Document And Entity Information
Document And Entity Information - USD ($) | 12 Months Ended | ||
Dec. 31, 2023 | Mar. 20, 2024 | Jun. 30, 2023 | |
Document Information [Line Items] | |||
Entity Central Index Key | 0001490161 | ||
Entity Registrant Name | Sow Good Inc. | ||
Amendment Flag | false | ||
Current Fiscal Year End Date | --12-31 | ||
Document Fiscal Period Focus | FY | ||
Document Fiscal Year Focus | 2023 | ||
Document Type | 10-K | ||
Document Annual Report | true | ||
Document Transition Report | false | ||
Document Period End Date | Dec. 31, 2023 | ||
Entity File Number | 000-53952 | ||
Entity Incorporation, State or Country Code | DE | ||
Entity Tax Identification Number | 27-2345075 | ||
Entity Address, Address Line One | 1440 N Union Bower Rd | ||
Entity Address, City or Town | Irving | ||
Entity Address, State or Province | TX | ||
Entity Address, Postal Zip Code | 75061 | ||
City Area Code | 214 | ||
Local Phone Number | 623-6055 | ||
Title of 12(g) Security | COMMON STOCK | ||
Trading Symbol | SOWG | ||
Entity Well-known Seasoned Issuer | No | ||
Entity Voluntary Filers | No | ||
Entity Current Reporting Status | Yes | ||
Entity Interactive Data Current | Yes | ||
Entity Filer Category | Non-accelerated Filer | ||
Entity Small Business | true | ||
Entity Emerging Growth Company | false | ||
ICFR Auditor Attestation Flag | false | ||
Document Financial Statement Error Correction [Flag] | false | ||
Entity Shell Company | false | ||
Entity Public Float | $ 7,937,691 | ||
Entity Common Stock, Shares Outstanding | 6,059,962 | ||
Auditor Name | Urish Popeck & Co., LLC | ||
Auditor Firm ID | 1013 | ||
Auditor Location | Pittsburgh, Pennsylvania |
Balance Sheets
Balance Sheets - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
Current assets: | ||
Cash and cash equivalents | $ 2,410,037 | $ 276,464 |
Accounts receivable, net | 2,578,259 | 191,022 |
Inventory | 4,123,246 | 1,874,949 |
Prepaid inventory | 563,131 | 97,930 |
Prepaid expenses | 563,164 | 137,692 |
Total current assets | 10,237,837 | 2,578,057 |
Property and equipment: | ||
Construction in progress | 1,522,465 | 2,487,673 |
Property and equipment | 6,287,422 | 3,055,579 |
Less accumulated depreciation | (967,602) | (508,257) |
Total property and equipment, net | 6,842,285 | 5,034,995 |
Security deposit | 346,616 | 24,000 |
Right-of-use asset | 4,061,820 | 1,261,525 |
Total assets | 21,488,558 | 8,898,577 |
Current liabilities: | ||
Accounts payable | 853,535 | 392,691 |
Accrued interest | 860,693 | 226,575 |
Accrued expenses | 648,947 | 218,368 |
Current portion of operating lease liabilities | 550,941 | 52,543 |
Total current liabilities | 5,771,200 | 890,177 |
Operating lease liabilities | 3,671,729 | 1,301,355 |
Total liabilities | 14,208,109 | 6,087,690 |
Commitments and contingencies | ||
Stockholders' equity: | ||
Preferred stock, $0.001 par value, 20,000,000 shares authorized, no shares issued and outstanding | 0 | 0 |
Common stock, $0.001 par value, 500,000,000 shares authorized, 6,029,371 and 4,847,384 shares issued and outstanding at December 31, 2023 and 2022, respectively | 6,029 | 4,847 |
Additional paid-in capital | 66,014,415 | 58,485,602 |
Accumulated deficit | (58,739,995) | (55,679,562) |
Total stockholders' equity | 7,280,449 | 2,810,887 |
Total liabilities and stockholders' equity | 21,488,558 | 8,898,577 |
Related Party [Member] | ||
Current liabilities: | ||
Current maturities of notes payable | 2,543,146 | 0 |
Notes payable, net | 4,171,142 | 3,502,243 |
Nonrelated Party [Member] | ||
Current liabilities: | ||
Current maturities of notes payable | 313,938 | 0 |
Notes payable, net | $ 594,038 | $ 393,915 |
Balance Sheets (Parentheticals)
Balance Sheets (Parentheticals) - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
Preferred stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized (in shares) | 20,000,000 | 20,000,000 |
Preferred stock, shares issued (in shares) | 0 | 0 |
Preferred stock, shares outstanding (in shares) | 0 | 0 |
Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Common stock, shares authorized (in shares) | 500,000,000 | 500,000,000 |
Common stock, shares issued (in shares) | 6,029,371 | 4,847,384 |
Common stock, shares outstanding (in shares) | 6,029,371 | 4,847,384 |
