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INCOME TAXES - Deferred taxes (Details) - USD ($) | Dec. 31, 2022 | Dec. 31, 2021
--- | --- | ---
Deferred tax assets |  |
Net operating loss carry forwards | $ 5,053,102 | $ 130,643
Accrued expenses and reserves | 713,429 | 1,298,083
Employee stock option expense |  | 958,530
Nonemployee stock option expense |  | 8,887
Inventories | 159,405 | 118,201
Deferred income - TIA contract | 15,860,880 | 18,199,768
Capital loss | 67,962 |
Interest expense limitation | 24,572 |
Deferred tax assets | 21,879,350 | 20,714,112
Deferred tax liabilities |  |
Unrealized gains/losses | (1,028,232) | (665,960)
Property, plant, and equipment | (14,049,742) | (6,182,318)
Deferred tax liabilities | (15,077,974) | (6,848,278)
Net deferred assets | 6,801,376 | 13,865,834
Valuation allowance | (282,713) | 0
Net deferred tax assets | $ 6,518,663 | $ 13,865,834

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