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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Loss $ (8,942,907) $ (10,354,615)
Less: (Income) Loss from Discontinued Operations (71,701) 164,861
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Stock Based Compensation 69,294 372,118
Provision for Excess and Obsolete Inventory (7,421)
Variable Consideration of Receivable from Fagron 440,000
Excess of March 2023 Warrant Fair Value over Offering Proceeds 2,476,109
Change in Fair Value of Warrant Liability (2,205) (9,387)
Cash Payments in Excess of Lease Expense (6,801) (4,027)
Depreciation Expense 109,470 344,155
Change in Operating Assets and Liabilities:    
Accounts Receivable 1,054,058 (784,524)
Inventories 574,420 394,030
Prepaid Expenses and Other Current & Non-current Assets 1,133,743 371,905
Accounts Payable 1,778,241 1,171,894
Product Recall Liability (175,654)
PPP2 Loan Contingent Loss Liability 1,850,000
Deferred Revenue (6,945) (25,000)
Accrued Other Expenses and Bonuses 594,501 (638,905)
Net Cash Used in Operating Activities of Continuing Operations (1,416,377) (6,714,916)
Net Cash Used in Operating Activities in Discontinued Operations (131,161) (270,820)
Net Cash Used in Operating Activities (1,547,538) (6,985,736)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of Equipment (26,928)
Proceeds from Receivable from Fagron 9,778 1,559,640
Net Cash Provided by Investing Activities of Continuing Operations 9,778 1,532,712
Net Cash Provided by Investing Activities of Discontinued Operations 832,000
Net Cash Provided by Investing Activities 841,778 1,532,712
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from March 2023 Offering related to Common Stock Warrant 2,099,862
Proceeds from March 2023 Offering related to Prefunded Warrant 899,388
March 2023 Offering Issuance Costs (275,000)
Net Cash Provided by Financing Activities of Continuing Operations 2,724,250
Net Cash Provided by Financing Activities of Discontinued Operations
Net Cash Provided by Financing Activities 2,724,250
Increase (Decrease) in Cash and Cash Equivalents and Restricted Cash 2,018,490 (5,453,024)
Cash and Cash Equivalents and Restricted Cash:    
Beginning Balance 1,111,432 23,250,793
Increase in Cash and Restricted Cash from Discontinued Operations
Ending Balance 3,129,922 17,797,769
RECONCILIATION OF CASH & CASH EQUIVALENTS AND RESTRICTED CASH    
Cash & Cash Equivalents 3,099,843 17,767,735
Restricted Cash $ 30,079 $ 30,034