v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and Cash Equivalents $ 1,504,297 $ 1,767,123
Prepaid Expenses 175,237 348,667
Accounts Receivable, net of allowance of $1,207,367 in 2026 and $1,269,590 in 2025 2,915,373 2,531,524
Inventory, net of allowance of $6,596,096 in 2026 and $0 in 2025 3,459,768 10,957,823
Current Portion of Settlement Asset and Receivables 25,000 24,910
Assets Held for Sale 1,294,211 0
Other Current Assets 5,939 61,000
Total Current Assets 9,379,826 15,691,047
Investment in Bendistillery 0 99,800
Net Deferred Tax Asset 1,145,302 269,802
Fixed Assets, less accumulated depreciation of $1,690,642 in 2026 and $1,608,543 in 2025 643,021 2,273,377
Security and State Licensing Deposits and Bonds 53,830 50,183
Operating Lease Right-of-Use Asset, net of Right-of-Use Asset Amortization of $591,243 in 2026 and $457,742 in 2025 804,929 888,339
Total Assets 12,026,907 19,272,548
Current Liabilities    
Operating Lease Liability 300,219 257,708
Deferred Revenue 335,984 1,380,049
Income Tax Payable 206,754 155,184
Accounts Payable and Accrued Expenses 2,757,476 3,326,650
Accounts Payable - Related Party 4,962 5,304
Note Payable - Related Party 0 3,846
Preferred Stock Dividends Payable 6,318 7,124
Notes Payable to Surety Bank 31,923 22,282
Interest Payable to Surety Bank 3,949 4,264
Total Current Liabilities 3,647,586 5,162,410
Non-Current Liabilities    
Operating Lease Liability 555,444 680,280
Notes Payable to Surety Bank 796,551 797,597
Total Non-Current Liabilities 1,351,994 1,477,877
Total Liabilities 4,999,580 6,640,288
Commitments and Contingencies 0 0
Shareholders' Equity    
Common Stock, $0.001 par value; 100,000,000 shares authorized, and:14,822,678 shares issued and outstanding at June 30, 2026 14,822,678 shares issued and outstanding at December 31, 2025 14,823 14,823
Additional Paid-in Capital 40,986,553 40,986,553
142,000 shares of Deferred Contingent Stock issuable upon instruction by the respective Deferred Contingent Stock Recipients at June 30, 2026 and December 31, 2025 470,730 470,730
Accumulated Deficit (34,444,821) (28,839,889)
Total Shareholders' Equity 7,027,327 12,632,260
Total Liabilities and Shareholders' Equity 12,026,907 19,272,548
Series A Convertible Preferred Stock [Member]    
Shareholders' Equity    
Preferred stock value 3 3
Series B Convertible Preferred Stock [Member]    
Shareholders' Equity    
Preferred stock value $ 40 $ 40