Profit	6.33%		22.45%
Other Income/Expense, Net
YoY Change
Pretax Income	$5.191M	-$225.9K	$2.315M
YoY Change	124.27%	270.15%	-24.23%
Income Tax	$1.607M	-$599.9K	$17.44K
% Of Pretax Income	30.97%		0.75%
Net Earnings	$2.977M	$516.9K	$1.912M
YoY Change	55.67%	-353.61%	-23.21%
Net Earnings / Revenue	9.48%	10.78%	6.97%
Basic Earnings Per Share
Diluted Earnings Per Share	$242.0K	$40.53K	$158.2K
COMMON SHARES
Basic Shares Outstanding	12.24M shares	12.19M shares	11.95M shares
Diluted Shares Outstanding	12.30M shares		12.09M shares

Balance Sheet

Concept	2020	2019 Q4	2019
SHORT-TERM ASSETS
Cash & Short-Term Investments	$3.473M	$3.635M	$3.635M
YoY Change	-4.45%	-53.75%	-53.75%
Cash & Equivalents	$3.473M	$3.635M	$3.635M
Short-Term Investments
Other Short-Term Assets	$1.302M	$218.6K	$218.6K
YoY Change	495.71%	9.15%	9.15%
Inventory	$8.372M	$9.183M	$9.183M
Prepaid Expenses		$218.6K
Receivables	$5.890M	$4.470M	$4.470M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$19.04M	$17.51M	$17.51M
YoY Change	8.75%	-17.46%	-17.46%
LONG-TERM ASSETS
Property, Plant & Equipment	$5.625M	$4.006M	$4.795M
YoY Change	17.32%	56.27%	87.06%
Goodwill		$2.534M
YoY Change		0.0%
Intangibles		$2.952M
YoY Change		-5.63%
Long-Term Investments	$4.785M	$1.916M	$1.946M
YoY Change	145.85%	146.74%	141.13%
Other Assets	$299.6K	$2.600M	$2.600M
YoY Change	-88.48%	191.58%	191.58%
Total Long-Term Assets	$16.05M	$14.87M	$14.87M
YoY Change	7.9%	48.93%	48.93%
TOTAL ASSETS
Total Short-Term Assets	$19.04M	$17.51M	$17.51M
Total Long-Term Assets	$16.05M	$14.87M	$14.87M
Total Assets	$35.09M	$32.38M	$32.38M
YoY Change	8.36%	3.8%	3.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$558.1K	$636.3K	$636.3K
YoY Change	-12.28%	-26.08%	-39.44%
Accrued Expenses	$1.514M	$181.2K	$586.9K
YoY Change	157.91%	-4.55%
Deferred Revenue
YoY Change
Short-Term Debt	$2.116M	$2.390M	$2.390M
YoY Change	-11.46%	-14.59%	-14.59%
Long-Term Debt Due	$848.8K	$1.197M	$1.197M
YoY Change	-29.07%	55.14%	55.14%
Total Short-Term Liabilities	$7.891M	$6.793M	$6.793M
YoY Change	16.16%	11.28%	11.28%
LONG-TERM LIABILITIES
Long-Term Debt	$2.999M	$3.184M	$3.684M
YoY Change	-18.59%	-11.08%	-19.58%
Other Long-Term Liabilities	$195.2K	$383.5K	$383.5K
YoY Change	-49.1%
Total Long-Term Liabilities	$3.194M	$3.184M	$4.067M
YoY Change	-21.47%	-11.08%	-11.2%
TOTAL LIABILITIES
Total Short-Term Liabilities	$7.891M	$6.793M	$6.793M
Total Long-Term Liabilities	$3.194M	$3.184M	$4.067M
Total Liabilities	$13.88M	$11.92M	$14.47M
YoY Change	-4.07%	2.09%	2.35%
SHAREHOLDERS EQUITY
Retained Earnings		$2.456M
YoY Change		-16.51%
Common Stock		$12.22K
YoY Change		4.41%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$21.21M	$17.91M	$17.91M
YoY Change
Total Liabilities & Shareholders Equity	$35.09M	$32.38M	$32.38M
YoY Change	8.36%	3.8%	3.8%

Cashflow Statement

Concept	2020	2019 Q4	2019
OPERATING ACTIVITIES
Net Income	$2.977M	$516.9K	$1.912M
YoY Change	55.67%	-353.61%	-23.21%
Depreciation, Depletion And Amortization	$659.2K	$157.8K	$427.8K
YoY Change	54.09%	-2.59%	31.19%
Cash From Operating Activities	$5.705M	-$1.672M	$2.370M
YoY Change	140.74%	-5.31%	-206.27%
INVESTING ACTIVITIES
Capital Expenditures	$1.081M	-$434.1K	$1.831M
YoY Change	-40.99%	192.2%	912.73%
Acquisitions	-$13.42K
YoY Change
Other Investing Activities	-$2.144M	$328.3K	-$835.3K
YoY Change	156.7%	-106.84%	-64.85%
Cash From Investing Activities	-$3.215M	-$105.8K	-$2.667M
YoY Change	20.58%	-97.86%	4.27%
FINANCING ACTIVITIES
Cash Dividend Paid			$2.398M
YoY Change
Common Stock Issuance & Retirement, Net	$39.75K		$363.3K
YoY Change	-89.06%		254.88%
Debt Paid & Issued, Net	$4.396M		$1.071M
YoY Change	310.32%
Cash From Financing Activities	-$2.697M	-739.7K	-$3.088M
YoY Change	-12.65%	-111.85%	-150.39%
NET CHANGE
Cash From Operating Activities	$5.705M	-1.672M	$2.370M
Cash From Investing Activities	-$3.215M	-105.8K	-$2.667M
Cash From Financing Activities	-$2.697M	-739.7K	-$3.088M
Net Change In Cash	-$161.9K	-2.517M	-$3.223M
YoY Change	-94.98%	437.34%	-440.8%
FREE CASH FLOW
Cash From Operating Activities	$5.705M	-$1.672M	$2.370M
Capital Expenditures	$1.081M	-$434.1K	$1.831M
Free Cash Flow	$4.625M	-$1.237M	$538.6K
YoY Change	758.63%	-23.46%	-122.34%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2019Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3634670	usd
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3472776	usd
CY2019Q4	us-gaap	Inventory Net InventoryNet	9182786	usd
CY2020Q4	us-gaap	Inventory Net InventoryNet	8372476	usd
CY2019Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	218638	usd
CY2020Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	302447	usd
CY2019Q4	us-gaap	Assets Current AssetsCurrent	17506309	usd
CY2020Q4	us-gaap	Assets Current AssetsCurrent	19037512	usd
CY2019Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4005676	usd
CY2020Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5142041	usd
CY2019Q4	us-gaap	Deposits Assets Noncurrent DepositsAssetsNoncurrent	30630	usd
CY2020Q4	us-gaap	Deposits Assets Noncurrent DepositsAssetsNoncurrent	8540	usd
CY2019Q4	us-gaap	Assets Assets	32380417	usd
CY2020Q4	us-gaap	Assets Assets	35087388	usd
CY2019Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	213221	usd
CY2020Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	314277	usd
CY2019Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	1770105	usd
