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Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 1,130,947 $ 2,734,485
Accounts receivable, net of allowance for credit losses 3,895,177 1,508,239
Costs and estimated earnings in excess of billings 3,291,875 1,306,762
Inventory, net 7,170,766 5,508,086
Vendor deposits 451,989 75,548
Prepaid expense and other current assets 1,083,172 1,187,223
Total Current Assets 17,023,926 12,320,343
Property and equipment, net of accumulated depreciation 1,377,273 1,133,468
Other assets 61,500 153,000
Goodwill 14,654,067 3,722,077
Other intangible assets, net of accumulated amortization 22,291,654 11,354,430
Right of use assets 2,977,811 4,044,109
Total Assets 58,386,231 32,727,427
Current Liabilities    
Accounts payable and accrued expenses 9,157,841 2,982,760
Contingent consideration 9,757,969
Deferred revenue 6,371,570 4,730,299
Due to landlord (Note 2) 302,372 229,234
Warrant liability 7,249 9,987
Financing lease obligations 42,445 33,712
Operating lease liability 1,741,472 1,437,308
Officer loan 200,000
Notes payable, net 290,505 2,098,685
Total Current Liabilities 27,871,423 11,521,985
Long-Term Liabilities    
Due to landlord - less current portion (Note 2) 90,857 393,230
Notes payable, net - less current portion 4,095,093 765,144
Financing lease obligations - less current portion 133,189 158,070
Operating lease liability - less current portion 1,312,050 2,655,103
Total Long-Term Liabilities 5,631,189 3,971,547
Total Liabilities 33,502,612 15,493,532
Redeemable Preferred Stock    
Redeemable Preferred Stock 4,776,489
Equity    
Common Stock $0.0001 par value, 26,000,000 shares authorized 1,678,855 shares issued and 1,677,947 outstanding as of December 31, 2023 and 109,411 shares issued and 108,503 outstanding as of December 31, 2022, respectively 168 11
Additional paid-in capital 63,316,938 45,621,027
Treasury stock at cost, 908 shares, as of December 31 2023 and 2022 (149,686) (149,686)
Accumulated deficit (43,060,346) (28,237,513)
Total Equity 20,107,130 17,233,895
Total Liabilities, Redeemable Preferred Stock and Stockholders’ Equity 58,386,231 32,727,427
Series B Redeemable Preferred Stock    
Redeemable Preferred Stock    
Redeemable Preferred Stock 3,712,500
Series C Redeemable Preferred Stock    
Redeemable Preferred Stock    
Redeemable Preferred Stock 1,063,989
Series A Preferred Stock    
Equity    
Preferred Stock, Value 55 55
Series X Preferred Stock    
Equity    
Preferred Stock, Value $ 1 $ 1