General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Balance Sheets

v3.21.4
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS      
Cash and cash equivalent $ 13,389,570 $ 591,634 $ 57,053
Accounts receivable, net 4,496,715 679,061 1,079,166
Inventory, net 5,514,530 3,373,033 1,763,880
Prepaid media spend 650,000 249,000
Prepaid expenses and other current assets 2,788,263 529,230 959,310
Total current assets 26,839,078 5,421,958 3,859,409
Property and equipment, net 6,668,675 6,845,132 7,135,569
Goodwill 8,450,000 8,450,000 8,450,000
Intangible asset, net 4,664,942 4,962,834
Prepaid media spend, net of current portion 268,295 498,662
Other assets 34,800 58,545
TOTAL ASSETS 46,925,790 26,237,131 19,444,978
CURRENT LIABILITIES      
Accounts payable 3,482,170 3,839,384 3,109,460
Accrued expenses 687,934 1,710,384 1,427,658
Line of credit 3,500,000 3,500,000 3,500,000
Current portion of long-term debt 3,445,495 22,649,995 2,558,122
Total current liabilities 11,115,599 31,699,763 10,595,240
Long-term debt, net of current portion 154,335 3,874,235 14,664,216
Financing obligation - related party operating lease 7,500,000  
Warrant liability 167,875  
TOTAL LIABILITIES 18,937,809 35,573,998 25,259,456
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY (DEFICIT)      
Preferred stock - $0.0001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding  
Common stock    
Additional paid-in-capital 100,140,208 42,783,367  
Accumulated deficit (72,154,199) (52,121,249)  
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT) 27,987,981 (9,336,867) (5,814,478)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) 46,925,790 26,237,131 $ 19,444,978
Common Class A [Member]      
STOCKHOLDERS’ EQUITY (DEFICIT)      
Common stock 822  
Class V Common Stock [Member]      
STOCKHOLDERS’ EQUITY (DEFICIT)      
Common stock $ 1,150 $ 1,015