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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash Flows from Operating Activities:    
Net Income (Loss) $ (8,571,145) $ (14,169,107)
Adjustments to reconcile net loss to net cash used in operations:    
Depreciation and amortization 3,140,779 2,585,881
Amortization of discount on convertible notes payable 400,903 2,389,128
Stock-based compensation 627,904 934,423
Change in deferred tax liability (57,539) (55,994)
Gain on lease termination 0 (147,452)
Loss on disposal of assets held for sale 439,388 0
Gain on sale of equipment (7,254) (635)
Changes in assets and liabilities:    
Accounts receivable (765,956) (460,837)
Inventory (1,045,838) 984,130
Contract assets (825,974) (460,743)
Prepaid expenses and other current assets 1,403,707 (354,307)
Accounts payable 990,538 (158,797)
Accrued expenses 639,309 (1,632,897)
Operating lease liabilities (562,948) (544,391)
Contract liabilities (282,614) (234,873)
Assets held for sale 292,822 (712,549)
Net Cash used in Operating Activities (4,183,918) (12,039,020)
Cash Flows from Investing Activities:    
Purchase of property and equipment (2,893,290) (1,690,621)
Proceeds from sale of property and equipment 7,254 635
Net Cash used in Investing Activities (2,886,036) (1,689,986)
Cash Flows from Financing Activities:    
Payments on finance lease obligation (435,343) 77,939
Proceeds from Sale and Leaseback Agreements 1,015,988 0
Payments on Convertible Note 0 (16,800,000)
Proceeds from issuance of common stock and prefunded warrants 0 24,418,612
Proceeds from issuance of Senior Promissory Notes 0 6,000,000
Net Cash Provided by Financing Activities 580,645 13,696,551
Effect of foreign currency exchange on cash 314,119 (859,554)
Net Change in Cash, Cash Equivalents and Restricted Cash (6,175,190) (892,009)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 16,597,371 17,489,380
Cash, Cash Equivalents and Restricted Cash at End of Period 10,422,181 16,597,371
Supplemental Disclosures of Cash Flow Information:    
Interest 178,872 348,575
Income Taxes 0 0
Non-cash financing activities    
Debt discount on Senior Promissory Notes $ 1,193,206 $ 695,749