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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash $ 5,732,483 $ 6,051,713
Restricted cash 5,326 121,636
Lease receivables, net 41,421,040 35,540,043
Loan receivables at fair value 31,679,882 32,932,504
Prepaid expenses and other assets 2,839,591 3,489,136
Lease merchandise, net 23,596,608 31,550,441
Total current assets 105,274,930 109,685,473
Property and equipment, net 9,011,047 8,086,862
Right of use asset, net 1,281,918 1,406,270
Intangible assets, net 13,833,595 15,162,349
Other assets, net 1,809,511 1,934,728
Deferred tax asset, net 13,206,051 12,013,828
Total assets 144,417,052 148,289,510
CURRENT LIABILITIES:    
Accounts payable 4,010,544 6,511,943
Accrued payroll and related taxes 603,838 310,820
Accrued expenses 2,834,954 3,988,093
Lease liability - current portion 236,628 208,001
Total current liabilities 7,877,973 12,228,312
Loan payable under credit agreement to beneficial shareholder, net of unamortized issuance costs of $141,148 at September 30, 2023 and $352,252 at December 31, 2022 86,063,852 80,847,748
Promissory notes to related parties, net of unamortized issuance costs of $764,651 at September 30, 2023 and $0 at December 31, 2022 and net of current portion 9,985,349 10,750,000
Promissory note related to acquisition, net of discount of $987,313 at September 30, 2023 and $1,165,027 at December 31, 2022 3,191,272 3,158,471
Loan payable under Basepoint credit agreement, net of unamortized issuance costs of $102,580 at September 30, 2023 7,310,025
Purchase consideration payable related to acquisition 8,703,684
Lease liabilities, net of current portion 1,386,769 1,566,622
Total liabilities 115,815,240 117,254,837
STOCKHOLDERS’ EQUITY    
Common stock, $0.0001 par value - authorized 40,000,000 shares, issued and outstanding 21,752,304 shares at September 30, 2023 and 21,750,804 shares at December 31, 2022 2,176 2,176
Treasury shares, at cost – 100,775 shares at September 30, 2023 (100,225)
Additional paid in capital 42,074,553 39,819,420
Accumulated deficit (36,178,352) (31,590,583)
Total stockholders’ equity 28,601,812 31,034,673
Total liabilities and stockholders' equity 144,417,052 148,289,510
Series 1 Convertible Preferred Stock    
STOCKHOLDERS’ EQUITY    
Convertible preferred stock value 851,660 851,660
Series 2 Convertible Preferred Stock    
STOCKHOLDERS’ EQUITY    
Convertible preferred stock value 21,952,000 21,952,000
Related Party    
CURRENT LIABILITIES:    
Promissory notes to related parties, including accrued interest $ 192,009 $ 1,209,455