CY2020Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	2540348	usd
CY2019Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	1196722	usd
CY2020Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	848794	usd
CY2019Q4	us-gaap	Liabilities Current LiabilitiesCurrent	6793194	usd
CY2020Q4	us-gaap	Liabilities Current LiabilitiesCurrent	7891301	usd
CY2019Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3183671	usd
CY2020Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2998844	usd
CY2019Q4	us-gaap	Liabilities Liabilities	11919041	usd
CY2020Q4	us-gaap	Liabilities Liabilities	11319109	usd
CY2019Q4	us-gaap	Common Stock Value CommonStockValue	12216	usd
CY2020Q4	us-gaap	Common Stock Value CommonStockValue	12261	usd
CY2019Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2020Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2020Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2019Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2020Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2019Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2019Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2020Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2019Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	12215545	shares
CY2020Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	12260545	shares
CY2019Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	12215545	shares
CY2020Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	12260545	shares
CY2019	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	18819572	usd
CY2020	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	21641035	usd
CY2019	us-gaap	Interest Expense InterestExpense	428371	usd
CY2020	us-gaap	Interest Expense InterestExpense	260657	usd
CY2019	us-gaap	Profit Loss ProfitLoss	2297185	usd
CY2020	us-gaap	Profit Loss ProfitLoss	3583534	usd
CY2019	us-gaap	Share Based Compensation ShareBasedCompensation	246444	usd
CY2020	us-gaap	Share Based Compensation ShareBasedCompensation	156012	usd
CY2019	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	478343	usd
CY2020	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1284607	usd
CY2019	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	18332	usd
CY2020	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	83809	usd
CY2019	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	567097	usd
CY2020	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	770243	usd
CY2019	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2369950	usd
CY2020	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	5705441	usd
CY2019	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	363260	usd
CY2020	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	39750	usd
CY2019	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-3087922	usd
CY2020	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-2697337	usd
CY2019	us-gaap	Interest Paid Net InterestPaidNet	429789	usd
CY2020	us-gaap	Interest Paid Net InterestPaidNet	260657	usd
CY2019	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	207501	usd
CY2020	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	464026	usd
CY2019Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	4470215	usd
CY2020Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	5889813	usd
CY2019Q4	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	2389982	usd
CY2020Q4	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	2116073	usd
CY2019	us-gaap	Depreciation And Amortization DepreciationAndAmortization	620264	usd
CY2020	us-gaap	Depreciation And Amortization DepreciationAndAmortization	851672	usd
CY2019	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	315888	shares
CY2020	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	45000	shares
CY2019Q4	us-gaap	Equity Method Investments EquityMethodInvestments	1915585	usd
CY2020Q4	us-gaap	Equity Method Investments EquityMethodInvestments	4776167	usd
CY2020	dei	Entity Registrant Name EntityRegistrantName	FLEXIBLE SOLUTIONS INTERNATIONAL INC
CY2020	dei	Entity Central Index Key EntityCentralIndexKey	0001069394
CY2020	dei	Document Type DocumentType	10-K
CY2020	dei	Document Period End Date DocumentPeriodEndDate	2020-12-31
CY2020	dei	Amendment Flag AmendmentFlag	false
CY2020	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2020	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2020	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2019	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1831319	usd
CY2020	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1071108	usd
CY2019Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-994610	usd
CY2020Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-872121	usd
CY2020Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	5433198	usd
CY2019Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	32380417	usd
CY2020	dei	Entity Small Business EntitySmallBusiness	true
CY2020	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2019Q4	us-gaap	Goodwill Goodwill	2534275	usd
CY2020Q4	us-gaap	Goodwill Goodwill	2534275	usd
CY2019Q4	us-gaap	Minority Interest MinorityInterest	2550149	usd
CY2020Q4	us-gaap	Minority Interest MinorityInterest	2561751	usd
CY2019Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2456148	usd
CY2020Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	35087388	usd
CY2019	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-312701	usd
