XML 10 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Balance Sheets - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 6,946,387 $ 2,410,037
Accounts receivable, net 1,232,958 2,578,259
Inventory 19,434,041 4,123,246
Prepaid inventory 572,098 563,131
Prepaid expenses 202,430 563,164
Total current assets 28,387,914 10,237,837
Property and equipment:    
Construction in progress 2,848,191 1,522,465
Property and equipment 9,430,983 6,287,422
Less accumulated depreciation (1,550,550) (967,602)
Total property and equipment, net 10,728,624 6,842,285
Security deposit 1,357,956 346,616
Right-of-use asset 17,193,154 4,061,820
Total assets 57,667,648 21,488,558
Current liabilities:    
Accounts payable 1,301,098 853,535
Accrued interest 398,617 860,693
Accrued expenses 1,839,323 648,947
Income tax payable - current 65,603 0
Current portion of operating lease liabilities 2,140,084 550,941
Total current liabilities 8,689,760 5,771,200
Operating lease liabilities 16,005,280 3,671,729
Total liabilities 24,845,040 14,208,109
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value, 20,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.001 par value, 500,000,000 shares authorized, 10,245,388 and 6,029,371 shares issued and outstanding as of September 30, 2024 and December 31, 2023 10,245 6,029
Additional paid-in capital 91,086,537 66,014,415
Accumulated deficit (58,274,174) (58,739,995)
Total stockholders' equity 32,822,608 7,280,449
Total liabilities and stockholders' equity 57,667,648 21,488,558
Related Party [Member]    
Current liabilities:    
Current maturities of notes payable 2,731,901 2,543,146
Notes payable, net 0 4,171,142
Nonrelated Party [Member]    
Current liabilities:    
Current maturities of notes payable 213,134 313,938
Notes payable, net $ 150,000 $ 594,038