Thanksgiving Coffee (TCCI) 10-Q 18 Dec 20 2020 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information	9 Months Ended
	Sep. 30, 2020shares
Document Information [Line Items]
Entity Registrant Name	THANKSGIVING COFFEE CO INC
Entity Central Index Key	0000949852
Trading Symbol	tcci
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding (in shares)	1,236,744
Entity Shell Company	false
Document Type	10-Q
Document Period End Date	Sep. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Amendment Flag	false
Title of 12(b) Security	Common Stock, no par value

Condensed Balance Sheets (Curre

Condensed Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Current assets
Cash	$ 662,472	$ 410,974
Accounts receivable, net of allowance	213,555	218,454
Inventories	261,973	236,258
Prepaid expenses	46,730	49,534
Total current assets	1,184,730	915,220
Property and equipment, net	236,132	259,490
Right of use leased assets	471,117	543,465
Deposits and other assets	4,545	1,056
Total assets	1,896,524	1,719,231
Current liabilities
Accounts payable	229,784	165,743
Notes payable	25,000
Accrued liabilities	79,812	44,996
Current portion of operating lease liabilities	99,098	96,566
Current portion of long term debt and equipment financing	71,592	25,949
Total current liabilities	505,286	333,254
Long term liabilities
Noncurrent long-term debt and equipment financing	148,755	22,096
Noncurrent operating lease liabilities	372,019	446,899
Total liabilities	1,026,060	802,249
Shareholders' equity
Common stock, no par value, 1,960,000 shares authorized, 1,236,744 shares issued and outstanding	861,816	861,816
Additional paid in capital	24,600	24,600
Retained earnings (accumulated deficit)	(15,952)	30,566
Total shareholders' equity	870,464	916,982
Total liabilities and shareholders' equity	$ 1,896,524	$ 1,719,231

Condensed Balance Sheets (Cur_2

Condensed Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares $ / shares in Thousands	Sep. 30, 2020	Dec. 31, 2019
Common stock, no par value (in dollars per share)	$ 0	$ 0
Common stock, authorized (in shares)	1,960,000	1,960,000
Common stock, issued (in shares)	1,236,744	1,236,744
Common stock, outstanding (in shares)	1,236,744	1,236,744

Condensed Statements of Operati

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Income
Net sales	$ 1,210,517	$ 866,775	$ 2,829,633	$ 3,120,554
Cost of sales	596,711	514,016	1,555,330	1,749,736
Gross profit	613,806	352,759	1,274,303	1,370,818
Operating expenses
Selling, general, and administrative expenses	429,507	346,082	1,324,317	1,095,802
Operating profit (loss)	184,299	6,677	(50,014)	275,016
Other Income (expense)
Interest expense	(468)	(1,407)	(2,328)	(4,476)
Other income (expenses), net	(516)	(24,227)	17,383	(24,028)
Total other income (expense), net	(984)	(25,634)	15,055	(28,504)
Income (loss) before income taxes	183,315	(18,957)	(34,959)	246,512
Income tax expense	(10,759)	(9,557)	(11,559)	(10,393)
Net Income (loss)	$ 172,556	$ (28,514)	$ (46,518)	$ 236,119
Earnings (loss) per share (basic and diluted) (in dollars per share)	$ 0.14	$ (0.023)	$ (0.038)	$ 0.191
Weighted average number of shares (in shares)	1,236,744	1,236,744	1,236,744	1,236,744

Condensed Statements of Retaine

Condensed Statements of Retained Earnings (Accumulated Deficit) (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Retained earnings (accumulated deficit), beginning of period	$ (188,508)	$ 26,399	$ 30,566	$ (238,234)
Net income (loss)	172,556	(28,514)	(46,518)	236,119
Accumulated deficit, end of period	$ (15,952)	$ (2,115)	$ (15,952)	$ (2,115)

