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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash $ 16,254,708 $ 43,248,021
Accounts receivable-net (note 2) 38,741,049 14,986,213
Note receivable-current (note 6) 2,587,905 1,885,887
Inventories-net (note 4) 191,221,851 18,403,622
Prepaid expenses and other current assets (note 5) 13,555,037 14,626,922
Total current assets 262,360,550 93,150,665
Note receivable (note 6) 7,116,738 9,429,437
Property and equipment-net (note 8) 3,180,058 579,377
Deferred tax asset (note 14) 9,019,241 0
Right of use assets-operating leases (note 7) 1,128,151 836,038
Right of use assets-financial leases (note 7) 85,953 162,119
Long term security deposits 299,828 122,733
Intangibles (note 9) 16,301,326 16,590,083
Goodwill (note 9) 14,526,583 10,419,321
Total Assets 314,018,428 131,289,773
Current liabilities:    
Accounts payable and accrued expenses (note 10) 91,478,612 25,412,753
Lease liability obligation-operating leases (note 7) 511,764 321,283
Lease liability obligation-financial leases (note 7) 157,046 205,824
Other current liabilities (note 11) 976,072 425,232
Total current liabilities 93,123,494 26,365,092
Long-term liabilities:    
Lease liability obligation-operating leases (note 7) 657,935 514,948
Lease liability obligation-financial leases (note 7) 45,408 82,290
Deferred tax liability (note 14) 3,146,394
Total Liabilities 96,973,231 26,962,330
Stockholders’ Equity:    
Common stock, $0.001 par value; 100,000,000 shares authorized, 74,908,845 and 72,262,829 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively (note 13) 74,909 72,263
Additional paid-in capital 267,846,196 159,884,154
Accumulated other comprehensive income (loss) 613,651 (202,142)
Accumulated deficit (51,489,559) (55,426,832)
Total Stockholders’ Equity 217,045,197 104,327,443
Total Liabilities and Stockholders’ Equity $ 314,018,428 $ 131,289,773