XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 4,820,970 $ 5,327,016
Accounts receivable, net 4,965,381 4,307,726
Inventory, net 3,134,237 2,973,134
Other current assets 519,624 287,528
Assets held for sale 5,941,933 649,884
Current assets - discontinued operations 0 95,861
Total current assets 19,382,145 13,641,149
Property and equipment, net 1,227,880 7,000,015
Right of use assets, operating leases, net 15,779 28,519
Right of use assets, finance leases, net 364,379 436,403
Tradenames and other unamortizable intangible assets 217,000 217,000
Total assets 21,207,183 21,323,086
Current liabilities    
Accounts payable and accrued liabilities 4,090,153 6,252,951
Accrued separation costs, related parties, current portion 334,532 463,911
Accrued interest 91,251 95,942
Deferred revenue 886,787 1,312,837
Stock appreciation rights liability 731,181 255,020
Notes payable - current portion 125,259 121,041
Lease liability - operating leases, current 14,898 17,131
Lease liability - finance leases, current 151,984 115,738
Current liabilities - discontinued operations 0 6,422
Total current liabilities 6,426,045 8,640,993
Note payable, net of discount 8,436,849 8,855,000
Accrued separation costs, related parties, non-current 541,025 791,025
Lease liability - operating leases, non-current 881 11,388
Lease liability - finance leases, non-current 46,942 219,266
Total liabilities 15,451,742 18,517,672
Commitments & Contingencies (see Note 18) 0 0
Stockholders' equity    
Common stock: $0.0001 par value; 500,000,000 shares authorized; 53,977,782 and 52,538,100 shares issued, and 51,133,485 and 49,714,929 shares outstanding at September 30, 2024 and December 31, 2023, respectively 5,395 5,251
Additional paid-in capital 43,055,316 42,762,811
Treasury stock: 2,644,297 and 2,623,171 shares outstanding at September 30, 2024 and December 31, 2023, respectively (1,141,372) (1,141,370)
Accumulated deficit (36,163,898) (38,821,278)
Total stockholders' equity 5,755,441 2,805,414
Total liabilities and stockholders' equity $ 21,207,183 $ 21,323,086