Related Party [Member] | ||
Debt discounts, current | $ 431,854 | $ 0 |
Debt discounts, non current | 1,448,858 | 2,692,757 |
Nonrelated Party [Member] | ||
Debt discounts, current | 86,062 | 0 |
Debt discounts, non current | $ 135,962 | $ 336,082 |
Statements of Operations
Statements of Operations - USD ($) | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Revenues | $ 16,070,924 | $ 428,132 |
Cost of goods sold | 11,189,360 | 308,293 |
Gross profit | 4,881,564 | 119,839 |
Operating expenses: | ||
Salaries and benefits | 3,391,798 | 3,662,313 |
Professional services | 688,023 | 245,546 |
Other general and administrative expenses | 1,854,156 | 1,625,952 |
Intangible asset impairment | 0 | 310,173 |
Goodwill impairment | 0 | 4,887,297 |
Total general and administrative expenses | 5,933,977 | 10,731,281 |
Depreciation and amortization | 168,271 | 274,053 |
Total operating expenses | 6,102,248 | 11,005,334 |
Net operating loss | (1,220,684) | (10,885,495) |
Other income (expense): | ||
Interest expense, including $1,173,986 and $925,839 of warrants issued as a debt discount for the years ended December 31, 2023 and 2022, respectively | (1,839,749) | (1,277,965) |
Gain on disposal of property and equipment | 0 | 36,392 |
Total other expense | (1,839,749) | (1,241,573) |
Loss before income tax | (3,060,433) | (12,127,068) |
Provision (benefit) for income taxes | 0 | 0 |
Net loss | $ (3,060,433) | $ (12,127,068) |
Weighted average common shares outstanding - basic and diluted (in shares) | 5,168,339 | 4,835,389 |
Net loss per common share - basic and diluted (in dollars per share) | $ (0.59) | $ (2.51) |
Statements of Operations (Paren
Statements of Operations (Parentheticals) - shares | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Interest Expense, Warrants (in shares) | 1,173,986 | 925,839 |
Statement of Stockholders' Equi
Statement of Stockholders' Equity - USD ($) | Officers and Directors [Member] Common Stock [Member] | Officers and Directors [Member] Additional Paid-in Capital [Member] | Officers and Directors [Member] Deferred Compensation, Share-Based Payments [Member] | Officers and Directors [Member] Retained Earnings [Member] | Officers and Directors [Member] | Advisory Board [Member] Common Stock [Member] | Advisory Board [Member] Additional Paid-in Capital [Member] | Advisory Board [Member] Deferred Compensation, Share-Based Payments [Member] | Advisory Board [Member] Retained Earnings [Member] | Advisory Board [Member] | Employees and Advisors [Member] Common Stock [Member] | Employees and Advisors [Member] Additional Paid-in Capital [Member] | Employees and Advisors [Member] Deferred Compensation, Share-Based Payments [Member] | Employees and Advisors [Member] Retained Earnings [Member] | Employees and Advisors [Member] | Related Party [Member] Common Stock [Member] | Related Party [Member] Additional Paid-in Capital [Member] | Related Party [Member] Deferred Compensation, Share-Based Payments [Member] | Related Party [Member] Retained Earnings [Member] | Related Party [Member] | Nonrelated Party [Member] Common Stock [Member] | Nonrelated Party [Member] Additional Paid-in Capital [Member] | Nonrelated Party [Member] Deferred Compensation, Share-Based Payments [Member] | Nonrelated Party [Member] Retained Earnings [Member] | Nonrelated Party [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Deferred Compensation, Share-Based Payments [Member] | Retained Earnings [Member] | Total |
Balance (in shares) at Dec. 31, 2021 | 4,809,070 | |||||||||||||||||||||||||||||
Balance at Dec. 31, 2021 | $ 4,809 | $ 54,342,027 | $ 26,066 | $ (43,552,494) | $ 10,820,408 | |||||||||||||||||||||||||
Common stock issued for services (in shares) | 26,059 | 12,255 | ||||||||||||||||||||||||||||
Common stock issued for services | $ 26 | $ 76,038 | $ (26,066) | $ 0 | $ 49,998 | $ 12 | $ 29,988 | $ 0 | $ 0 | $ 30,000 | ||||||||||||||||||||
Common stock options granted for services | $ 0 | 645,127 | 0 | 0 | 645,127 | $ 0 | $ 136,954 | $ 0 | $ 0 | $ 136,954 | ||||||||||||||||||||
Common stock warrants granted pursuant to debt financing | $ 0 | $ 2,811,138 | $ 0 | $ 0 | $ 2,811,138 | $ 0 | $ 444,330 | $ 0 | $ 0 | $ 444,330 | ||||||||||||||||||||
