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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 522,487 $ 553,190
Accounts receivable, net of allowance of $645,339 and $498,261, respectively 2,164,114 3,528,992
Inventories, net of allowance of $2,471,482 and $2,491,183, respectively 9,264,408 8,736,474
Prepaid expenses and other current assets 95,928 5,921
Total current assets 12,046,937 12,824,577
Property and equipment, net 123,680 7,251
Long term accounts receivable, net of allowance of $3,594,074 and $3,355,391, respectively 2,341,559 2,182,437
Intangible assets, net 1,289,125 1,317,341
Goodwill 1,972,886 1,972,886
Total assets 17,774,187 18,304,492
Current liabilities:    
Accounts payable 4,570,421 4,461,641
Accrued expenses 3,124,761 2,898,068
Convertible notes payable - related parties 150,000 150,000
Senior secured revolving credit facility 1,912,429 2,432,770
Total current liabilities 9,757,611 9,942,479
Notes payable - related parties 200,000 200,000
Earn-out liability 11,593,832 11,593,832
Total liabilities 21,551,443 21,736,311
Commitments and contingencies
Stockholders' deficit:    
Preferred stock, $0.01 par value; 20,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.01 par value; 100,000,000 shares authorized, 72,895,793 shares issued and outstanding as of March 31, 2022 and December 31, 2021 728,958 728,958
Additional paid-in capital 1,468,266 1,455,422
Accumulated deficit (5,974,480) (5,616,199)
Total stockholders' deficit (3,777,256) (3,431,819)
Total liabilities and stockholders' deficit $ 17,774,187 $ 18,304,492