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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 19,541,538 $ 27,040,816
Accounts receivable, net 15,232,697 6,877,346
Inventories, net 10,647,529 8,429,882
Prepaid and other current assets 3,738,842 3,339,969
Total current assets 49,160,606 45,688,013
Non-current inventories 7,497,356 9,048,567
Property and equipment, net 490,826 442,635
Intangible assets, net 29,048,043 23,954,475
Goodwill 1,932,876 882,000
Operating lease right-of-use assets 219,850 1,024,200
Other assets 2,426,996 3,419,908
Total assets 90,776,553 84,459,798
Current liabilities:    
Accounts payable 11,510,756 9,640,980
Operating lease current liabilities 229,605 969,677
Other current liabilities 13,565,862 8,668,303
Total current liabilities 25,306,223 19,278,960
Revolving line of credit 17,700,000 15,000,000
Operating lease noncurrent liabilities 0 90,016
Other long-term liabilities 9,279,208 7,488,844
Total liabilities 52,285,431 41,857,820
Commitments and contingencies
Shareholders’ equity:    
Common stock—no par value; 100,000,000 shares authorized; 15,555,865 and 15,723,075 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively 47,532,375 48,452,906
Retained earnings (deficit) (8,768,112) (5,638,600)
Total shareholders’ equity 38,764,263 42,814,306
Noncontrolling interests (273,141) (212,328)
Total equity 38,491,122 42,601,978
Total liabilities and equity $ 90,776,553 $ 84,459,798