CY2020	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	553478	usd
CY2019Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	2952000	usd
CY2020Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	2776000	usd
CY2019Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	16437473	usd
CY2020Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	16633190	usd
CY2019	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	27440110	usd
CY2020	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	31407454	usd
CY2019	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	86053	usd
CY2020	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	101056	usd
CY2019Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	1058641	usd
CY2020Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	233751	usd
CY2019	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	384793	usd
CY2020	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	606484	usd
CY2019	us-gaap	Debt Conversion Converted Instrument Amount1 DebtConversionConvertedInstrumentAmount1	500000	usd
CY2020	us-gaap	Debt Conversion Converted Instrument Amount1 DebtConversionConvertedInstrumentAmount1		usd
CY2019Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	20461376	usd
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	23768279	usd
CY2019Q4	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	1000000	usd
CY2020Q4	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent		usd
CY2019Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	405670	usd
CY2020Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	287900	usd
CY2019Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	383535	usd
CY2020Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	195213	usd
CY2019Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	789205	usd
CY2020Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	483113	usd
CY2020	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2020	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2020	dei	Entity Shell Company EntityShellCompany	false
CY2019	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	161336	usd
CY2020	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	45331	usd
CY2019	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-3223266	usd
CY2020	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-161894	usd
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	4634670	usd
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	7857936	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	4472776	usd
CY2019Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	181234	usd
CY2020Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1225804	usd
CY2019Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	636260	usd
CY2020Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	558105	usd
CY2019Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	1600161	usd
CY2020Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	299603	usd
CY2019	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	408149	usd
CY2020	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	273909	usd
CY2019	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	319843	usd
CY2020	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1420614	usd
CY2019Q4	us-gaap	Short Term Investments ShortTermInvestments		usd
CY2020Q4	us-gaap	Short Term Investments ShortTermInvestments	1000000	usd
CY2019	us-gaap	Gross Profit GrossProfit	8620538	usd
CY2020	us-gaap	Gross Profit GrossProfit	9766419	usd
CY2019	us-gaap	Salaries And Wages SalariesAndWages	2225400	usd
CY2020	us-gaap	Salaries And Wages SalariesAndWages	2169825	usd
CY2019	us-gaap	Officers Compensation OfficersCompensation	891481	usd
CY2020	us-gaap	Officers Compensation OfficersCompensation	804272	usd
CY2019	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	159690	usd
CY2020	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	197196	usd
CY2019	FSI	Investor Relations And Transfer Agent Fee InvestorRelationsAndTransferAgentFee	90296	usd
CY2020	FSI	Investor Relations And Transfer Agent Fee InvestorRelationsAndTransferAgentFee	78930	usd
CY2019	us-gaap	Other General Expense OtherGeneralExpense	257780	usd
CY2020	us-gaap	Other General Expense OtherGeneralExpense	250330	usd
CY2019	us-gaap	General Insurance Expense GeneralInsuranceExpense	462184	usd
CY2020	us-gaap	General Insurance Expense GeneralInsuranceExpense	479218	usd
CY2019	us-gaap	Operating Lease Expense OperatingLeaseExpense	462193	usd
CY2020	us-gaap	Operating Lease Expense OperatingLeaseExpense	453639	usd
CY2019	FSI	Consulting Expenses ConsultingExpenses	273815	usd
CY2020	FSI	Consulting Expenses ConsultingExpenses	277277	usd
CY2019	us-gaap	Professional Fees ProfessionalFees	444735	usd
CY2020	us-gaap	Professional Fees ProfessionalFees	283842	usd
CY2019	us-gaap	Travel And Entertainment Expense TravelAndEntertainmentExpense	318844	usd
CY2020	us-gaap	Travel And Entertainment Expense TravelAndEntertainmentExpense	95053	usd
CY2019	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	44451	usd
CY2020	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	43535	usd
CY2019	FSI	Shipping Cost ShippingCost	18750	usd
CY2020	FSI	Shipping Cost ShippingCost	12839	usd
CY2019	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	123660	usd
CY2020	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	81422	usd
