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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 505,989 $ 553,190
Accounts receivable, net of allowance of $392,135 and $498,261, respectively 2,625,949 3,528,992
Inventories 9,850,682 8,736,474
Prepaid expenses and other current assets 33,712 5,921
Total current assets 13,016,332 12,824,577
Property and equipment, net 399,948 7,251
Long term accounts receivable, net of allowance of $3,937,568 and $3,355,391, respectively 2,570,554 2,182,437
Intangible assets, net 1,223,695 1,317,341
Goodwill 1,972,886 1,972,886
Total assets 19,183,415 18,304,492
Current liabilities:    
Accounts payable 4,822,278 4,461,641
Accrued expenses 4,244,400 2,898,068
Convertible notes payable - related parties 150,000 150,000
Notes payable - related parties 200,000 200,000
Senior secured revolving credit facility 2,044,606 2,432,770
Total current liabilities 11,461,284 10,142,479
Earn-out liability 11,593,832 11,593,832
Total liabilities 23,055,116 21,736,311
Commitments and contingencies
Stockholders' equity (accumulated 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 June 30, 2022 and December 31, 2021 728,958 728,958
Additional paid-in capital 1,476,516 1,455,422
Accumulated deficit (6,077,175) (5,616,199)
Total stockholders' equity (accumulated deficit) (3,871,701) (3,431,819)
Total liabilities and stockholders' equity (accumulated deficit) $ 19,183,415 $ 18,304,492