v3.21.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 12,318,717 $ 2,999,053
Accounts receivable, net 7,341,124 6,675,512
Deferred rents receivable 1,876,049 1,940,181
Notes receivable, current portion 374,978 658,122
Inventory 7,454,328 6,830,571
Investments 1,312,028 1,357,193
Other current assets 1,016,162 582,589
Total current assets 31,693,386 21,043,221
Property and equipment, net 47,490,375 45,636,529
Intangibles, net 2,689,828 2,228,560
Investments 1,165,788 1,165,788
Notes receivable, less current portion 1,212,829 965,008
Right-of-use assets under operating leases 5,564,376 5,247,152
Right-of-use assets under finance leases 70,249 78,420
Other assets 97,951 80,493
Total assets 89,984,782 76,445,171
Current liabilities:    
Accounts payable 6,050,126 5,044,918
Accrued expenses 4,663,951 3,621,269
Sales and excise taxes payable 1,286,349 1,053,693
Debentures payable 1,032,448
Notes payable, current portion 4,856 8,859,175
Mortgages payable, current portion 1,382,411 1,387,014
Operating lease liabilities, current portion 1,129,611 1,008,227
Finance lease liabilities, current portion 36,618 38,412
Due to related parties 1,157,815
Other current liabilities 23,640
Total current liabilities 14,553,922 23,226,611
Notes payable, less current portion 3,235,972 10,682,234
Mortgages payable, less current portion 14,616,387 14,744,136
Operating lease liabilities, less current portion 5,013,417 4,822,064
Finance lease liabilities, less current portion 38,184 44,490
Other liabilities 100,200 100,200
Total liabilities 37,558,082 53,619,735
Mezzanine equity:    
Total mezzanine equity 37,725,000 14,725,000
Stockholders’ equity:    
Undesignated preferred stock, $0.001 par value; 38,875,451 and 45,091,667 shares authorized at March 31, 2021 and December 31, 2020, respectively; zero shares issued and outstanding at March 31, 2021 and December 31, 2020
Common stock, $0.001 par value; 500,000,000 shares authorized at March 31, 2021 and December 31, 2020; 322,499,699 and 314,418,812 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively 322,500 314,419
Common stock subscribed but not issued; 6,877 and 11,413 shares at March 31, 2021 and December 31, 2020, respectively 5,365 5,365
Additional paid-in capital 115,340,044 112,974,329
Accumulated deficit (100,396,635) (104,616,538)
Noncontrolling interests (569,574) (577,139)
Total stockholders’ equity 14,701,700 8,100,436
Total liabilities, mezzanine equity, and stockholders’ equity 89,984,782 76,445,171
Series B Convertible Preferred Stock [Member]    
Mezzanine equity:    
Total mezzanine equity 14,725,000 14,725,000
Series C Convertible Preferred Stock [Member]    
Mezzanine equity:    
Total mezzanine equity $ 23,000,000

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