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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities:    
Net loss $ (7,340,521) $ (5,359,025)
Adjustments to reconcile net loss to net cash provided used in operations:    
Depreciation and amortization 1,621,898 1,906,052
Amortization of discount on notes payable 453,619 257,765
Stock-based compensation 521,791 494,292
Amortization of right-of-use assets 439,963 423,587
Deferred taxes (38,650) (43,093)
Loss on disposal of property and equipment 457,329 0
Changes in assets and liabilities:    
Accounts receivable 867,035 (1,632,953)
Inventory (901,122) (545,083)
Contract assets 383,835 (640,098)
Prepaid expenses and other current assets (87,721) 405,001
Accounts payable (736,726) 877,608
Accrued expenses (538,387) 1,081,572
Operating lease liabilities (442,519) (423,587)
Contract liabilities (188,266) (105,671)
Assets held for sale 0 329,969
Net Cash used in Operating Activities (5,528,442) (2,973,664)
Cash Flows from Investing Activities:    
Purchase of property and equipment (977,432) (2,261,131)
Proceeds from the disposal of property and equipment 948,665 0
Net Cash used in Investing Activities (28,767) (2,261,131)
Cash Flows from Financing Activities:    
Repayments of finance lease liabilities (1,233,103) (299,980)
Proceeds from sale and leaseback agreement 0 1,018,307
Proceeds from issuance of common stock and prefunded warrants 1,107,385 0
Net Cash provided by (used in) Financing Activities (125,718) 718,327
Effect of Foreign Currency exchange on cash (203,988) (247,943)
Net Change in Cash and Restricted Cash (5,886,915) (4,764,411)
Cash and Restricted Cash at Beginning of Period 10,422,181 16,597,370
Cash and Restricted Cash at End of Period 4,535,266 11,832,959
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 131,380 117,648
Cash paid for income taxes 0 0
Non-cash financing activities    
Financed purchases of property and equipment $ 83,825 $ 0