Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.22.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
SALES, net $ 7,420,554 $ 6,834,475
COST OF GOODS SOLD (exclusive of depreciation shown separately below) 6,296,626 4,156,649
GROSS MARGIN 1,123,928 2,677,826
OPERATING EXPENSES    
Selling expenses 4,026,055 6,453,292
Operating Expense 1,230,384 1,059,785
Salaries and wages 2,585,899 1,401,646
Depreciation and amortization expense 444,366 394,848
Loss on disposal of fixed assets   1,076
Total operating expenses 8,286,704 9,310,647
OPERATING LOSS (7,162,776) (6,632,821)
OTHER (EXPENSE) INCOME    
Interest expense (188,494) (810,088)
PPP loan forgiveness   1,669,552
Change in fair value of Private Warrants 45,314  
Other income   12,206
Total other (expense) income (143,180) 871,670
NET LOSS BEFORE INCOME TAXES (7,305,956) (5,761,151)
Income taxes 7,786  
NET LOSS $ (7,313,742) $ (5,761,151)
Loss per common share:    
Basic and diluted $ (0.25) $ (0.57)
Weighted average shares outstanding:    
Basic and diluted 29,758,343 10,144,461