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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
OPERATING ACTIVITIES    
Net loss $ (2,663,430) $ (516,593)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 422,078 261,571
Gain on investment (5,314) (11,511)
Amortization of right-of-use asset 377,216 265,601
(Gain) on debt settlement 0 (767,930)
Accrued interest on loan 0 60,809
Write-down of obsolete and slow-moving inventory 73,640 0
Stock-based compensation expense 0 34,375
Changes in operating assets and liabilities:    
Accounts receivable (2,157) (30,062)
Inventories (189,138) (157,613)
Prepaid expenses and vendor deposits 212,226 17,573
Other assets (33,941) 3,662
Accounts payable and accrued expenses 528,247 (370,577)
Contract liabilities (249,700) (2,267)
Lease liability (340,611) (230,547)
NET CASH USED IN OPERATING ACTIVITIES (1,870,884) (1,443,509)
INVESTING ACTIVITIES    
Acquisition of Mother Earth's Storehouse (5,150,000) 0
Collection of note receivable 27,122 27,696
Purchases of property and equipment (213,133) (41,965)
NET CASH USED IN INVESTING ACTIVITIES (5,336,011) (14,269)
FINANCING ACTIVITIES    
Proceeds from line of credit 35,196 0
Principal payments on loan payable (1,285) (184,970)
Principal payment on the line of credit 0 (2,000,000)
Proceeds from Rights Offering 0 24,828,657
Proceeds from loan and security agreement 0 5,000,000
Proceeds from exercise of stock options 0 227,500
NET CASH PROVIDED BY FINANCING ACTIVITIES 33,911 27,871,187
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENT AND RESTRICTED CASH (7,172,984) 26,413,409
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - BEGINNING OF PERIOD 26,496,404 2,925,475
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - END OF PERIOD 19,323,420 29,338,884
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest 2,910 26,115
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Issuance of common stock 0 1,290,260
Lease acquired $ 1,797,667 $ 0