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PREPAID EXPENSES
 12 Months Ended
Dec. 31, 2021
Prepaid Expenses  
PREPAID EXPENSES

NOTE 5. PREPAID EXPENSES

 

Prepaid expenses were the following at December 31, 2021 and 2020:

 

   December 31,
2021		   December 31,
2020		 
Prepaid inventory  $6,546,100   $1,132,641 
Prepaid advertising   

2,455,527

    

—

 
Other   

727,155

    

898,052

 
Total prepaid expenses  $9,728,782   $2,030,693 

 

Prepaid expenses increased by nearly $7.7 million primarily due to a prepaid inventory purchases and additional prepaid expenses related to completed acquisitions in 2021.