XML 15 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash $ 14,590,566 $ 23,940,333
Accounts receivable, net 2,888,879
Inventories, net 4,038,508 135,647
Prepaid and other current assets 1,292,570 122,011
Notes receivable 185,000 600,000
Total current assets 22,995,523 24,797,991
Property and equipment, net 952,128 122,589
Right of use asset 2,019,745 257,363
Intangible assets, net 13,565,494 440,527
Goodwill 64,867,282 3,108,000
Other assets 282,869
Total assets 104,683,041 28,726,470
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 2,526,829 159,812
Accrued expenses 1,901,641 1,844,825
Contract liabilities 971,140 2,302
Current portion of liabilities related to acquisition agreements 10,061,501
Current portion of lease liabilities 1,235,977 85,895
Current portion of COVID loans 451,889 89,533
Total current liabilities 17,148,977 2,182,367
Long term portion of liabilities related to acquisition agreements 8,875,000
Long term portion of lease liabilities 942,404 171,468
Long term portion of COVID loans 808,021 17,906
Defined benefit plan obligation 331,726
Total liabilities 28,106,128 2,371,741
Preferred Stock, $0.001 par value, 25,000,000 shares authorized, no shares issued and outstanding as of December 31, 2021 and 2020, respectively
Common Stock, $0.001 par value, 250,000,000 shares authorized, 75,314,988 and 58,636,365 shares issued and outstanding as of December 31, 2021 and 2020, respectively 75,315 58,636
Additional paid-in capital 127,626,536 47,241,757
Accumulated deficit (51,054,344) (20,945,664)
Accumulated other comprehensive loss (70,594)
Total stockholders’ equity 76,576,913 26,354,729
Total liabilities and stockholders’ equity $ 104,683,041 $ 28,726,470