v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS    
Net revenues $ 7,584,859 $ 5,239,437
Cost of net revenues 4,689,200 4,685,755
Gross profit 2,895,659 553,682
Operating expenses:    
General and administrative 17,779,903 7,149,210
Sales and marketing 3,810,583 576,469
Distribution 489,371 342,466
Loss on disposal of property and equipment   (848,927)
Impairment of intangible assets 3,400,000 784,500
Change in fair value of contingent consideration 8,764,460  
Total operating expenses 34,244,317 9,701,572
Loss from operations (31,348,658) (9,147,890)
Other income (expense):    
Interest expense (3,663,921) (1,599,518)
Other non-operating income (expenses) 1,554,502 32,754
Total other income (expense), net (2,109,419) (1,566,764)
Income tax benefit (provision) (1,100,120) 13,641
Net loss $ (32,357,957) $ (10,728,295)
Weighted average common shares outstanding - basic 7,689,215 664,167
Weighted average common shares outstanding - diluted 7,689,215 664,167
Net loss per common share - basic $ (4.21) $ (16.15)
Net loss per common share - diluted $ (4.21) $ (16.15)