Net loss | $ 0 | 0 | 0 | (12,127,068) | (12,127,068) | |||||||||||||||||||||||||
Balance (in shares) at Dec. 31, 2022 | 4,847,384 | |||||||||||||||||||||||||||||
Balance at Dec. 31, 2022 | $ 4,847 | 58,485,602 | 0 | (55,679,562) | 2,810,887 | |||||||||||||||||||||||||
Common stock issued for services (in shares) | 20,699 | |||||||||||||||||||||||||||||
Common stock issued for services | $ 21 | 125,209 | 0 | 0 | 125,230 | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 | ||||||||||||||||||||
Common stock options granted for services | $ 0 | $ 599,886 | $ 0 | $ 0 | $ 599,886 | $ 0 | $ 111,151 | $ 0 | $ 0 | $ 111,151 | ||||||||||||||||||||
Common stock warrants granted pursuant to debt financing | $ 0 | $ 197,198 | $ 0 | $ 0 | $ 197,198 | $ 0 | $ 50,682 | $ 0 | $ 0 | $ 50,682 | ||||||||||||||||||||
Net loss | $ 0 | 0 | 0 | (3,060,433) | (3,060,433) | |||||||||||||||||||||||||
Shares (in shares) | 1,161,288 | |||||||||||||||||||||||||||||
Common stock issued in private placement offering | $ 1,161 | 6,444,687 | 0 | 0 | 6,445,848 | |||||||||||||||||||||||||
Balance (in shares) at Dec. 31, 2023 | 6,029,371 | |||||||||||||||||||||||||||||
Balance at Dec. 31, 2023 | $ 6,029 | $ 66,014,415 | $ 0 | $ (58,739,995) | $ 7,280,449 |
Statements of Cash Flows
Statements of Cash Flows - USD ($) | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
CASH FLOWS FROM OPERATING ACTIVITIES | ||
Net loss | $ (3,060,433) | $ (12,127,068) |
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Bad debts expense | 0 | 4,404 |
Depreciation and amortization | 459,345 | 299,553 |
Non-cash amortization of right-of-use asset and liability | 68,477 | 21,594 |
Gain on disposal of property and equipment | 0 | (36,392) |
Inventory write-downs | 1,398,888 | 0 |
Impairment of intangible assets | 0 | 310,173 |
Impairment of goodwill | 0 | 4,887,297 |
Amortization of stock options | 711,037 | 782,081 |
Amortization of stock warrants issued as a debt discount | 1,173,986 | 925,839 |
Decrease (increase) in current assets: | ||
Accounts receivable | (2,387,237) | (183,044) |
Prepaid expenses | (425,472) | (56,635) |
Inventory | (3,647,185) | (520,982) |
Prepaid inventory | (465,201) | 0 |
Security deposits | (322,616) | (14,000) |
Increase (decrease) in current liabilities: | ||
Accounts payable | 400,929 | 173,269 |
Accrued interest | 634,118 | 0 |
Accrued expenses | 490,494 | 307,278 |
Net cash used in operating activities | (4,845,640) | (5,146,635) |
CASH FLOWS FROM INVESTING ACTIVITIES | ||
Proceeds received from disposal of property and equipment | 0 | 63,957 |
Purchase of property and equipment | (2,266,635) | (193,184) |
Cash paid for construction in progress | 0 | (2,487,673) |
Cash paid for intangible assets | 0 | (5,929) |
Net cash used in investing activities | (2,266,635) | (2,622,829) |
CASH FLOWS FROM FINANCING ACTIVITIES | ||
Proceeds received from the sale of common stock | 6,445,848 | 0 |
Proceeds received from notes payable, related parties | 2,400,000 | 4,120,000 |
Proceeds received from notes payable | 400,000 | 580,000 |
Net cash provided by financing activities | 9,245,848 | 4,700,000 |
NET CHANGE IN CASH AND CASH EQUIVALENTS | 2,133,573 | (3,069,464) |
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD | 276,464 | 3,345,928 |
CASH AND CASH EQUIVALENTS AT END OF PERIOD | 2,410,037 | 276,464 |
SUPPLEMENTAL INFORMATION: | ||
Interest paid | 30,017 | 134,444 |
Income taxes paid | 0 | 0 |
NON-CASH INVESTING AND FINANCING ACTIVITIES: | ||
Reclassification of construction in progress to property and equipment | 965,208 | 0 |
Value of debt discounts attributable to warrants | 247,880 | 3,255,468 |
Officers and Directors [Member] | ||
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Common stock issued for services | 125,230 | 49,998 |
Advisors and Consultants [Member] | ||
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Common stock issued for services | $ 0 | $ 30,000 |
Note 1 - Organization and Natur
Note 1 - Organization and Nature of Business | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Nature of Operations [Text Block] | 1 Organization and Nature of Business Effective January 21, 2021, October 1, 2020 April 2, 2012, Ante5, July 1, 2010. October 2010 August 2019, Ante5, On May 5, 2021, first six nine July 23, 2021, six In the first 2023, fourteen December 31, 2023, second 2023, second third fourth first 2024 sixth third 2024. |