CY2019	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-187250	usd
CY2020	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	6890	usd
CY2019	us-gaap	Utilities Operating Expense UtilitiesOperatingExpense	15886	usd
CY2020	us-gaap	Utilities Operating Expense UtilitiesOperatingExpense	17651	usd
CY2019	us-gaap	Operating Expenses OperatingExpenses	6712784	usd
CY2020	us-gaap	Operating Expenses OperatingExpenses	5648734	usd
CY2019	us-gaap	Operating Income Loss OperatingIncomeLoss	1907754	usd
CY2020	us-gaap	Operating Income Loss OperatingIncomeLoss	4117685	usd
CY2019	us-gaap	Gain Loss On Investments GainLossOnInvestments	323824	usd
CY2020	us-gaap	Gain Loss On Investments GainLossOnInvestments	877358	usd
CY2019	us-gaap	Investment Income Interest InvestmentIncomeInterest	80731	usd
CY2020	us-gaap	Investment Income Interest InvestmentIncomeInterest	53101	usd
CY2019	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.16
CY2020	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.24
CY2019	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11945636	shares
CY2020	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	12240641	shares
CY2019	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	12085798	shares
CY2020	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	12302552	shares
CY2019	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	227963	usd
CY2020	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	122489	usd
CY2019	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	2525148	usd
CY2020	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	3706023	usd
CY2019	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	384793	usd
CY2020	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	606484	usd
CY2019	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2140355	usd
CY2020	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	3099539	usd
CY2019	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	231696	usd
CY2020	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1016	usd
CY2019	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	2314621	usd
CY2020	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	5190975	usd
CY2020	FSI	Operating Lease Right Of Use Asset Depreciation OperatingLeaseRightOfUseAssetDepreciation	-331773	usd
CY2019Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	789205	usd
CY2020Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	483113	usd
CY2020	FSI	Lease Interest Expense LeaseInterestExpense	53768	usd
CY2019Q4	us-gaap	Accounts Receivable Gross AccountsReceivableGross	4740867	usd
CY2020Q4	us-gaap	Accounts Receivable Gross AccountsReceivableGross	6161249	usd
CY2019Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	270652	usd
CY2020Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	271436	usd
CY2019Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	3818876	usd
CY2020Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	3393794	usd
CY2019Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	416950	usd
CY2020Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	152595	usd
CY2019Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	4946960	usd
CY2020Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	4826087	usd
CY2019	us-gaap	Depreciation Depreciation	427826	usd
CY2020	us-gaap	Depreciation Depreciation	659233	usd
CY2019Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	10166757	usd
CY2020Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	11982741	usd
CY2019Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	6161081	usd
CY2020Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	6840700	usd
CY2019	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	16438	usd
CY2020	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	16439	usd
CY2019Q4	us-gaap	Finite Lived Patents Gross FiniteLivedPatentsGross	204102	usd
CY2020Q4	us-gaap	Finite Lived Patents Gross FiniteLivedPatentsGross	208211	usd
CY2019Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	157526	usd
CY2020Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	178074	usd
CY2019Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	46576	usd
CY2020Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	30137	usd
CY2019Q4	us-gaap	Long Term Debt LongTermDebt	4380393	usd
CY2018Q4	us-gaap	Long Term Debt LongTermDebt	4351743	usd
CY2020Q4	us-gaap	Long Term Debt LongTermDebt	3847638	usd
CY2019	us-gaap	Proceeds From Loans ProceedsFromLoans	1100000	usd
CY2020	us-gaap	Proceeds From Loans ProceedsFromLoans	3413160	usd
CY2019	us-gaap	Payments For Proceeds From Deposit On Loan PaymentsForProceedsFromDepositOnLoan	1071350	usd
CY2020	us-gaap	Payments For Proceeds From Deposit On Loan PaymentsForProceedsFromDepositOnLoan	4395915	usd
CY2020	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage	1.00
CY2020	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod	P5Y
CY2019	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	347000	shares
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	172000	shares
CY2020	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P1Y2M30D
CY2019	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod	56112	shares
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod	13000	shares
CY2020	FSI	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Granted Options Exercise Price SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeGrantedOptionsExercisePrice	2.44
