Annual report pursuant to Section 13 and 15(d)

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)

v3.22.4
PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)
12 Months Ended
Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following:
December 31,
2022 2021
Prepaid purchases $ 34,611,649  $ 24,101,695 
Less: prepaid purchases reserve (22,163,338) (23,912,025)
Prepaid purchases, net 12,448,311  189,670 
Prepaid insurance 1,198,769  2,205,608 
Right of return asset —  1,620,000 
Other 505,401  342,551 
Prepaid expenses and other current assets $ 14,152,481  $ 4,357,829