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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 628,395 $ 38,537
Accounts receivable, net 23,440,650 7,348,945
Accounts receivable - related party 3,468,564 1,919,043
Marketable securities 222,792 238,940
Inventory 3,292,557 3,474,220
Prepaid expenses and other current assets 5,148,441 1,553,436
Prepaid expenses and other current assets - related party 3,468,653 5,940,124
Operating lease right-of-use asset 833,763 498,180
Financing lease right-of-use asset 269,131 167,310
TOTAL CURRENT ASSETS 40,772,946 21,178,735
Property and equipment, net 1,757,213 1,734,781
Goodwill and intangible assets, net 230,506 263,681
Other assets 905,318 702,439
Deferred tax assets 178,430 0
TOTAL ASSETS 43,844,413 23,879,636
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 11,973,981 7,761,517
Accounts payable and accrued expenses - related party 1,733 240,302
Accrued interest 742,374 800,164
Customer advances 22,340 247,318
Convertible notes payable, net of unamortized discount of $494,973 and $29,509, respectively 952,027 1,470,491
Derivative liability - convertible note 460,728 0
Notes payable 12,042,712 12,029,724
Notes payable - related party 501,675 1,375,532
Lines of credit 5,076,684 2,750,992
Loans payable - related party 1,629,246 1,026,264
Taxes payable 760,446 175,939
Operating lease liability, current portion 200,204 139,556
Financing lease liability, current portion 89,926 58,185
Other current liabilities 339,000 165,271
TOTAL CURRENT LIABILITIES 34,793,076 28,241,255
Share settled debt obligation 1,554,590 1,554,590
Notes payable - long term portion 10,771,882 0
Operating lease liability, net of current portion 590,538 353,024
Financing lease liability, net of current portion 188,172 82,523
Other liabilities 107,168 109,073
TOTAL LIABILITIES 48,005,426 30,340,465
Commitments and Contingencies (see Note 12) 0 0
STOCKHOLDERS' DEFICIT:    
Preferred stock, $0.001 par value; 100,000,000 shares authorized; 0 shares issued and outstanding as of December 31, 2020 and 2019, respectively 0 0
Common stock, $0.001 par value; 300,000,000 shares authorized; 13,485,128 and 13,225,587 shares issued and 13,069,800 and 12,860,059 outstanding as of December 31, 2020 and 2019, respectively 13,484 13,225
Additional paid-in capital 14,333,285 13,525,749
Treasury stock, 415,328 and 365,328 shares as of December 31, 2020 and 2019, respectively (611,854) (411,854)
Accumulated deficit (18,750,824) (19,571,610)
Accumulated other comprehensive loss 854,896 (16,339)
TOTAL STOCKHOLDERS' DEFICIT (4,161,013) (6,460,829)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 43,844,413 $ 23,879,636