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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash $ 959,126 $ 342,678
Trade receivables 1,312,578 1,324,333
Inventories 10,325,191 12,331,133
Prepaid expenses and current assets 604,358 397,083
Current assets from discontinued operations 74,892
Total current assets 13,201,253 14,470,119
Property and equipment, net 3,366,831 4,687,469
Right-of-use assets 1,361,188 577,856
Intangible assets, net 14,141,556 14,674,790
Goodwill 28,182 28,182
Other assets, net 787,008 1,165,581
Non-current assets from discontinued operations 106,665 261,866
Total Assets 32,992,683 35,865,863
Current liabilities:    
Accounts payable 1,981,171 2,881,185
Accrued liabilities 820,028 888,296
Deferred revenue 315,775
Secured trade credit facility, net of debt issuance costs 6,381,475
Deferred consideration for Azuñia acquisition (current) 15,451,500
Other current liabilities 250,000
Current portion of notes payable 4,010,887 1,819,172
Current portion of lease liability 540,852 423,671
Current liabilities of discontinued operations 17,255 125,278
Total current liabilities 29,768,943 6,137,602
Lease liability - less current portion 883,905 274,863
Secured trade credit facility, net of debt issuance costs 2,961,566
Deferred consideration for Azuñia acquisition (long term) 15,451,500
Notes payable - less current portion and debt discount 1,347,219 3,594,254
Non-current liabilities of discontinued operations 78,658 112,760
Total liabilities 32,078,725 28,532,545
Commitments and contingencies (Note 12)
Stockholders' equity:    
Common stock, $0.0001 par value; 15,000,000 shares authorized; 10,149,252 and 9,675,028 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 1,014 967
Additional paid-in capital 52,609,016 51,566,438
Accumulated deficit (51,696,072) (44,234,087)
Total Stockholders' Equity 913,958 7,333,318
Total Liabilities and Stockholders' Equity $ 32,992,683 $ 35,865,863