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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash $ 2,925,015 $ 2,673,541
Accounts receivable, net 16,068,693 17,139,944
Inventory 22,234,478 25,258,369
Contract assets 1,647,435 1,402,788
Prepaid expenses and other current assets 1,969,978 2,428,223
Total current assets 44,845,599 48,902,865
Property and equipment, net 20,155,368 19,503,485
Intangible assets, net 15,478,610 36,282,609
Right of use (ROU) assets, net 15,289,327 16,407,566
Goodwill 7,782,514 22,680,084
Other non-current assets 948,788 1,855,605
TOTAL ASSETS 104,500,206 145,632,214
CURRENT LIABILITIES:    
Accounts payable 18,249,084 8,608,554
Accrued expenses 7,318,063 6,749,890
Contract liabilities 5,420,178 5,284,285
Lines of credit, current portion 11,077,614 7,426,814
Convertible note payable 995,528 0
Financing lease obligation, current portion 800,610 725,302
Operating lease obligation, current portion 1,555,872 1,318,885
Total current liabilities 52,038,474 33,314,866
Notes payable, non-current portion 3,104,267 4,266,350
Lines of credit, non-current portion 442,962 7,215,520
Financing lease obligations, non-current portion 14,020,830 14,592,813
Operating lease obligations, non-current portion 14,049,037 15,262,494
Deferred tax liability 257,805 988,150
TOTAL LIABILITIES 83,913,375 75,640,193
Commitments and Contingencies (Note 10)
STOCKHOLDERS' EQUITY    
Additional paid-in capital [1] 143,595,686 141,723,921
Accumulated deficit [1] (122,773,253) (71,734,395)
Total stockholders' equity [1] 20,825,110 69,992,021
Non-controlling interest [1] (238,279) 0
Total equity 20,586,831 [1] 69,992,021 [2]
TOTAL LIABILITIES AND EQUITY 104,500,206 145,632,214
Nonrelated Party    
CURRENT LIABILITIES:    
Notes payable, current portion 5,983,275 3,201,136
Related Party    
CURRENT LIABILITIES:    
Notes payable, current portion 638,250 0
Series B Preferred Stock    
STOCKHOLDERS' EQUITY    
Preferred stock [1] 3 5
Class A Common Stock    
STOCKHOLDERS' EQUITY    
Common stock [1] 2,432 2,230
Class B Common Stock    
STOCKHOLDERS' EQUITY    
Common stock [1] 91 107
Class C Common Stock    
STOCKHOLDERS' EQUITY    
Common stock [1] $ 151 $ 153
[1] Current and prior period results have been adjusted to reflect the one-for-eight stock split effected in May 2023. See Note 7, Stockholders' Equity for details.
[2] Current and prior period results have been adjusted to reflect the one-for-eight stock split effected in May 2023. See Note 7, Stockholders' Equity for details.