Note 2 - Summary of Significant
Note 2 - Summary of Significant Accounting Policies | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Significant Accounting Policies [Text Block] | Note 2 Summary of Significant Accounting Policies These financial statements are presented in accordance with United States generally accepted accounting principles (“GAAP”) and stated in US dollars, have been prepared by the Company, pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). These statements reflect all adjustments, which in the opinion of management, are necessary for fair presentation of the information contained therein. Except as otherwise disclosed, all such adjustments are of a normal recurring nature. Segment Reporting FASB ASC 280 10 50 may Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. Reclassifications Certain amounts in the prior period financial statements have been reclassified to conform with the current period. Environmental Liabilities The Company was formerly a direct owner of assets in the oil and gas industry. The oil and gas industry is subject, by its nature, to environmental hazards and clean-up costs. At this time, management knows of no Cash and Cash Equivalents Cash equivalents include money market accounts which have maturities of three Cash in Excess of FDIC Insured Limits The Company maintains its cash in bank deposit accounts which, at times, may $250,000 $500,000, December 31, 2023 not December 31, 2022 not Accounts Receivable Accounts receivable are carried at their estimated collectible amounts. Trade accounts receivable are periodically evaluated for collectability based on past credit history with customers and their current financial condition. The Company had no Inventory Inventory is valued at the lower of average cost or net realizable value. The cost of substantially all of the Company’s inventory has been determined by the first first Property and Equipment Property and equipment are stated at the lower of cost or estimated net recoverable amount. The cost of property, plant and equipment is depreciated using the straight-line method based on the lesser of the estimated useful lives of the assets or the lease term based on the following life expectancy: Software 3 years, or over the life of the agreement Website (years) 3 Office equipment (years) 5 Furniture and fixtures (years) 5 Machinery and equipment (years) 7 - 10 Leasehold improvements Fully extended lease-term Repairs and maintenance expenditures are charged to operations as incurred. Major improvements and replacements, which extend the useful life of an asset, are capitalized and depreciated over the remaining estimated useful life of the asset. When assets are retired or sold, the cost and related accumulated depreciation and amortization are eliminated and any resulting gain or loss is reflected in operations. Depreciation expense was $459,345 and $299,553 including $291,074 and $25,500 which was allocated to cost of goods sold, for the years ended December 31, 2023 2022 Construction in progress is stated at cost, which predominately relates to the cost of freezers and equipment not No Impairment of Long-Lived Assets Long-lived assets held and used by the Company are reviewed for possible impairment whenever events or circumstances indicate the carrying amount of an asset may not The Company's intellectual property is comprised of indefinite-lived brand names acquired and have been assigned an indefinite life as the Company currently anticipate that these brand names will contribute cash flows to the Company perpetually. The Company evaluates the recoverability of intangible assets periodically by taking into account events or circumstances that may may December 31, 2022 December 31, 2023 2022, $0. Goodwill The Company evaluates goodwill on an annual basis in the fourth not 1 2 3 first not December 31, 2022 December 31, 2023 2022, $0. Revenue Recognition The Company recognizes revenue in accordance with ASC 606 Revenue from Contracts with Customers 606” 606, five 606, five 1 2 3 4 5 December 31, 2023 2022, Customer