v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 13,259,000 $ 9,737,000
Accounts receivable, net of allowances of $564 and $4,603 at September 30, 2023 and December 31, 2022, respectively 6,352,000 4,157,000
Inventory 24,206,000 19,477,000
Deferred rents receivable 649,000 704,000
Notes receivable, current portion 52,000 2,637,000
Investments, current portion 161,000 123,000
Due from related parties 87,000 29,000
Other current assets 6,026,000 7,282,000
Total current assets 50,792,000 44,146,000
Property and equipment, net 85,195,000 71,641,000
Intangible assets, net 17,856,000 14,201,000
Goodwill 11,993,000 8,079,000
Notes receivable, net of current portion 814,000 7,467,000
Investments, net of current portion 164,000 0
Operating lease right-of-use assets 9,679,000 4,931,000
Finance lease right-of-use assets 2,717,000 713,000
Other assets 11,607,000 1,024,000
Total assets 190,817,000 152,202,000
Current liabilities:    
Term loan 3,600,000 0
Mortgages and notes payable, current portion 1,009,000 3,774,000
Accounts payable 8,494,000 6,626,000
Accrued expenses and other 5,347,000 3,091,000
Income taxes payable 14,014,000 11,489,000
Operating lease liabilities, current portion 1,865,000 1,273,000
Finance lease liabilities, current portion 963,000 237,000
Total current liabilities 35,292,000 26,490,000
Term loan, net of current portion 18,895,000 0
Mortgages and notes payable, net of current portion 27,444,000 25,943,000
Operating lease liabilities, net of current portion 8,449,000 4,173,000
Finance lease liabilities, net of current portion 1,775,000 461,000
Other liabilities 100,000 100,000
Total liabilities 91,955,000 57,167,000
Commitments and contingencies
Mezzanine equity    
Series B and C convertible preferred stock 19,000,000 37,725,000
Stockholders’ equity    
Undesignated preferred stock, $0.001 par value; 32,659,235 shares authorized; zero shares issued and outstanding at September 30, 2023 and December 31, 2022 0 0
Common stock, $0.001 par value; 700,000,000 shares authorized; 375,871,958 and 341,474,728 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 376,000 341,000
Common stock subscribed but not issued 0 39,000
Additional paid-in capital 170,922,000 142,365,000
Accumulated deficit (89,786,000) (83,924,000)
Noncontrolling interests (1,650,000) (1,511,000)
Total stockholders’ equity 79,862,000 57,310,000
Total liabilities, mezzanine equity and stockholders’ equity 190,817,000 152,202,000
Series B Convertible Preferred Stock    
Mezzanine equity    
Series B and C convertible preferred stock 14,725,000 14,725,000
Series C Convertible Preferred Stock    
Mezzanine equity    
Series B and C convertible preferred stock $ 4,275,000 $ 23,000,000

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