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Operating activities
Net income (loss)	$ (46,518)	$ 236,119
Adjustments to reconcile net income (loss) to cash flows from operating activities:
Depreciation and amortization	56,867	51,633
Net gain on disposal of property and equipment	(5,759)
(Increase) decrease in:
Accounts receivable	4,899	(26,529)
Inventories	(25,715)	(31,469)
Prepaid expenses	2,804	19,818
Other assets	(3,489)	(2,908)
Increase (decrease) in:
Accounts payable	64,041	(28,458)
Accrued liabilities	34,816	(3,481)
Net cash provided by operating activities	81,946	214,725
Investing activities
Purchases of property and equipment	(44,259)	(724)
Proceeds from insurance recovery	16,509
Net cash used in investing activities	(27,750)	(724)
Financing activities
Proceeds from borrowings	214,228
Repayments of long term debt	(16,926)	(40,943)
Net cash provided by (used in) financing activities	197,302	(40,943)
Increase in cash	251,498	173,058
Cash at beginning of period	410,974	153,646
Cash at end of period	662,472	326,704
Supplemental disclosure of cash flow information:
Interest	2,328	4,476
Income taxes	$ 11,559	$ 837

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1. Basis of Presentation The unaudited condensed financial statements in this Form 10 10 10 X. 2019 10 December 31, 2019, 10 “2019 not nine September 30, 2020 not December 31, 2019 not Concentration of Risk For the three September 30, 2020, 46%, nine September 30, 2020, 29%, As of September 30, 2020, one 41% December 31, 2019, one 21% Income Taxes Deferred income tax assets and liabilities are recognized for the future tax consequences of the differences between the financial statement carrying amount of existing assets and liabilities and their respective tax bases. Deferred income tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. A valuation allowance is established, when necessary, to reduce deferred tax assets to the amount expected to be realized. Use of Estimates The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Accordingly, actual results could differ from those estimates. Revenue Recognition The Company recognizes revenue in accordance with the five 606, 606, five 1 2 3 4 5 The Company recognizes revenue once its performance obligation to the customer is completed and control of the product or service is transferred to the customer. Revenue reflects the total amount the Company receives, or expects to receive, from the customer and includes shipping costs that are billed and included in the consideration. The Company's contractual obligations to customers generally have a single point of obligation and are short term in nature. For sales through distributors, the Company recognizes revenue when the product is shipped, and title passes to the distributor. The Company's standard terms are 'FOB' shipping point, with no No no not The Company sells coffee directly to customers through its direct delivery, retail web site and wholesale mail order customers. Additionally, the Company sells other coffee related merchandise through its website. Web site sales are paid for and recognized as revenue at the point of sale. Retail orders are billed to the customer's credit card, at the time of shipment, and revenue is then recognized. The Company periodically sells special bulk orders of products that are in excess of production requirements. These sales are recognized when ownership transfers to the buyer, which occurs at the point of shipment. Leases Our leases consist of both operating and equipment financing. We categorize leases as either operating leases or equipment financing at the commencement date of the agreement. We recognize a right-of-use (“ROU”) asset and lease liability for each operating and equipment financing with a contractual term greater than 12 not 12 Our lease liability represents the present value of future lease payments over the lease term. We cannot determine the interest rate implicit in all of our leases. Therefore, we use market and term-specific incremental borrowing rates when the rate is not not Total lease costs recorded as rent and other occupancy costs include fixed operating lease costs, variable lease costs and short-term lease costs, as applicable. We recognize operating lease costs on a straight-line basis over the lease term. Our lease agreements do not The ROU asset is measured at the initial amount of the lease liability adjusted for lease payments made at or before the lease commencement date. For operating leases, ROU assets are reduced over the lease term by the recognized straight-line lease expense less the amount of accretion of the lease liability determined using the effective interest method. For equipment financing, ROU assets are amortized on a straight-line basis over the shorter of the useful life of the leased asset or the lease term. Interest expense on each equipment financing liability is recognized utilizing the effective interest method. ROU assets are tested for impairment in the same manner as long-lived assets. Additionally, we monitor for events or changes in circumstances that may one Earnings (Loss) per S hare The Company computes basic earnings (loss) per share ("EPS") by dividing net earnings (loss) for the period (adjusted for any cumulative dividends for the period) by the weighted average number of common shares outstanding during the period. Diluted EPS includes the determinants of basic EPS and, in addition, reflects the dilutive effect, if any, of the common stock deliverable pursuant to stock options or common stock issuable upon the conversion of convertible stock. We have no three nine September 30, 2020 2019.