CY2019Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	1.35
CY2018Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	1.35
CY2020Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	2.42
CY2019	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice	1.41
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice	2.75
CY2019	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	1.15
CY2020	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	0.88
CY2019Q2	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.075
CY2019Q4	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.075
CY2019Q1	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.15
CY2019	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders		usd
CY2020	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders		usd
CY2019Q4	us-gaap	Noncurrent Assets NoncurrentAssets	10327732	usd
CY2020Q4	us-gaap	Noncurrent Assets NoncurrentAssets	10965566	usd
CY2020	us-gaap	Operating Lease Payments OperatingLeasePayments	385541	usd
CY2020	us-gaap	Equity Method Investment Description Of Principal Activities EquityMethodInvestmentDescriptionOfPrincipalActivities	Significant influence is generally deemed to exist if the Company's ownership interest in the voting stock of the investee ranges between 20% and 50%, although other factors, such as representation on the investee's board of directors, are considered in determining whether the equity method of accounting is appropriate.
CY2020Q4	us-gaap	Lessee Operating Lease Discount Rate LesseeOperatingLeaseDiscountRate	0.055
CY2020	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2020
CY2020Q2	dei	Entity Public Float EntityPublicFloat	15684836	usd
CY2020	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2020	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2019	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	391476	usd
CY2020	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	739113	usd
CY2019	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	177096	usd
CY2020	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	334361	usd
CY2019	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	51285	usd
CY2020	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	124414	usd
CY2019	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	619857	usd
CY2020	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	1197888	usd
CY2019	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	-293796	usd
CY2020	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	158308	usd
CY2019	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	-132908	usd
CY2020	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	71616	usd
CY2019	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	-175717	usd
CY2020	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	179629	usd
CY2019	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.305
CY2020	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.305
CY2019	FSI	Expected Income Tax Recovery ExpectedIncomeTaxRecovery	705960	usd
CY2020	FSI	Expected Income Tax Recovery ExpectedIncomeTaxRecovery	1583247	usd
CY2019	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	-41419	usd
CY2020	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	-60470	usd
CY2019	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	27893	usd
CY2020	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	603422	usd
CY2019	us-gaap	Income Tax Reconciliation Change In Enacted Tax Rate IncomeTaxReconciliationChangeInEnactedTaxRate	-263686	usd
CY2020	us-gaap	Income Tax Reconciliation Change In Enacted Tax Rate IncomeTaxReconciliationChangeInEnactedTaxRate		usd
CY2019	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	-400593	usd
CY2020	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	-120372	usd
CY2019	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	-10719	usd
CY2020	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	-398386	usd
CY2019	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	172000	shares
CY2020	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	507000	shares
CY2019	FSI	Commissions Commissions	76302	usd
CY2020	FSI	Commissions Commissions	148922	usd
CY2021Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	12312545	shares
CY2019Q4	us-gaap	Deposits Assets Current DepositsAssetsCurrent		usd
CY2020Q4	us-gaap	Deposits Assets Current DepositsAssetsCurrent	1000000	usd
CY2019	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	2312	usd
CY2020	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	9490	usd
CY2019	FSI	Gain On Acquisition GainOnAcquisition		usd
CY2020	FSI	Gain On Acquisition GainOnAcquisition	133341	usd
CY2019	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	297532	usd
CY2020	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	331773	usd
CY2019	FSI	Lease Right Of Use Financing LeaseRightOfUseFinancing	79143	usd
CY2020	FSI	Lease Right Of Use Financing LeaseRightOfUseFinancing	53768	usd
CY2019	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	165542	usd
CY2020	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	972295	usd
CY2019	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2666630	usd
CY2020	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3215329	usd
CY2019	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	1100000	usd
CY2020	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	3413160	usd
