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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 1,049,357 $ 456,719
Accounts receivable, net of allowance of $20,903 and $20,929 respectively 1,025,187 692,102
Inventory, net 7,240,719 6,830,593
Inventory deposits 2,833,631 3,300,388
Prepaid expenses 357,152 614,238
Other current assets 136,680 162,119
Total current assets 12,642,726 12,056,159
Property and equipment, net 309,452 320,687
Right-of-use asset 467,320 538,932
Goodwill 9,583,836 9,583,836
Other non-current assets 160,157 153,555
Total assets 23,163,491 22,653,169
Current liabilities:    
Accounts payable 960,142 760,802
Accrued liabilities 646,993 452,236
Operating lease liability - short-term 303,967 291,263
Options liability, at fair value 1,443,835 0
Convertible note, at fair value 1,027,067 0
Notes payable - current 112,518 269,245
Total current liabilities 4,494,522 1,773,546
Long-term liabilities    
Operating lease liability - long-term 155,015 235,625
Notes payable - long-term 8,857 10,420
Total liabilities 4,658,394 2,019,591
Stockholders’ equity (deficit):    
Preferred stock, 5,000,000 authorized, $0.00001 par value per share, none issued and outstanding as of March 31, 2024, and December 31, 2023 0 0
Common stock, 350,000,000 authorized, $0.00001 par value per share, 15,520,637 and 15,171,748 issued and outstanding as of March 31, 2024, and December 31, 2023, respectively 155 152
Additional paid-in capital 87,649,804 85,245,925
Accumulated deficit (69,144,862) (64,612,499)
Total stockholders’ equity 18,505,097 20,633,578
Total liabilities and stockholders’ equity $ 23,163,491 $ 22,653,169