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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operations    
Net income $ 9,812,792 $ 7,267,785
Adjustments to reconcile net income to net cash provided by operations:    
Depreciation, amortization, and other 1,106,427 637,307
Bad debt expense 73,418 28,532
Gain on forgiveness of Federal Loan 0 (1,668,200)
Write-off of note receivables and accrued interest receivable 0 949,174
Changes in operating assets and liabilities:    
Trade receivables (97,994) (2,871,070)
Inventories (4,014,627) (2,647,432)
Prepaid expenses (1,213,187) (886,591)
Intangible Assets (15,300) 0
Other assets 311,420 (417,347)
Accounts payable and accrued expenses 1,924,658 100,952
Operating leases 24,123 21,737
Customer deposits and other liabilities (186,590) 511,610
Net cash provided by operations 7,725,140 1,026,457
Investing    
Investment in note receivable 0 (300,000)
Purchase of property and equipment (227,197) (3,064,277)
Acquisition of CExchange assets and liabilities, net of cash acquired 0 13,136
Adjustment to the purchase price of the Avail Transaction (216,988) 0
Net cash used in investing (444,185) (3,351,141)
Financing    
Payments on notes payable, related party 0 (218,820)
Payments on notes payable (750,347) (123,352)
Proceeds from notes to purchase property 0 1,772,000
Payments on line of credit (1,700,000) 0
Net cash provided by (used in) financing (2,450,347) 1,429,828
Net change in cash and cash equivalents 4,830,608 (894,856)
Cash and cash equivalents, beginning of period 10,138,148 9,218,036
Cash and cash equivalents, end of period 14,968,756 8,323,180
Cash paid during the period for:    
Interest 372,819 541,863
Income taxes 133,000 86,000
Non cash activites:    
Acquisition of CExchange assets and liabilities 0 1,555,892
Adjustment to the Avail Transaction purchase price allocation $ 2,736,000 $ 0