v3.22.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues, net of allowances    
Total revenues, net of allowances $ 17,220,744 $ 12,282,255
Cost of Goods Sold    
Total cost of goods sold 14,217,617 8,819,127
Gross profit 3,003,127 3,463,128
Operating expenses:    
Selling, general and administrative expenses 15,934,045 7,949,783
Research and development 2,514,050 1,406,385
Total operating expenses 18,448,095 9,356,168
Income (loss) from operations (15,444,968) (5,893,040)
Other income (expense)    
Warrant issuance costs (275,130) 0
Change in fair value of warrant liabilities 3,616,160 0
Interest expense 0 (160,619)
Total other income (expense) 3,341,030 (160,619)
Net loss $ (12,103,938) $ (6,053,659)
Basic and diluted net loss per share attributed to common stockholders $ (14.04) $ (13.43)
Basic and diluted weighted average common shares outstanding 861,997 450,624
Metal goods [Member]    
Revenues, net of allowances    
Total revenues, net of allowances $ 7,868,628 $ 4,345,197
Cost of Goods Sold    
Total cost of goods sold 7,351,882 3,328,000
Soft goods [Member]    
Revenues, net of allowances    
Total revenues, net of allowances 8,858,578 7,937,058
Cost of Goods Sold    
Total cost of goods sold 6,385,371 5,491,127
Electronic goods [Member]    
Revenues, net of allowances    
Total revenues, net of allowances 493,538 0
Cost of Goods Sold    
Total cost of goods sold $ 480,364 $ 0

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