Note 2 - Accounts Receivable

Note 2 - Accounts Receivable	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	2. Accounts Receivable Accounts receivable consist of the following: 9/30/2020 12/31/2019 Accounts receivable $ 217,230 $ 223,116 Less: allowance for doubtful accounts (3,675 ) (4,662 ) Net accounts receivable $ 213,555 $ 218,454 The Company utilizes a percentage method to establish the allowance for doubtful accounts. The estimated allowance ranges from 1% 10% three September 30, 2020 2019 $65 $1,236, nine September 30, 2020 2019 $795 $8,795,

Note 3 - Inventories

Note 3 - Inventories	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Inventory Disclosure [Text Block]	3. Inventories Inventories consist of the following: 9/30/2020 12/31/2019 Coffee Unroasted $ 173,560 $ 142,095 Roasted 37,717 35,141 Tea 987 1,616 Packaging, supplies, and other merchandise held for sale 49,709 57,406 Total inventories $ 261,973 $ 236,258

Note 4 - Properties and Equipme

Note 4 - Properties and Equipment	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	4. Property and equipment, consist of the following: 9/30/2020 12/31/2019 Equipment $ 504,687 $ 488,189 Furniture and fixtures 155,932 151,093 Leasehold improvements 368,954 368,954 Transportation equipment 44,687 50,217 Pacakge design 41,000 41,000 Capitalized website development costs 32,708 19,000 Property held under financings 325,437 362,280 Total property and equipment 1,473,405 1,480,733 Accumulated depreciation (1,237,273 ) (1,221,243 ) Property and equipment, net $ 236,132 $ 259,490 Depreciation and amortization expense for the nine September 30, 2020 2019 $56,867 $51,633, three September 30, 2020 2019 $17,412 $16,409

Note 5 - Operating Leases, and

Note 5 - Operating Leases, and Long-term Debt and Equipment Financing	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Finance Lease and Operating Lease Disclosure [Text Block]	5. Operating Leases, and Long-term Debt and Equipment Financing ASC 842, 842 twelve We lease a warehouse, heavy machinery, and office equipment under finance and operating leases. As of September 30, 2020, three four one five 12 not None not Lease Position as of September 30, 2020 The table below presents the lease-related assets and liabilities recorded on the balance sheet. Classification on the Balance Sheet September 30, 2020 Assets Operating lease assets Operating lease right-of-use assets $ 471,117 Equipment financing assets Property and equipment, net 72,709 Total lease assets $ 543,826 Liabilities Current Operating Current portions of operating leases $ 99,098 Equipment financing Current portion of long-term debt and equipment financing 14,824 Noncurrent Operating Noncurrent operating leases 372,019 Equipment financing and long-term debt Noncurrent long-term debt and equipment financing 16,295 Total lease liabilities $ 502,236 Weighted-average remaining lease term Operating leases (in years) 3.50 Equipment financing (in years) 1.82 Weighted-average discount rate Operating leases 2.45 % Equipment financing 8.64 % Lease Costs The table below presents certain information related to the lease costs for equipment financings and operating leases for the nine September 30, 2020. Nine Months Ended September 30, 2020 Equipment financing $ 23,614 Amortization of assets $ 21,286 Interest on equipment financing and long-term debt 2,328 Operating lease cost 82,476 Short-term lease cost - Variable lease cost - Total lease cost $ 106,090 Other Information The table below presents supplemental cash flow information related to operating leases and equipment financing and long-term debt for the nine September 30, 2020. Cash paid for amounts included in the measurement of lease liabilities: Nine Months Ended September 30, 2020 Operating cash flows for operating leases $ 82,476 Operating cash flows for equipment financing and long-term debt $ 2,328 Financing cash flows for equipment financing and long-term debt $ 16,926 Undiscounted Cash Flows The table below reconciles the undiscounted cash flows for each of the first five Operating Leases Equipment Financing Period Ending December 31, 2020 $ 27,492 $ 6,209 2021 109,968 15,393 2022 109,221 8,581 2023 105,484 2,838 2024 104,342 1,655 2025 43,000 - Total minimum lease payments and equipment financings 499,507 34,676 Less: amount of lease payments representing interest (28,390 ) (3,557 ) Present value of future minimum lease payments and equipment financings 471,117 31,119 Less: current obligations under leases and equipment financings (99,098 ) (14,824 ) Long-term lease and equipment financing obligations $ 372,019 $ 16,295

