XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 682,654 $ 456,719
Accounts receivable, net of allowance of $17,611 and $20,929 respectively 1,090,399 692,102
Inventory, net 6,703,221 6,830,593
Inventory deposits 2,857,314 3,300,388
Prepaid expenses 726,628 614,238
Other current assets 177,930 162,119
Total current assets 12,238,146 12,056,159
Property and equipment, net 441,728 320,687
Right-of-use asset 316,767 538,932
Goodwill 9,583,836 9,583,836
Other non-current assets 252,807 153,555
Total assets 22,833,284 22,653,169
Current liabilities:    
Accounts payable 1,082,445 760,802
Accrued liabilities 1,114,307 452,236
Operating lease liability - short-term 313,479 291,263
Options liability, at fair value 471,014 0
Notes payable - current 590,274 269,245
Total current liabilities 3,571,519 1,773,546
Long-term liabilities    
Operating lease liability - long-term 0 235,625
Related party note 918,063  
Notes Payable 5,731 10,420
Total liabilities 3,880,250 2,019,591
Stockholders’ equity:    
Preferred stock, 5,000,000 authorized, $0.00001 par value per share, none issued and outstanding as of September 30, 2024, and December 31, 2023 0 0
Common stock, 350,000,000 authorized, $0.00001 par value per share, 16,772,612 and 15,171,748 issued and outstanding as of September 30, 2024, and December 31, 2023, respectively 170 152
Additional paid-in capital 90,087,804 85,245,925
Accumulated deficit (71,134,940) (64,612,499)
Total stockholders’ equity 18,953,034 20,633,578
Total liabilities and stockholders’ equity 22,833,284 22,653,169
Related Party [Member]    
Long-term liabilities    
Related party note $ 303,000 $ 0