v3.20.2
Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash $ 55,347,450 $ 12,979,444
Accounts receivable (net of allowance for credit losses of $364,262 and $291,372, respectively) 5,246,521 4,455,209
Inventory, net 37,847,421 22,659,357
Prepaid expenses and other current assets 5,537,083 2,549,559
Total current assets 103,978,475 42,643,569
Property and equipment, net 4,488,922 3,340,616
Operating leases right-of-use assets, net 8,109,184 7,628,591
Deferred income taxes  
Intangible assets, net 864,219 233,280
Goodwill 21,925,084 17,798,932
Other assets 336,149 377,364
TOTAL ASSETS 139,702,033 72,022,352
Current liabilities:    
Accounts payable 11,452,252 6,024,750
Other accrued liabilities 119,810
Payroll and payroll tax liabilities 1,943,328 1,072,142
Customer deposits 2,469,581 2,503,785
Sales tax payable 901,900 533,656
Income taxes payable 1,927,805
Current maturities of operating leases liability 2,037,537 1,836,700
Current maturities of long-term debt 88,049 110,231
Total current liabilities 20,940,262 12,081,264
Operating leases liability, net of current maturities 6,307,463 5,807,266
Long-term debt, net of current maturities 189,333 242,079
Total liabilities 27,437,058 18,130,609
Commitments and contingencies
Stockholders' Equity:    
Common stock; $.001 par value; 100,000,000 shares authorized; 48,412,292 and 36,876,305 shares issued and outstanding, respectively 48,412 36,876
Additional paid-in capital 115,285,993 60,742,055
Accumulated deficit (3,069,430) (6,887,188)
Total stockholders' equity 112,264,975 53,891,743
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 139,702,033 $ 72,022,352

Source