CY2020	FSI	Operating Leases Liability Termination OperatingLeasesLiabilityTermination	-234980	usd
CY2020Q4	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	334620	usd
CY2019	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	376675	usd
CY2020	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	385541	usd
CY2019	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1071350	usd
CY2020	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	4395915	usd
CY2019	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets		usd
CY2020	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	9490	usd
CY2019	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired		usd
CY2020	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	-13419	usd
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	17911227	usd
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	17059301	usd
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	21206528	usd
CY2019	us-gaap	Net Income Loss NetIncomeLoss	1912392	usd
CY2020	us-gaap	Net Income Loss NetIncomeLoss	2977050	usd
CY2019	FSI	Proceeds From Loan Acquired With Acquisition ProceedsFromLoanAcquiredWithAcquisition		usd
CY2020	FSI	Proceeds From Loan Acquired With Acquisition ProceedsFromLoanAcquiredWithAcquisition	450000	usd
CY2020	FSI	Operating Lease Assets Addition OperatingLeaseAssetsAddition	260661	usd
CY2020	FSI	Operating Leases Assets Termination OperatingLeasesAssetsTermination	-234980	usd
CY2020	FSI	Operating Leases Liability Addition OperatingLeasesLiabilityAddition	260661	usd
CY2020Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	149227	usd
CY2020Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	16438	usd
CY2020Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	13699	usd
CY2020Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	78240	usd
CY2020Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	77100	usd
CY2020Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	70440	usd
CY2020Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	71940	usd
CY2020Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	632340	usd
CY2020	FSI	Investment Eliminated Upon Consolidation InvestmentEliminatedUponConsolidation	63165	usd
CY2020Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents	13419	usd
CY2020Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings	630000	usd
CY2020Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand	85000	usd
CY2020Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet	196506	usd
CY2020	FSI	Gain On Acquisition Of Enp Realty GainOnAcquisitionOfEnpRealty	133341	usd
CY2019	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	17436	usd
CY2020	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1607441	usd
CY2020	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P3Y4M24D
CY2019Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	635000	shares
CY2018Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	660000	shares
CY2020Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	749000	shares
CY2020Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	502000	shares
CY2019	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	2.99
CY2020	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	2.44
CY2020Q4	us-gaap	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1 SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1	2.51
CY2019	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P3Y
CY2020	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P3Y
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0037
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.7014
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	1.12
CY2019	FSI	Inventory Additions In Accounts Payable And Accrued Liabilities InventoryAdditionsInAccountsPayableAndAccruedLiabilities		usd
CY2020	FSI	Inventory Additions In Accounts Payable And Accrued Liabilities InventoryAdditionsInAccountsPayableAndAccruedLiabilities	397140	usd
CY2020Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable	15797	usd
CY2020Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Long Term Debt BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesLongTermDebt	450000	usd
CY2020Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities	66116	usd
CY2019Q4	us-gaap	Restricted Cash Current RestrictedCashCurrent	1000000	usd
CY2020Q4	us-gaap	Restricted Cash Current RestrictedCashCurrent		usd
CY2019	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	227963	usd
CY2020	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	122489	usd
CY2019	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	246444	usd
CY2020	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	156012	usd
CY2019	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	863260	usd
CY2020	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	39750	usd
CY2019	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-602421	usd
CY2020	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	409553	usd
CY2019	us-gaap	Proceeds From Other Deposits ProceedsFromOtherDeposits	147	usd
CY2020	us-gaap	Proceeds From Other Deposits ProceedsFromOtherDeposits	22090	usd
CY2019	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	1001000	usd
CY2020	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	3152025	usd
CY2019	us-gaap	Payments Of Dividends PaymentsOfDividends	2398133	usd