Note 6 - Disaggregated Revenue

Note 6 - Disaggregated Revenue by Routes, Direct and Mail Order	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	6. Disaggregated information of revenue recognized is as follows: For the Three months ended September 30 Sales by department 2020 2019 Routes-wholesale $ 277,049 $ 316,621 Direct-wholesale 744,016 453,201 Mailorder-retail 189,452 96,953 Total $ 1,210,517 $ 866,775 For the Nine months ended September 30 Sales by department 2020 2019 Routes-wholesale $ 808,208 $ 904,589 Direct-wholesale 1,434,696 1,910,988 Mailorder-retail 586,729 304,977 Total $ 2,829,633 $ 3,120,554

Note 7 - Income Taxes

Note 7 - Income Taxes	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Income Tax Disclosure [Text Block]	7 . Income Taxes Deferred income taxes arise from temporary timing differences in the recognition of income and expenses for financial reporting and tax purposes. The Company's deferred tax assets consist of the benefit from net operating loss (NOL) carryforwards and temporary differences. The Company's deferred tax assets are offset by a valuation allowance due to the uncertainty of the realization of the net operation loss carryforwards. Net operating loss carryforwards may

Note 8 - Related Party Transact

Note 8 - Related Party Transactions	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	8 . Related Party Transactions As of September 30, 2020, three September 30, 2020 December 31, 2019, $58,139 $37,333, nine September 30, 2020 2019, $401,811 $424,367, The Company leases its corporate headquarters, warehouse and waterfront facilities from Paul and Joan Katzeff (the Company's majority shareholders). The lease is classified as an operating lease and provides for monthly rental payments of $8,600. ten May 2025. In September 2020, $17,200 July August 2020. not

Note 9 - Business Segment

Note 9 - Business Segment	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	9. The Company operates in one

Note 10 - COVID-19 Uncertainty

Note 10 - COVID-19 Uncertainty and Related Activity	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Effect of Covid-19 Pandemic [Text Block]	10. 19 and Related Activity During the first 2020, 19 March 27, 2020, two 19. twenty-four may The future impact of the global emergence of COVID- 19 19 In April 2020, $189,228 may not 40% 24 10 1.00% 2 not not $113,537 $75,691 December 31, 2021 2022, The SBA loan is being accounted for under ASC 470, none In April 2020, $25,000 April 16, 2021 December 2020.

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentration of Risk For the three September 30, 2020, 46%, nine September 30, 2020, 29%, As of September 30, 2020, one 41% December 31, 2019, one 21%
Income Tax, Policy [Policy Text Block]	Income Taxes Deferred income tax assets and liabilities are recognized for the future tax consequences of the differences between the financial statement carrying amount of existing assets and liabilities and their respective tax bases. Deferred income tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. A valuation allowance is established, when necessary, to reduce deferred tax assets to the amount expected to be realized.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Accordingly, actual results could differ from those estimates.
Revenue from Contract with Customer [Policy Text Block]	Revenue Recognition The Company recognizes revenue in accordance with the five 606, 606, five 1 2 3 4 5 The Company recognizes revenue once its performance obligation to the customer is completed and control of the product or service is transferred to the customer. Revenue reflects the total amount the Company receives, or expects to receive, from the customer and includes shipping costs that are billed and included in the consideration. The Company's contractual obligations to customers generally have a single point of obligation and are short term in nature. For sales through distributors, the Company recognizes revenue when the product is shipped, and title passes to the distributor. The Company's standard terms are 'FOB' shipping point, with no No no not The Company sells coffee directly to customers through its direct delivery, retail web site and wholesale mail order customers. Additionally, the Company sells other coffee related merchandise through its website. Web site sales are paid for and recognized as revenue at the point of sale. Retail orders are billed to the customer's credit card, at the time of shipment, and revenue is then recognized. The Company periodically sells special bulk orders of products that are in excess of production requirements. These sales are recognized when ownership transfers to the buyer, which occurs at the point of shipment.
Lessee, Leases [Policy Text Block]	Leases Our leases consist of both operating and equipment financing. We categorize leases as either operating leases or equipment financing at the commencement date of the agreement. We recognize a right-of-use (“ROU”) asset and lease liability for each operating and equipment financing with a contractual term greater than 12 not 12 Our lease liability represents the present value of future lease payments over the lease term. We cannot determine the interest rate implicit in all of our leases. Therefore, we use market and term-specific incremental borrowing rates when the rate is not not Total lease costs recorded as rent and other occupancy costs include fixed operating lease costs, variable lease costs and short-term lease costs, as applicable. We recognize operating lease costs on a straight-line basis over the lease term. Our lease agreements do not The ROU asset is measured at the initial amount of the lease liability adjusted for lease payments made at or before the lease commencement date. For operating leases, ROU assets are reduced over the lease term by the recognized straight-line lease expense less the amount of accretion of the lease liability determined using the effective interest method. For equipment financing, ROU assets are amortized on a straight-line basis over the shorter of the useful life of the leased asset or the lease term. Interest expense on each equipment financing liability is recognized utilizing the effective interest method. ROU assets are tested for impairment in the same manner as long-lived assets. Additionally, we monitor for events or changes in circumstances that may one
Earnings Per Share, Policy [Policy Text Block]	Earnings (Loss) per S hare The Company computes basic earnings (loss) per share ("EPS") by dividing net earnings (loss) for the period (adjusted for any cumulative dividends for the period) by the weighted average number of common shares outstanding during the period. Diluted EPS includes the determinants of basic EPS and, in addition, reflects the dilutive effect, if any, of the common stock deliverable pursuant to stock options or common stock issuable upon the conversion of convertible stock. We have no three nine September 30, 2020 2019.

