INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of income loss before the provision for income tax

	2023			2022
Pre-tax loss
U.S. Federal	$	(256,824,000	)	$	(189,899,000	)
Foreign		867,000			(4,419,000	)
Total	$	(255,957,000	)	$	(194,318,000	)

Schedule of deferred tax assets

	2023			2022
Deferred tax asset:
Allowance for doubtful accounts	$	315,000		$	439,000
Unrealized losses		13,859,000			11,082,000
Obsolete inventory		1,996,000			2,816,000
Stock compensation		13,383,000			3,581,000
Other carryforwards		311,000			317,000
Net operating loss carryforwards		94,899,000			17,878,000
Lease liability		1,224,000			1,979,000
Impairment		29,702,000			22,822,000
Accrued expenses		2,360,000			3,648,000
Interest expense		14,713,000			8,668,000
Outside basis difference		9,308,000			-
Other		2,095,000			404,000
Total deferred tax asset		184,165,000			73,634,000
Deferred tax liability:
Right-of-use assets		(1,112,000	)		(1,865,000	)
Fixed assets, net		(15,289,000	)		(1,575,000	)
Intangible assets, net		42,000			(6,638,000	)
Bargain gain/loss		-			(225,000	)
Total deferred income tax liabilities		(16,359,000	)		(10,303,000	)
Net deferred income tax assets		167,806,000			63,331,000
Valuation allowance		(167,806,000	)		(63,304,000	)
Deferred tax asset (liability), net		-		$	27,000

Schedule of reconciliation of income tax attributable to operations

	2023			2022
Current
U.S. Federal	$	221,000		$	244,000
U.S. State		(99,000	)		143,000
Foreign		188,000			132,000
Total current provision		310,000			519,000
Deferred
U.S. Federal		0			(4,977,000	)
U.S. State		27,000			(27,000	)
Foreign		0			0
Total deferred provision (benefit)		27,000			(5,004,000	)
Total provision (benefit) for income taxes	$	337,000		$	(4,485,000	)

Schedule of effective income tax rate reconciliation

	2023			2022
Expected federal income tax benefit		21.0	%		21.0	%
State taxes net of federal benefit		-1.1	%		7.3	%
Effect of change in valuation allowance		-15.8	%		-22.1	%
Permanent differences		1.0	%		-1.0	%
Goodwill impairment		-2.3	%		-1.4	%
IRC Section 162(m) compensation limitation		0.0	%		-0.3	%
Excess tax benefit - windfall/(shortfall)		-0.2	%		-0.2	%
Guarantee loss		-2.9	%		-
Other		0.2	%		-0.9	%
Income tax benefit		-0.1	%		2.3	%