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CONSOLDIATED BALANCE SHEETS - USD ($)
Jun. 30, 2021
Jun. 30, 2020
Current assets    
Cash $ 14,534,211 $ 887,517
Accounts receivable, net of allowance for doubtful accounts of $57,500 and $10,000, respectively 1,277,662 165,147
Inventory 2,094,952 1,448,448
Prepaid expenses and other current assets 386,258 148,562
Total current assets 18,293,083 2,649,674
Property and equipment, net 2,832,400 1,687,273
Intangible assets, net 1,845,166 1,240,260
Goodwill 2,413,813 493,095
Deferred tax asset 1,403,591 0
Other assets 49,068 37,068
Right-of-use asset 417,443 294,835
Total other assets 8,961,481 3,752,531
Total assets 27,254,564 6,402,205
Current liabilities    
Accounts payable 1,604,723 484,333
Accrued compensation 1,020,936 195,399
Deferred revenue 485,973 473,320
Accrued liabilities 296,021 221,664
Acquisition payable 1,764,876 0
Current portion of notes payable 447,100 183,595
Convertible notes payable 0 1,500,000
Current portion of operating lease payable 199,532 461,123
Total current liabilities 5,819,161 3,519,434
Notes payable, net of current portion 0 365,350
Operating lease payable, net of current portion 217,430 338,040
Total long-term liabilities 217,430 703,390
Commitments and contingencies 0 0
Stockholders' equity    
Preferred stock, $0.001 par value, 100,000,000 shares authorized, and 500,000 and 0 shares issued and outstanding, respectively 500 0
Common stock, $0.001 par value, 100,000,000 shares authorized, and 15,262,394 and 10,222,223 shares issued and outstanding, respectively 15,262 10,223
Additional paid in capital 25,372,247 7,314,341
Accumulated deficit (4,170,036) (7,098,984)
Total stockholders' equity attributable to Grove, Inc. 21,217,973 225,580
Non-controlling interest in subsidiary 0 1,953,801
Total stockholders' equity 21,217,973 2,179,381
Total liabilities and stockholders' equity $ 27,254,564 $ 6,402,205