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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities:    
Net loss $ (4,499,995) $ (3,944,795)
Adjustments to reconcile net loss to net cash used in operations:    
Depreciation and amortization 1,067,312 1,250,299
Amortization of discount on notes payable 296,631 171,318
Stock-based compensation 359,938 351,097
Amortization of right-of-use assets 271,926 279,983
Deferred taxes (28,589) (28,613)
Gain on disposal of property and equipment 453,233 0
Changes in assets and liabilities:    
Accounts receivable 268,143 (606,781)
Inventories (525,240) (289,557)
Contract assets (79,639) (113,442)
Prepaid expenses and other current assets (227,077) (1,061,699)
Accounts payable (562,014) 548,581
Accrued expenses (263,144) (135,214)
Operating lease liabilities (273,833) (279,983)
Contract liabilities (37,331) 60,584
Assets held for sale 0 41,534
Net Cash used in Operating Activities (3,779,679) (3,756,688)
Cash Flows from Investing Activities:    
Purchases of property and equipment (612,090) (290,468)
Proceeds from the disposal of property and equipment 945,261 0
Net Cash provided by (used in) Investing Activities 333,171 (290,468)
Cash Flows from Financing Activities:    
Repayments of finance lease liabilities (1,115,153) (200,095)
Net Cash used in Financing Activities (1,115,153) (200,095)
Effect of Foreign Currency exchange on cash (370,744) 244,569
Net Change in Cash and Restricted Cash (4,932,405) (4,002,682)
Cash and Restricted Cash at Beginning of Period 10,422,181 16,597,371
Cash and Restricted Cash at End of Period 5,489,776 12,594,689
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 97,769 81,192
Cash paid for income taxes 0 0
Non-cash financing activities    
Financed purchases of property and equipment $ 83,378 $ 0