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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 18,507,965 $ 19,757,970
Accounts receivable, net 12,620,120 13,163,681
Inventories, net 8,670,548 9,863,581
Prepaid and other current assets 1,971,164 3,084,978
Total current assets 41,769,797 45,870,210
Non-current inventories 8,301,845 7,527,167
Property and equipment, net 377,439 284,039
Intangible assets, net 27,121,070 30,590,678
Goodwill 914,000 914,000
Operating lease right-of-use assets 6,711,155 5,218,403
Other assets 2,555,638 2,520,661
Total assets 87,750,944 92,925,158
Current liabilities:    
Accounts payable 10,818,045 10,819,011
Operating lease current liabilities 334,288 172,910
Other current liabilities 16,175,937 17,587,911
Total current liabilities 27,328,270 28,579,832
Revolving line of credit 12,923,125 16,200,000
Operating lease noncurrent liabilities 5,388,900 4,586,301
Other long-term liabilities 6,455,091 7,585,019
Total liabilities 52,095,386 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 47,185,304 47,474,973
Accumulated deficit (11,193,755) (11,208,841)
Total shareholders’ equity 35,991,549 36,266,132
Noncontrolling interests (335,991) (292,126)
Total equity 35,655,558 35,974,006
Total liabilities and equity $ 87,750,944 $ 92,925,158