Note 2 - Accounts Receivable (T

Note 2 - Accounts Receivable (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	9/30/2020 12/31/2019 Accounts receivable $ 217,230 $ 223,116 Less: allowance for doubtful accounts (3,675 ) (4,662 ) Net accounts receivable $ 213,555 $ 218,454

Note 3 - Inventories (Tables)

Note 3 - Inventories (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Schedule of Inventory, Current [Table Text Block]	9/30/2020 12/31/2019 Coffee Unroasted $ 173,560 $ 142,095 Roasted 37,717 35,141 Tea 987 1,616 Packaging, supplies, and other merchandise held for sale 49,709 57,406 Total inventories $ 261,973 $ 236,258

Note 4 - Properties and Equip_2

Note 4 - Properties and Equipment (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Property, Plant and Equipment [Table Text Block]	9/30/2020 12/31/2019 Equipment $ 504,687 $ 488,189 Furniture and fixtures 155,932 151,093 Leasehold improvements 368,954 368,954 Transportation equipment 44,687 50,217 Pacakge design 41,000 41,000 Capitalized website development costs 32,708 19,000 Property held under financings 325,437 362,280 Total property and equipment 1,473,405 1,480,733 Accumulated depreciation (1,237,273 ) (1,221,243 ) Property and equipment, net $ 236,132 $ 259,490

Note 5 - Operating Leases, an_2

Note 5 - Operating Leases, and Long-term Debt and Equipment Financing (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Lease-related Assets and Liabilities [Table Text Block]	Classification on the Balance Sheet September 30, 2020 Assets Operating lease assets Operating lease right-of-use assets $ 471,117 Equipment financing assets Property and equipment, net 72,709 Total lease assets $ 543,826 Liabilities Current Operating Current portions of operating leases $ 99,098 Equipment financing Current portion of long-term debt and equipment financing 14,824 Noncurrent Operating Noncurrent operating leases 372,019 Equipment financing and long-term debt Noncurrent long-term debt and equipment financing 16,295 Total lease liabilities $ 502,236 Weighted-average remaining lease term Operating leases (in years) 3.50 Equipment financing (in years) 1.82 Weighted-average discount rate Operating leases 2.45 % Equipment financing 8.64 %
Lease, Cost [Table Text Block]	Nine Months Ended September 30, 2020 Equipment financing $ 23,614 Amortization of assets $ 21,286 Interest on equipment financing and long-term debt 2,328 Operating lease cost 82,476 Short-term lease cost - Variable lease cost - Total lease cost $ 106,090
Finance Lease and Operating Lease, Other Information [Table Text Block]	Cash paid for amounts included in the measurement of lease liabilities: Nine Months Ended September 30, 2020 Operating cash flows for operating leases $ 82,476 Operating cash flows for equipment financing and long-term debt $ 2,328 Financing cash flows for equipment financing and long-term debt $ 16,926
Finance and Operating Lease, Liability, Maturity [Table Text Block]	Operating Leases Equipment Financing Period Ending December 31, 2020 $ 27,492 $ 6,209 2021 109,968 15,393 2022 109,221 8,581 2023 105,484 2,838 2024 104,342 1,655 2025 43,000 - Total minimum lease payments and equipment financings 499,507 34,676 Less: amount of lease payments representing interest (28,390 ) (3,557 ) Present value of future minimum lease payments and equipment financings 471,117 31,119 Less: current obligations under leases and equipment financings (99,098 ) (14,824 ) Long-term lease and equipment financing obligations $ 372,019 $ 16,295

