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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash $ 24,193,542 $ 23,940,333
Accounts receivable 380,419
Inventories, net 894,811 135,647
Prepaid and other current assets 282,869 122,011
Notes receivable 500,000 600,000
Total current assets 26,251,641 24,797,991
Property and equipment, net 299,259 122,589
Right of use asset 1,136,742 257,363
Intangible assets, net 3,667,492 440,527
Goodwill 22,116,591 3,108,000
Other assets 25,000
Total assets 53,496,725 28,726,470
CURRENT LIABILITIES:    
Accounts payable 492,921 159,812
Accrued expenses and other liabilities 3,581,902 1,844,825
Contract liabilities 65,893 2,302
Current portion of liability related to acquisition agreement 4,578,775
Current portion of lease liability 244,826 85,895
Current portion of promissory note 102,962 89,533
Total current liabilities 9,067,279 2,182,367
Long term portion of lease liability 894,210 171,468
Long term portion of promissory note 4,477 17,906
Long term portion of liability related to acquisition agreement 5,000,000
Total liabilities 14,965,966 2,371,741
COMMITMENTS AND CONTINGENCIES (SEE NOTE 11)
STOCKHOLDERS' EQUITY:    
Preferred Stock, $0.001 par value, 25,000,000 shares authorized, 0 shares issued and outstanding at March 31, 2021 and December 31, 2020
Common Stock, $0.001 par value, 250,000,000 shares authorized, 62,500,815 and 58,636,365 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively 62,501 58,636
Additional paid-in capital 62,344,452 47,241,757
Accumulated deficit (23,876,194) (20,945,664)
Total stockholders' equity 38,530,759 26,354,729
Total liabilities and stockholders' equity $ 53,496,725 $ 28,726,470