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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 18,249,086 $ 19,757,970
Accounts receivable, net 12,218,756 13,163,681
Inventories, net 10,928,406 9,863,581
Prepaid and other current assets 2,277,885 3,084,978
Total current assets 43,674,133 45,870,210
Non-current inventories 6,694,452 7,527,167
Property and equipment, net 384,383 284,039
Intangible assets, net 28,269,781 30,590,678
Goodwill 914,000 914,000
Operating lease right-of-use assets 6,831,502 5,218,403
Other assets 2,607,109 2,520,661
Total assets 89,375,360 92,925,158
Current liabilities:    
Accounts payable 10,912,044 10,819,011
Operating lease current liabilities 320,837 172,910
Other current liabilities 15,726,206 17,587,911
Total current liabilities 26,959,087 28,579,832
Revolving line of credit 13,148,125 16,200,000
Operating lease noncurrent liabilities 5,477,040 4,586,301
Other long-term liabilities 6,954,206 7,585,019
Total liabilities 52,538,458 56,951,152
Shareholders’ equity:    
Common stock—no par value; 100,000,000 shares authorized; 15,555,865 and 15,723,075 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively 47,303,429 47,474,973
Accumulated deficit (10,144,457) (11,208,841)
Total shareholders’ equity 37,158,972 36,266,132
Noncontrolling interests (322,070) (292,126)
Total equity 36,836,902 35,974,006
Total liabilities and equity $ 89,375,360 $ 92,925,158