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Nature of Operations and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the balance sheet.

 

June 30,
2023

 

 

December 31,
2022

 

Cash and cash equivalents

 

$

10,476,770

 

 

$

17,710,277

 

Restricted cash

 

 

99,525

 

 

 

99,525

 

Total cash, cash equivalents, and restricted cash

 

$

10,576,295

 

 

$

17,809,802

 

Schedule of Inventory, Current The following table presents the components of inventory, net of reserves, as of:

 

 

June 30,
2023

 

 

December 31,
2022

 

Raw materials and packaging

 

$

2,674,183

 

 

$

3,764,804

 

Finished goods

 

 

3,183,102

 

 

 

1,931,761

 

Total inventory, net

 

$

5,857,285

 

 

$

5,696,565