v3.25.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash $ 31,703 $ 154,666
Accounts receivable, net 76,761 128,304
Inventory 964,359 1,424,989
Prepaid expenses and other current assets 57,392 152,752
Current assets of discontinued operations 145,057
Total current assets 1,881,006 2,331,710
Property and equipment, net 176,346 264,937
Intangible assets, net 6,995,194 7,135,748
Goodwill 3,045,000 3,045,000
Deposits and other assets 66,291 98,945
Operating lease right-of-use assets 1,129,940 2,164,862
Assets of discontinued operations 4,618,025
Total other assets 11,412,771 17,327,517
Total assets 13,293,777 19,659,227
Current liabilities:    
Accounts payable 4,031,369 4,078,434
Accrued expenses 3,188,612 4,093,419
Accrued expenses, related parties 394,651 264,141
Contract liabilities 460,820 500,820
Preferred stock dividends payable 450,562
Operating lease liability, current 219,906 1,104,443
Debt, current, net of debt discounts 3,273,276 10,702,731
Debt, current – related party 29,547
Current liabilities of discontinued operations 861,358
Total current liabilities 11,598,181 22,055,908
Long-term liabilities:    
Operating lease liability, noncurrent 979,828 1,152,900
Debt, noncurrent, net of debt issuance cost 1,797,603 2,190,615
Debt, noncurrent – related party 220,543
Liabilities of discontinued operations, noncurrent 647,258
Total long-term liabilities 2,997,974 3,990,773
Total liabilities 14,596,155 26,046,681
Commitments and contingencies
Stockholders’ Deficit:    
Common Stock, $0.0001 par value, 7,936,508 shares authorized, 2,464,600 and 373,526 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 246 37
Additional paid in capital 71,472,725 61,280,662
Accumulated deficit (72,775,351) (67,668,156)
Total stockholders’ deficit (1,302,378) (6,387,454)
Total liabilities and stockholders’ deficit 13,293,777 19,659,227
Series B Preferred Stock    
Stockholders’ Deficit:    
Preferred stock, value 2 3
Series C Preferred Stock    
Stockholders’ Deficit:    
Preferred stock, value 1
Related Party    
Current assets:    
Related party receivable, net $ 750,791 $ 325,942