Quarterly report pursuant to Section 13 or 15(d)

INCOME TAXES (Details - Deferred tax assets and liabilities)

v3.24.3
INCOME TAXES (Details - Deferred tax assets and liabilities) - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Deferred tax assets    
Net operating losses $ 23,910,910 $ 15,468,757
Debt basis difference 0 5,121,397
Depreciation and amortization 1,695,242 1,701,768
Research & development credit 1,099,535 1,099,535
Lease liability 184,753 246,704
Stock-based compensation 0 3,235,732
Inventory 0 152,749
Accrued expenses 98,713 66,909
Capital loss carryover 176,949 176,950
Dealer rebates 0 459,713
Vendor settlements and reserves 452,824 0
Other 27,308 21,828
Total 27,646,234 27,752,042
Valuation allowance (27,389,592) (27,171,016)
Net deferred tax asset 256,642 581,026
Deferred tax liabilities    
Prepaid expenses (79,992) (342,421)
Right-of-use assets (176,650) (238,605)
Total net deferred taxes deferred tax liabilities $ 0 $ 0