| | | September 30, 2021 | |
| | | (Unaudited) | |
| ASSETS | | | |
| | | | |
| CURRENT ASSETS: | | | |
| Cash and cash equivalents | | $ | 5,979,546 | |
| Accounts receivable, net | | 28,341,724 | |
| Accounts receivable - related party | | 3,050,283 | |
| Marketable securities | | | 216,561 | |
| Inventory | | 3,716,251 | |
| Prepaid expenses and other current assets | | 5,689,116 | |
| Prepaid expenses and other current assets - related party | | 2,831,728 | |
| Operating lease right-of-use asset | | | 960,026 | |
| Financing lease right-of-use asset | | | 237,167 | |
| | | | | |
| TOTAL CURRENT ASSETS | | 51,022,402 | |
| | | | | |
| Property and equipment, net | | 2,061,841 | |
| Goodwill and intangible assets, net | | | 218,475 | |
| Other assets | | | 763,910 | |
| Deferred tax assets | | | 286,555 | |
| | | | | |
| TOTAL ASSETS | | $ | 54,353,183 | |
| | | | | |
| LIABILITIES AND STOCKHOLDERS' EQUITY | | | | |
| | | | | |
| CURRENT LIABILITIES: | | | | |
| Accounts payable and accrued expenses | | $ | 14,161,588 | |
| Accounts payable and accrued expenses - related party | | | 181,203 | |
| Accrued interest | | | 719,332 | |
| Customer advances | | | 48,972 | |
| Convertible notes payable | | | 926,624 | |
| Derivative liability - convertible note | | | 234,978 | |
| Notes payable | | 6,413,150 | |
| Notes payable - related party | | | 440,366 | |
| Lines of credit | | 5,151,825 | |
| Loans payable - related party | | | 708,344 | |
| Taxes payable | | | 760,932 | |
| Operating lease liability, current portion | | | 172,530 | |
| Financing lease liability, current portion | | | 96,323 | |
| Other current liabilities | | | 498,248 | |
| | | | | |
| TOTAL CURRENT LIABILITIES | | 30,514,415 | |
| | | | | |
| Share settled debt obligation | | 1,554,590 | |
| Notes payable - long term portion | | 10,124,779 | |
| Operating lease liability, net of current portion | | | 773,099 | |
| Financing lease liability, net of current portion | | | 157,537 | |
| Other liabilities | | | 103,365 | |
| TOTAL LIABILITIES | | $ | 43,227,785 | |
| | | | | |
| STOCKHOLDERS' EQUITY: | | | | |
| Preferred stock, $0.001 par value; 100,000,000 shares authorized; 1,250,000 shares issued and outstanding as of September 30, 2021 | | | 1,250 | |
| Common stock, $0.001 par value; 300,000,000 shares authorized; 17,627,843 shares issued as of September 30, 2021 | | | 17,628 | |
| Additional paid-in capital | | 36,255,189 | |
| Treasury stock, 350,328 and 415,328 shares as of September 30, 2021 | | | (611,204 | ) |
| Accumulated deficit | | (24,902,167 | ) |
| Accumulated other comprehensive income | | | 364,702 | |
| | | | | |
| TOTAL STOCKHOLDERS' EQUITY | | 11,125,398 | |
| | | | | |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | | $ | 54,353,183 |
|
