v3.23.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 86,521,542 $ 51,089,118
Accounts receivable, net 15,505,048 28,576,857
Inventories 163,280,047 124,724,091
Prepaid expenses and other current assets 5,095,146 4,339,245
Total current assets 270,401,783 208,729,311
Property and equipment, net 58,261,481 50,935,074
Intangible assets, net 1,013,415 1,728,768
Goodwill 3,529,509 3,529,509
Right-to-use assets 10,485,447 7,262,658
Deposits and other assets 4,770,246 4,067,404
TOTAL ASSETS 348,461,881 276,252,724
Current liabilities:    
Accounts payable 13,229,390 12,429,409
Accrued expenses and other current liabilities 24,989,349 17,214,988
Current portion of deferred revenue 142,834 142,834
Current portion of lease obligations 905,369 591,084
Total current liabilities 39,266,942 30,378,315
Senior notes payable, net of discount 142,833,063 94,866,239
Deferred revenue, net of current portion 1,833,031 1,975,865
End of term fee 1,500,000 0
Lease obligations, net of current portion 10,704,176 7,462,388
Other non-current liabilities 350,454 397,351
TOTAL LIABILITIES 196,487,666 135,080,158
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred Stock, $0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding 0 0
Common Stock - voting, $0.0001 par value, 300,000,000 shares authorized, 221,816,930 and 195,813,817 shares issued and outstanding 22,182 19,581
Additional paid-in capital 629,968,704 553,265,706
Accumulated deficit (478,016,671) (412,112,721)
TOTAL STOCKHOLDERS' EQUITY 151,974,215 141,172,566
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 348,461,881 $ 276,252,724

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