v3.24.1
Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash & Cash Equivalents $ 7,988,803 $ 15,253,756
Investments 10,463,799 9,779,355
Accounts Receivable, Net 20,465,564 14,442,626
Deferred Income Taxes 841,000 841,000
Inventory 6,639,358 6,867,564
Prepaid Corporate Taxes 16,800 87,459
Prepaid Expenses 952,691 386,884
Deposits 1,717,444 910,486
Total Current Assets 49,085,459 48,569,130
PROPERTY AND EQUIPMENT, NET: 1,520,933 1,000,090
OTHER ASSETS:    
Intangible Assets - Customer Lists, Net 9,659,481 6,272,205
Right of Use Asset - Office Leases 1,335,653 784,683
Total Other Assets 10,995,134 7,056,888
Total Assets 61,601,526 56,626,108
CURRENT LIABILITIES:    
Current Portion of Contingent Earn-Out Liabilities 2,870,274 1,809,874
Current Portion of Lease Liability 527,548 324,594
Accounts Payable and Accrued Expenses 4,316,198 4,051,657
Accrued Payroll and Related 2,563,238 608,589
Unearned Revenue 5,171,479 633,148
Rewards Program Liability 875,000 6,000,000
Sales Tax Payable 343,944 365,303
Note Payable - Wildman 162,358
Total Current Liabilities 16,667,681 13,955,523
LONG-TERM LIABILITIES:    
Long-Term Contingent Earn-Out Liabilities 4,586,765 2,845,944
Long-Term Lease Liability 797,558 460,089
Total Long-Term Liabilities 5,384,323 3,306,033
STOCKHOLDERS’ EQUITY:    
Common Stock, $.0001 Par Value; 300,000,000 Shares Authorized, 18,534,073 and 18,475,521 Shares Issued and Outstanding as of December 31, 2023 and December 31, 2022, respectively 1,854 1,848
Additional Paid-In Capital 38,429,057 38,279,151
Retained Earnings 1,118,611 1,083,553
Total Stockholder's Equity 39,549,522 39,364,552
Total Liabilities & Stockholder's Equity $ 61,601,526 $ 56,626,108

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