v3.24.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash $ 14,979,436 $ 29,775,096
Restricted cash 42,564
Accounts receivable, net 3,429,974 104,276
Inventory, net 2,186,646 2,173,017
Note receivable 2,000,000
Other current assets 2,967,619 1,749,613
Total current assets 23,606,239 35,802,002
Property and equipment, net 4,175,958 3,023,285
Other Assets:    
Goodwill, net of accumulated impairment charges 27,751,921 25,606,983
Intangible assets, net 31,329,182 28,863,773
Long-term equity investment 1,500,000
Lease deposits 599,517 218,206
Operating lease right of use assets 4,701,865 2,930,996
Total other assets 64,382,485 59,119,958
Total assets 92,164,682 97,945,245
Current Liabilities:    
Accounts payable 5,177,022 2,965,829
Operating lease liabilities 685,099 580,593
Accrued expenses and other current liabilities 3,587,877 3,268,993
Convertible note payable, net of debt discount and issuance cost of $1,968,411 and $2,303,664, respectively 25,692,505 15,849,445
Deferred revenue 276,944 61,508
Government grant liability 520,657
Total current liabilities 35,940,104 22,726,368
Long-Term Liabilities:    
Notes payable 300,000 300,000
Convertible notes payable, net of current, net of unamortized issuance cost of $391,718 and $948,201, respectively 2,812,156 14,198,690
Accrued interest 26,844 40,965
Government grant liability net of current 2,229,047
Operating lease liabilities, net of current 5,800,710 2,456,315
Total long-term liabilities 11,168,757 16,995,970
Total liabilities 47,108,861 39,722,338
Commitments and Contingencies (Note 14)
Temporary Equity    
Redeemable noncontrolling interest 11,920,694
Stockholders’ Equity    
Preferred stock value
Common stock - par value $0.0001; 300,000,000 and 116,666,667 shares authorized at December 31, 2023 and December 31, 2022, respectively; 61,940,878 and 44,108,661 issued and outstanding, at December 31, 2023 and December 31, 2022, respectively 6,194 4,411
Additional paid in capital 231,488,999 211,733,690
Accumulated deficit (198,360,066) (153,515,194)
Total stockholders’ equity 33,135,127 58,222,907
Total liabilities and stockholders’ equity 92,164,682 97,945,245
Series A Preferred Stock    
Stockholders’ Equity    
Preferred stock value

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