v3.22.2.2
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 4,720,750 $ 5,572,199
Restricted cash 236,250 0
Accounts receivable 1,119,494 25,585
Inventory 2,533,317 2,209,015
Inventory deposits 926,251 1,981,397
Prepaid expenses and other current assets 1,318,407 1,092,860
Total current assets 10,854,469 10,881,057
Long term assets:    
Property and equipment, net 943,375 809,734
Intangible assets, net 8,719 18,053
Other long-term assets 274,823 732,810
Right of use assets - operating leases 800,843 2,182,612
Total assets 12,882,229 14,624,265
Current liabilities:    
Accounts payable 1,357,879 1,454,103
Accrued liabilities 1,339,478 771,631
Accrued purchase commitments 1,199,524 1,506,976
Current portion of notes payable 17,920 17,201
Right of use operating lease liabilities, short term 301,146 456,207
Customer deposits 2,221 2,277,607
Total current liabilities 4,218,168 6,483,725
Notes payable, net of current portion 59,642 68,785
Right of use operating lease liabilities, long term 509,925 1,767,506
Total liabilities 4,787,735 8,320,017
COMMITMENTS AND CONTINGENCIES
Stockholders' equity:    
Preferred stock: $0.00001 par value, 5,000,000 shares authorized, 2,900,000 shares designated no shares outstanding 0 0
Common stock: $0.00001 par value, 100,000,000 shares authorized, 24,335,922 shares issued and outstanding as of June 30, 2022, 17,309,187 issued and outstanding as of December 31, 2021 197 128
Additional paid-in capital 68,132,627 47,803,643
Accumulated deficit (60,038,330) (41,499,522)
Total stockholders’ equity 8,094,494 6,304,249
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 12,882,229 $ 14,624,265

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