v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 69,504,946 $ 51,089,118
Accounts receivable, net 25,629,625 28,576,857
Inventories 139,146,311 124,724,091
Prepaid expenses and other current assets 5,519,301 4,339,245
Total current assets 239,800,183 208,729,311
Property and equipment, net 53,220,480 50,935,074
Intangible assets, net 1,549,930 1,728,768
Goodwill 3,529,509 3,529,509
Right-to-use assets 7,106,642 7,262,658
Deposits and other assets 2,825,748 4,067,404
TOTAL ASSETS 308,032,492 276,252,724
Current liabilities:    
Accounts payable 14,115,135 12,429,409
Accrued expenses and other current liabilities 16,654,540 17,214,988
Current portion of deferred revenue 142,834 142,834
Current portion of lease obligations 654,003 591,084
Total current liabilities 31,566,512 30,378,315
Senior notes payable, net of discount 138,423,052 94,866,239
Deferred revenue, net of current portion 1,940,156 1,975,865
End of term fee 1,500,000 0
Lease obligations, net of current portion 7,284,079 7,462,388
Other non-current liabilities 385,628 397,351
TOTAL LIABILITIES 181,099,427 135,080,158
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, 196,347,529 and 195,813,817 shares issued and outstanding 19,635 19,581
Additional paid-in capital 564,034,008 553,265,706
Accumulated deficit (437,120,578) (412,112,721)
TOTAL STOCKHOLDERS' EQUITY 126,933,065 141,172,566
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 308,032,492 $ 276,252,724

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