Business Combinations (Tables)
|
9 Months Ended |
Sep. 30, 2022 |
|---|
| CSI Merger [Member] |
|
| Business Acquisition [Line Items] |
|
| Schedule of Assets Acquired and Liabilities Assumed |
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
|
$ |
1,919,593 |
Investments |
|
|
3,155,443 |
Accounts receivable |
|
|
1,821,199 |
Inventory |
|
|
138,767 |
Other assets |
|
|
1,316,813 |
Property, plant, and equipment |
|
|
117,774 |
Current assets held for sale |
|
|
6,566,855 |
Intangible assets |
|
|
2,607,000 |
Goodwill |
|
|
6,764,300 |
Total assets |
|
|
24,407,744 |
|
|
|
|
Accounts payable |
|
|
2,562,346 |
Accrued expenses |
|
|
1,013,004 |
Deferred revenue |
|
|
960,385 |
Total liabilities |
|
|
4,535,735 |
|
|
|
|
Net assets acquired |
|
$ |
19,872,009 |
|
| HEC Asset Acquisition [Member] |
|
| Business Acquisition [Line Items] |
|
| Schedule of Assets Acquired and Liabilities Assumed |
|
|
|
|
|
|
|
|
Cash and cash equivalents |
|
$ |
215,684 |
Accounts receivable |
|
|
880,169 |
Inventory |
|
|
1,572,062 |
Other assets |
|
|
108,432 |
Property, plant, and equipment |
|
|
182,135 |
Intangible assets |
|
|
13,800,000 |
Goodwill |
|
|
9,802,552 |
Total assets |
|
|
26,561,034 |
|
|
|
|
Total liabilities |
|
|
(1,444,688) |
|
|
|
|
Net assets acquired |
|
$ |
25,116,346 |
|
| Schedule of Proforma Information |
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30 |
|
Nine Months Ended September 30 |
|
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
Net revenue |
$ |
7,709,062 |
|
$ |
6,072,680 |
|
$ |
19,124,301 |
|
$ |
16,025,351 |
Net loss |
|
(2,257,309) |
|
|
(2,386,451) |
|
|
(3,162,376) |
|
|
(8,701,410) |
|