Registration of securities issued in business combination transactions

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

v3.21.4
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:      
Cash and cash equivalents $ 35,284,786 $ 12,789,975  
Restricted cash   $ 679,006
Investments 2,861,394 2,759,024  
Trade accounts receivable, less allowance for doubtful accounts 2,119,022 4,402,023  
Inventories, net 121,098 136,264  
Prepaid income taxes 15,910 35,948  
Other current assets 1,068,799 556,953  
Current assets held for sale   5,337,274
Current assets held for sale 15,078,066  
TOTAL CURRENT ASSETS 41,471,009 35,758,253 49,401,810
PROPERTY, PLANT AND EQUIPMENT, net 5,800,827 6,087,975  
OTHER ASSETS:      
Investments 3,942,825 7,109,212 250,000
Goodwill 2,086,393 2,086,393
Deferred income taxes   9,534
Operating lease right of use asset 191,134 284,251 367,909
Intangible assets, net 2,440,562 2,775,361  
Other assets, net 183,373 171,619  
Noncurrent assets held for sale   883,370
Non-current assets held for sale 846,000 1,283,261  
TOTAL OTHER ASSETS 9,690,287 13,710,097  
TOTAL ASSETS 56,962,123 55,556,325 59,150,712
CURRENT LIABILITIES:      
Accounts payable 1,716,451 709,283  
Accrued compensation and benefits 1,247,228 1,531,595  
Operating lease liability 132,690 127,243  
Other accrued liabilities 203,203 318,650  
Accrued consideration 550,000  
Dividends payable 34,022,195 16,147  
Deferred revenue   456,912
Deferred revenue 608,712 456,912  
Current liabilities held for sale 3,727,821  
TOTAL CURRENT LIABILITIES 37,930,479 7,437,651 11,350,044
LONG TERM LIABILITIES:      
Long-term compensation plans 116,460  
Operating lease liability 69,613 167,697  
Deferred revenue 397,076 310,179  
TOTAL LONG-TERM LIABILITIES 466,689 623,947 408,386
STOCKHOLDERS’ EQUITY      
Common stock, par value $.05 per share; 30,000,000 shares authorized 486,031 466,096 462,637
Additional paid-in capital 44,878,533 43,572,114 42,977,914
Retained earnings (26,815,002) 4,135,284 4,649,395
Accumulated other comprehensive loss 15,393 (678,767) (697,664)
TOTAL STOCKHOLDERS’ EQUITY 18,564,955 47,494,727 47,392,282
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 56,962,123 55,556,325 59,150,712
Cash and cash equivalents   13,092,484 13,928,504
Investments   2,759,024 9,449,650
Trade accounts receivable, less allowance for doubtful accounts   10,177,445 10,242,405
Inventories   8,696,880 8,531,112
Prepaid income taxes   35,948 72,994
Other current assets   996,472 1,160,865
PROPERTY, PLANT AND EQUIPMENT,  net   7,242,072 8,238,089
Right of use asset   413,415 367,909
Intangible assets   2,775,361
Other assets   171,619
TOTAL OTHER ASSETS   12,556,000 1,510,813
Accounts payable   2,378,449 3,720,445
Accrued compensation and benefits   2,298,075 3,517,331
Operating lease liability   213,553 115,935
Other accrued liabilities   1,524,515 2,602,752
Accrued consideration   550,000
Dividends payable   16,147 200,363
Current liabilities held for sale   1,193,218
Long-term compensation plans   116,460 164,348
Operating lease liability   197,308 244,038
Deferred revenue   $ 310,179