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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows From Operating Activities:    
Net (Loss) $ (2,975,904) $ (3,256,020)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 158,128 106,794
Foreign Exchange 0 (374)
Stock issued for services 12,000 0
Accounts receivable (1,321,173) (118,482)
Inventory (4,201,955) (1,221,112)
Prepaid expenses 251,391 247,977
Accounts Payable & accrued expenses 2,229,074 (587,973)
Earn-out payable (2,547,831) (172,076)
Income tax payable (727,628) (1,084,169)
Net Cash Flows (Used In) Operating Activities (9,123,898) (6,085,435)
Cash Flows From Investing Activities:    
Reduction in right-of-use asset 92,231 97,498
Purchase of intangible assets (327,088) (19,804)
Purchase of equipment (1,554,455) (464,614)
Net Cash Flows (Used In) Investing Activities (1,789,312) (386,920)
Cash Flows From Financing Activities:    
Proceeds from public offering net (common stock) 8,522,411 4,089,218
Exercise of warrants 1,940,610 1,156
Purchase of treasury stock (3,139,651) (541,143)
Lease liability (87,852) (93,125)
Net Cash Flows Provided by Financing Activities 7,235,518 3,456,106
Cash and Cash Equivalents at Beginning of Period 16,292,347 21,826,437
Net increase (decrease) in cash and cash equivalents (3,677,692) (3,016,249)
Foreign currency translation adjustment (408,000) 35,952
Cash and Cash Equivalents at End of Period 12,206,655 18,846,140
Supplementary Disclosure of Cash Flow Information:    
Cash paid for income taxes 956,012 0
Stock issued for services $ 12,000 $ 0