Note 6 - Disaggregated Revenu_2

Note 6 - Disaggregated Revenue by Routes, Direct and Mail Order (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Disaggregation of Revenue [Table Text Block]	For the Three months ended September 30 Sales by department 2020 2019 Routes-wholesale $ 277,049 $ 316,621 Direct-wholesale 744,016 453,201 Mailorder-retail 189,452 96,953 Total $ 1,210,517 $ 866,775 For the Nine months ended September 30 Sales by department 2020 2019 Routes-wholesale $ 808,208 $ 904,589 Direct-wholesale 1,434,696 1,910,988 Mailorder-retail 586,729 304,977 Total $ 2,829,633 $ 3,120,554

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Details Textual) shares in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2020shares	Sep. 30, 2019shares	Sep. 30, 2020shares	Sep. 30, 2019shares	Dec. 31, 2019
Weighted Average Number Diluted Shares Outstanding Adjustment, Total (in shares)	0	0	0	0
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Customer A [Member]
Concentration Risk, Percentage	46.00%		29.00%
Customer Concentration Risk [Member] | Accounts Receivable [Member]
Number of Major Customers			1		1
Customer Concentration Risk [Member] | Accounts Receivable [Member] | One Customer [Member]
Concentration Risk, Percentage			41.00%		21.00%

Note 2 - Accounts Receivable (D

Note 2 - Accounts Receivable (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Accounts Receivable, Credit Loss Expense (Reversal)	$ 65	$ 1,236	$ 795	$ 8,795
Minimum [Member]
Allowance for Doubtful Accounts Receivable, Percent				1.00%
Maximum [Member]
Allowance for Doubtful Accounts Receivable, Percent				10.00%

Note 2 - Accounts Receivable -

Note 2 - Accounts Receivable - Summary of Accounts Receivable (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Accounts receivable	$ 217,230	$ 223,116
Less: allowance for doubtful accounts	(3,675)	(4,662)
Net accounts receivable	$ 213,555	$ 218,454

Note 3 - Inventories - Summary

Note 3 - Inventories - Summary of Inventories (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Inventories	$ 261,973	$ 236,258
Coffee, Unroasted [Member]
Inventories	173,560	142,095
Coffee, Roasted [Member]
Inventories	37,717	35,141
Tea [Member]
Inventories	987	1,616
Packaging, Supplies and Other Merchandise Held for Sale [Member]
Inventories	$ 49,709	$ 57,406

Note 4 - Properties and Equip_3

Note 4 - Properties and Equipment (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Depreciation, Total	$ 17,412	$ 16,409	$ 56,867	$ 51,633

Note 4 - Properties and Equip_4

Note 4 - Properties and Equipment - Summary of Property and Equipment (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Property and equipment	$ 1,473,405	$ 1,480,733
Accumulated depreciation	(1,237,273)	(1,221,243)
Property and equipment, net	236,132	259,490
Equipment [Member]
Property and equipment	504,687	488,189
Furniture and Fixtures [Member]
Property and equipment	155,932	151,093
Leasehold Improvements [Member]
Property and equipment	368,954	368,954
Transportation Equipment [Member]
Property and equipment	44,687	50,217
Package Design [Member]
Property and equipment	41,000	41,000
Capitalized Website Development Costs [Member]
Property and equipment	32,708	19,000
Finance Lease Asset [Member]
Property and equipment	$ 325,437	$ 362,280

Note 5 - Operating Leases, an_3

Note 5 - Operating Leases, and Long-term Debt and Equipment Financing (Details Textual)	Sep. 30, 2020
Minimum [Member]
Lessee, Operating Lease, Remaining Lease Term (Year)	1 year
Lessee, Finance Lease, Remaining Lease Term (Year)	1 year
Maximum [Member]
Lessee, Operating Lease, Remaining Lease Term (Year)	5 years
Lessee, Finance Lease, Remaining Lease Term (Year)	5 years

Note 5 - Operating Leases, an_4

Note 5 - Operating Leases, and Long-term Debt and Equipment Financing - Lease-related Assets and Liabilities (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Operating lease assets	$ 471,117
Equipment financing assets	72,709
Total lease assets	543,826
Operating	99,098	$ 96,566
Equipment financing	14,824
Operating	372,019	$ 446,899
Equipment financing and long-term debt	16,295
Total lease liabilities	$ 502,236
Operating leases (in years) (Year)	3 years 182 days
Equipment financing (in years) (Year)	1 year 299 days
Operating leases	2.45%
Equipment financing	8.64%

Note 5 - Operating Leases, an_5

Note 5 - Operating Leases, and Long-term Debt and Equipment Financing - Lease Cost (Details)	9 Months Ended
	Sep. 30, 2020USD ($)
Equipment financing and long-term debt costs:	$ 23,614
Amortization of assets	21,286
Interest on equipment financing and long-term debt	2,328
Operating lease cost	82,476
Short-term lease cost
Variable lease cost
Total lease cost	$ 106,090

Note 5 - Operating Leases, an_6

Note 5 - Operating Leases, and Long-term Debt and Equipment Financing - Other Information (Details)	9 Months Ended
	Sep. 30, 2020USD ($)
Operating cash flows for operating leases	$ 82,476
Operating cash flows for equipment financing and long-term debt	2,328
Financing cash flows for equipment financing and long-term debt	$ 16,926

Note 5 - Operating Leases, an_7

Note 5 - Operating Leases, and Long-term Debt and Equipment Financing - Undiscounted Cash Flows (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
2020, operating lease	$ 27,492
2020, finance lease	6,209
2021, operating lease	109,968
2021, finance lease	15,393
2022, operating lease	109,221
2022, finance lease	8,581
2023, operating lease	105,484
2023, finance lease	2,838
2024, operating lease	104,342
2024, finance lease	1,655
2025, operating lease	43,000
2025, finance lease
Total minimum lease payments and equipment financings, operating lease	499,507
Total minimum lease payments and equipment financings, finance lease	34,676
Less: amount of lease payments representing interest, operating lease	(28,390)
Less: amount of lease payments representing interest, finance lease	(3,557)
Present value of future minimum lease payments and equipment financings, operating lease	471,117
Present value of future minimum lease payments and equipment financings, finance lease	31,119
Less: current obligations under leases and equipment financings, operating lease	(99,098)	$ (96,566)
Less: current obligations under leases and equipment financings, finance lease	(14,824)
Operating	372,019	$ 446,899
Equipment financing and long-term debt	$ 16,295

Note 6 - Disaggregated Revenu_3

Note 6 - Disaggregated Revenue by Routes, Direct and Mail Order - Disaggregation of Revenue (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Revenues	$ 1,210,517	$ 866,775	$ 2,829,633	$ 3,120,554
Routes-wholesale [Member]
Revenues	277,049	316,621	808,208	904,589
Direct-wholesale [Member]
Revenues	744,016	453,201	1,434,696	1,910,988
Mailorder-retail [Member]
Revenues	$ 189,452	$ 96,953	$ 586,729	$ 304,977

Note 8 - Related Party Transa_2

Note 8 - Related Party Transactions (Details Textual) - USD ($)	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Operating Leases, Monthly Rental Payment	$ 8,600
Lessee, Operating Lease, Term of Contract (Year)	10 years
Accrued Rent	$ 17,200
ETICO [Member]
Due to Related Parties, Current, Total	58,139		$ 37,333
Repayments of Related Party Debt	$ 401,811	$ 424,367

Note 9 - Business Segment (Deta

Note 9 - Business Segment (Details Textual)	9 Months Ended
	Sep. 30, 2020
Number of Reportable Segments	1

Note 10 - COVID-19 Uncertaint_2

Note 10 - COVID-19 Uncertainty and Related Activity (Details Textual) - USD ($)	1 Months Ended
	Apr. 30, 2020	Sep. 30, 2020
SBA CARES Act Paycheck Protection Program [Member]
Proceeds from Issuance of Long-term Debt, Total	$ 189,228
Long-Term Debt, Maturity, Year One		$ 113,537
Long-Term Debt, Maturity, Year Two		$ 75,691
Non-interest Bearing Emergency COVID-19 Commercial Loan [Member]
Proceeds from Issuance of Long-term Debt, Total	$ 25,000