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Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash $ 3,796,267 $ 23,203,230
Accounts receivable 1,330,521 2,157,108
Inventory 2,505,259 5,754,748
Prepaid expenses and other current assets 3,775,055 4,874,704
Total current assets 11,407,102 35,989,790
Property and equipment, net 12,915,773 13,700,876
Intangible assets 262,966 262,966
Deferred tax assets 2,314,907
Right-of-use assets 1,075,157
Security deposits 247,708 267,707
Total assets 25,908,706 52,536,246
Current liabilities    
Accounts payable 36,404,249 40,591,938
Customer deposits 3,098,119 15,497,857
Accrued expenses 5,793,044 6,221,330
Other current liabilities 2,279,138 3,930,841
Operating lease liabilities 688,188
Notes payable, net of unamortized discount of $1,296,718 4,203,282
Warrants liability 551,000
Total current liabilities 53,017,020 66,241,966
Other non-current liabilities    
Operating lease, net of current portion 386,866
Total liabilities 53,403,886 66,241,966
COMMITMENTS AND CONTINGENCIES (Note 6)
SHAREHOLDERS’ DEFICIT    
Preferred stock, $0.0001 par value per share; 1,000,000 shares authorized and 0 issued and outstanding as of December 31, 2022 and 2021
Common stock, $0.0001 par value per share; 10,000,000 Class F shares authorized and 0 issued and outstanding as of December 31, 2022 and 2021
100,000,000 Class A shares authorized 34,825,971 and 33,965,804 issued and outstanding as of December 31, 2022 and 2021, respectively 3,411 3,396
Additional paid in capital 11,107,946 6,973,541
Accumulated deficit (38,606,537) (20,682,657)
Total shareholders’ deficit (27,495,180) (13,705,720)
Total liabilities and shareholders’ deficit $ 25,908,706 $ 52,536,246