Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.22.2.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current Assets    
Cash $ 2,143,012 $ 7,472,224
Accounts receivable, net 15,037,633 18,179,933
Inventory, net 40,156,305 38,432,012
Prepaid and other current assets 2,564,983 786,036
Total Current Assets 59,901,933 64,870,205
Other Assets    
Property and equipment, net 16,548,006 13,341,629
Right-of-use asset 4,899,059 0
Other assets 1,517,760 742,691
Total Assets 82,866,758 78,954,525
Current Liabilities    
Accounts payable 31,401,313 14,440,506
Accrued expenses 2,346,390 1,815,567
Short term lease liability 1,039,199 0
Warrant liabilities 2,960,853 4,801,929
Total Current Liabilities 37,747,755 21,058,002
Lease liability, net of current maturities 3,797,491 0
Total Liabilities 41,545,246 21,058,002
Commitment and Contingencies (Note 5)
Stockholders' Equity    
Common stock, $0.0001 par value, 200,000,000 shares authorized, 5,722,743 and 861,997 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 572 86
Additional paid-in capital 163,751,509 156,184,327
Accumulated deficit (122,430,569) (98,287,890)
Total Stockholders' Equity 41,321,512 57,896,523
Total Liabilities and Stockholders' Equity 82,866,758 78,954,525
Series C Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock
Series D Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock
Series E Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock
Series F Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock
Series G Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock