Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current Assets    
Cash $ 1,834,305 $ 2,564,237
Accounts receivable, net 8,992,889 16,810,659
Inventory, net 28,070,889 40,365,286
Prepaid and other current assets 543,343 369,792
Total Current Assets 39,441,426 60,109,974
Other Assets    
Property and equipment, net 18,904,135 17,500,383
Right-of-use asset 4,021,988 4,415,859
Other assets 2,165,301 1,890,780
Total Assets 64,532,850 83,916,996
Current Liabilities    
Accounts payable 41,091,115 29,671,272
Accrued expenses 4,461,713 3,010,914
Lease liability, current maturities 1,247,062 959,630
Short-term loan payable 707,625 973,583
Warrant and preferred investment option liabilities 5,740,899 16,116,273
Total Current Liabilities 53,248,414 50,731,672
Lease liability, net of current maturities 3,013,214 3,477,380
Total Liabilities 56,261,628 54,209,052
Stockholders' Equity    
Common stock 3,691 1,408
Additional paid-in capital 181,469,690 174,659,589
Accumulated deficit (173,202,159) (144,953,053)
Total Stockholders' Equity 8,271,222 29,707,944
Total Liabilities and Stockholders' Equity 64,532,850 83,916,996
Series C Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock 0 0
Series D Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock 0 0
Series E Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock 0 0
Series F Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock 0 0
Series G Preferred Stock [Member]    
Stockholders' Equity    
Preferred Stock $ 0 $ 0