v3.22.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash Flows from Operating Activities:    
Net loss $ (4,852,898) $ (18,701)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation 4,096,895 3,593,354
Deferred income tax benefit (921,711)
Share based compensation expense 686,841 1,321,428
Amortization of right-of-use asset 194,526
Changes in operating assets and liabilities:    
Accounts receivable (361,771) (501,531)
Inventory 370,281 (1,440,606)
Prepaid expenses and other current assets (1,220,904) 1,252,952
Accounts payable (5,132,693) (32,202)
Customer deposits (4,669,856) 3,351,055
Accrued expenses 446,498 1,024,590
Operating lease liabilities (194,526)  
Other current liabilities (703,718) 500,584
Net cash (used in) provided by operating activities (12,263,036) 9,050,923
Cash Flows from Investing Activities:    
Purchase of property and equipment (45,360) (283,786)
Website and software development costs (3,577,764) (3,611,451)
Net cash used in investing activities (3,623,124) (3,895,237)
Cash Flows from Financing Activities:    
Principal paid on notes payable (10,473)
Net cash used in financing activities (10,473)
Net change in cash (15,886,160) 5,145,213
Cash, beginning of period 23,203,230 22,202,706
Cash, end of period 7,317,070 27,347,919
Supplemental disclosure of cash flows information:    
Cash paid for interest 6,885
Cash paid for income taxes $ 2,608 $ 4,000

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