v3.23.3
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Condensed Consolidated Statements of Operations and Comprehensive Loss [Abstract]        
Sales $ 18,288,697 $ 5,888,162 $ 60,190,413 $ 10,338,483
Cost of sales 11,256,239 4,483,989 38,014,705 7,966,159
Gross profit 7,032,458 1,404,173 22,175,708 2,372,324
Operating expenses:        
Selling, general and administrative expenses 7,150,110 2,702,005 22,442,788 5,792,270
Amortization expense 1,216,698 863,574 3,700,095 2,084,470
Transaction costs   262,365 2,020 1,399,147
Fair value remeasurement of SUNation earnout consideration 230,000   1,160,000  
Total operating expenses 8,596,808 3,827,944 27,304,903 9,275,887
Operating loss (1,564,350) (2,423,771) (5,129,195) (6,903,563)
Other (expense) income:        
Investment and other income 88,163 8,215 143,452 106,974
Gain on sale of assets 192,845 14,573 437,116 1,229,133
Fair value remeasurement of merger earnout consideration   13,000   4,684,000
Fair value remeasurement of contingent value rights (239,922)   1,152,273 (1,214,560)
Interest and other expense (810,023) (154,805) (1,867,576) (640,536)
Other (expense) income, net (768,937) (119,017) (134,735) 4,165,011
Net loss before income taxes (2,333,287) (2,542,788) (5,263,930) (2,738,552)
Income tax benefit (4,234) (1,396)
Net loss from continuing operations (2,329,053) (2,542,788) (5,262,534) (2,738,552)
Net (loss) income from discontinued operations, net of tax (33,983) 22,792 (1,206,235) (222,426)
Net loss (2,363,036) (2,519,996) (6,468,769) (2,960,978)
Other comprehensive gain (loss), net of tax:        
Unrealized gain (loss) on available-for-sale securities (34,108) 38 10,422 (32,760)
Total other comprehensive gain (loss) (34,108) 38 10,422 (32,760)
Comprehensive loss $ (2,397,144) $ (2,519,958) $ (6,458,347) $ (2,993,738)
Basic net loss per share:        
Continuing operations $ (0.23) $ (0.34) $ (0.53) $ (0.45)
Discontinued operations (0.01)   (0.12) (0.04)
Basic net (loss) income per share (0.24) (0.34) (0.65) (0.49)
Diluted net loss per share:        
Continuing operations (0.23) (0.34) (0.53) (0.45)
Discontinued operations (0.01)   (0.12) (0.04)
Diluted net (loss) income per share $ (0.24) $ (0.34) $ (0.65) $ (0.49)
Weighted Average Basic Shares Outstanding 10,050,015 7,435,586 9,973,311 6,049,611
Weighted Average Dilutive Shares Outstanding 10,050,015 7,435,586 9,973,311 6,049,611

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