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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net loss $ (49,851,140) $ (1,137,144)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 626,077 59,192
Amortization of debt issuance costs 2,043,458
Loss on issuance of warrants 43,541,211
Provision for bad debts 608,356 46,705
Gain on sale 5,897
Changes in assets and liabilities:    
Accounts receivable (1,482,070) (149,484)
Inventories (3,323,971) 28,029
Prepaid expenses and other current assets 749,086 (785,899)
Accounts payable (159,375) 1,458
Accrued expenses and other current liabilities 2,305,191 385,232
Net cash provided by (used in) operating activities (4,937,282) (1,551,911)
Cash flows from investing activities:    
Purchases of property and equipment (36,307) (6,595)
Purchase of developed technology (77,491)
Proceeds from sale of property and equipment 181,000
Net cash provided by investing activities 67,202 (6,595)
Cash flows from financing activities:    
Net proceeds from issuance of common stock 14,598
Net borrowings under convertible notes 3,150,000
Due to Former Parent 1,687,891
Fees paid for financing costs (664,389)
Repayments under lines of credit (27,644)
Repayments under convertible notes payable – related parties (116,300)
Repayments under notes payable
Net cash provided by (used in) financing activities 2,383,909 1,660,247
Net increase (decrease) in cash and cash equivalents (2,486,171) 101,741
Cash and cash equivalents, beginning of the year 5,580,431 911,194
Cash and cash equivalents, end of the period 3,094,260 1,012,935
Supplemental disclosure of cash flow information:    
Cash paid for interest 46,492
Cash paid for income taxes
Issuance of warrants to noteholders and placement agent 4,335,611
Original issue discount 555,000
Convertible shares under notes payable $ 7,743,333