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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 1,626,730 $ 2,880,254
Accounts receivable, net 469,904 327,200
Inventories, net of allowance of $1,047,830 and $292,990, respectively 1,086,741 972,695
Deferred financing costs 65,000 4,258,515
Prepaid expenses and other current assets 579,244 46,737
Total current assets 3,827,619 8,485,401
Property and equipment, net 4,763,058 3,771,849
Construction in progress 59,672 188,912
Right-of-use assets 410,188 641,651
Other assets 34,359 34,359
TOTAL ASSETS 9,094,896 13,122,172
Current liabilities    
Accounts payable 4,184,347 4,456,587
Accrued expenses 1,669,842 2,312,118
Current portion of operating lease liability 366,033 343,049
Contract liabilities 230,075 178,750
Convertible notes payable 0 7,300,000
Total current liabilities 6,450,297 14,590,504
Operating lease liability 95,409 373,907
Convertible notes payable, noncurrent 6,713,241 0
Warrant liabilities 334,216 0
TOTAL LIABILITIES 13,593,163 14,964,411
Commitments and Contingencies (Note 6)
Stockholders' Equity (Deficit)    
Convertible preferred stock, $0.0001 par value; 50,000,000 shares authorized; 3,038,905 and 23,237,703 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 304 4,040
Common stock, $0.0001 par value; 250,000,000 shares authorized; 35,554,624 and 5,556,857 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 3,555 1,077
Additional paid-in capital 72,649,712 59,344,952
Accumulated deficit (77,151,838) (61,192,308)
Total Stockholders' Equity (Deficit) (4,498,267) (1,842,239)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 9,094,896 $ 13,122,172