CY2020	us-gaap	Payments Of Dividends PaymentsOfDividends		usd
CY2019	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	296875	usd
CY2020	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	594882	usd
CY2020	us-gaap	Number Of Reporting Units NumberOfReportingUnits	2	segments
CY2020	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	false
CY2019	us-gaap	Dividends Dividends	2398133	usd
CY2019Q4	FSI	Finite Lived Patent Gross FiniteLivedPatentGross	46576	usd
CY2020Q4	FSI	Finite Lived Patent Gross FiniteLivedPatentGross	30137	usd
CY2019	us-gaap	Repayments Of Debt RepaymentsOfDebt		usd
CY2020	us-gaap	Repayments Of Debt RepaymentsOfDebt	500000	usd
CY2019Q4	FSI	Convertible Long Term Note Payable ConvertibleLongTermNotePayable	500000	usd
CY2020Q4	FSI	Convertible Long Term Note Payable ConvertibleLongTermNotePayable		usd
CY2020	us-gaap	Use Of Estimates UseOfEstimates	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">(l) <i>Use of Estimates</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates and would impact the results of operations and cash flows.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.45pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.45pt">Estimates and underlying assumptions are reviewed at each period end. Revisions to accounting estimates are recognized in the period in which the estimates are revised and in any future periods affected.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.45pt">Significant areas requiring the use of management estimates include assumptions and estimates relating to the valuation of goodwill and intangible assets, asset impairment analysis, share-based payments and warrants, valuation allowances for deferred income tax assets, determination of useful lives of property, equipment and leaseholds and intangible assets, recoverability of accounts receivable, recoverability of investments, discount rates for right of use assets and the valuation of inventory.</p>
CY2020	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">(p) <i>Risk Management</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company’s credit risk is primarily attributable to its accounts receivable. The amounts presented in the accompanying consolidated balance sheets are net of allowances for doubtful accounts, estimated by the Company’s management based on prior experience and the current economic environment. The Company is exposed to credit-related losses in the event of non-payment by customers. Credit exposure is minimized by dealing with only credit worthy counterparties. Revenue for the Company’s three primary customers totaled $14,713,127 (47%) for the year ended December 31, 2020 (2019 - $12,814,506 or 47%). Accounts receivable for the Company’s three primary customers totaled $3,986,284 (68%) at December 31, 2020 (2019 - $2,708,825 or 61%).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 24.5pt; background-color: white">The credit risk on cash and cash equivalents is limited because the Company limits its exposure to credit loss by placing its cash and cash equivalents with major financial institutions. The Company maintains cash balances at financial institutions which at times exceed federally insured amounts. The Company has not experienced any losses in such accounts.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 24.5pt; background-color: white">The Company is exposed to foreign exchange risk to the extent that market value rate fluctuations materially differ from financial assets and liabilities, subject to fixed long-term rates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 24.5pt; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 24.5pt; background-color: white">In order to manage its exposure to foreign exchange risks, the Company is closely monitoring the fluctuations in the foreign currency exchange rates and the impact on the value of cash and cash equivalents, accounts receivable, and accounts payable and accrued liabilities. The Company has not hedged its exposure to currency fluctuations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 24.5pt; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 24.5pt; background-color: white">The Company is exposed to interest rate risk to the extent that the fair value or future cash flows for financial liabilities will fluctuate as a result of changes in market interest rates. The Company is exposed to interest rate risk on its long-term debt.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 24.5pt; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 24.5pt; background-color: white">In order to manage its exposure to interest rate risk, the Company is closely monitoring fluctuations in market interest risks and will refinance its long-term debt where possible to obtain more favourable rates.<i> </i></p>

Files In Submission

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$FSI
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2020 Form 10-K Financial Statement

#000149315221007436 Filed on March 31, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

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$FSI FLEXIBLE SOLUTIONS INTERNATIONAL INC Stock $fsi

2020 Form 10-K Financial Statement

#000149315221007436 Filed on March 31, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FSI
FLEXIBLE SOLUTIONS INTERNATIONAL INC Stock $fsi