Concentration For the year ended December 31, 2023 one one December 31, 2023 December 31, 2022 two December 31, 2023 2022 Supplier Concentration For the year ended December 31, 2023 December 31, 2022 no 10% Basic and Diluted Earnings (Loss) Per Share The basic net income (loss) per common share is computed by dividing the net income (loss) by the weighted average number of common shares outstanding. Diluted net income (loss) per common share is computed by dividing the net income (loss) adjusted on an “as if converted” basis, by the weighted average number of common shares outstanding plus potential dilutive securities. For the periods where potential dilutive securities would have an anti-dilutive effect and they were not Stock-Based Compensation The Company accounts for equity instruments issued to employees in accordance with the provisions of ASC 718 718” 2018 07 2018 07” December 31, 2023 2022 December 31, 2023 2022 December 31, 2023 2022 5 7 Income Taxes The Company recognizes deferred tax assets and liabilities based on differences between the financial reporting and tax basis of assets and liabilities using the enacted tax rates and laws that are expected to be in effect when the differences are expected to be recovered. The Company provides a valuation allowance for deferred tax assets for which it does not not. Uncertain Tax Positions In accordance with ASC 740 740” not Various taxing authorities can periodically audit the Company’s income tax returns. These audits include questions regarding the Company’s tax filing positions, including the timing and amount of deductions and the allocation of income to various tax jurisdictions. In evaluating the exposures connected with these various tax filing positions, including state and local taxes, the Company records allowances for probable exposures. A number of years may not The assessment of the Company’s tax position relies on the judgment of management to estimate the exposures associated with the Company’s various filing positions. Recent Accounting Pronouncements Recently Adopted Accounting Standards Financial Instruments – Credit Losses. The Financial Accounting Standards Board (“FASB”) issued five 1 June 2016, 2016 13, 326” 2 November 2018, 2018 19, 326, 3 April 2019, 2019 04, 326, 815, 825, 4 May 2019, 2019 05, 326 5 November 2019, 2019 11, 326, February March 2020, 2020 02, 326 842” No. 119 No. 2016 02, 842” 2020 03, 326. ASU 2016 13 2018 19 not 2019 04 2019 05 326 20, 825 10, 2019 11 2020 02 7 No. 119 326 842. 2020 03 2016 13, 2018 19, 2019 04, 2019 05, 2019 11, 2020 02 2020 03 January 1, 2023, not Our financial assets are limited to trade receivables. We estimate our reserve based on historical loss information. We believe that historical loss information is a reasonable base on which to determine expected credit losses for trade receivables held at the reporting date because the composition of the trade receivables at the reporting date is consistent with that used in developing the historical credit-loss percentages. However, the Company will continue to monitor and adjust the historical loss rates to reflect the effects of current conditions and forecasted changes. In November 2023, 2023 07, 280 280. December 15, 2023, December 15, 2024, In December 2023, 2023 09, 740 December 15, 2024 No December 31, 2023 |
Note 3 - Going Concern
Note 3 - Going Concern | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Substantial Doubt about Going Concern [Text Block] | Note 3 Going Concern In the prior reporting period, there was significant doubt regarding Sow Good's ability to continue as a going concern. This concern stemmed from our status as an early-stage development company, characterized by significant capital requirements and uncertain financial projections, largely due to a lack of historical sales data. The turnaround can be attributed to two The Company has experienced excellent sales growth in the last two no The Company realized a net loss of $3,060,433 for the year ended December 31, 2023 December 31, 2022. December 31, 2023 December 31, 2023, December 31, 2022. As a result of the capital infusion during the year ended December 31, 2023 twelve The financial statements do not not |
Note 4 - Related Party
Note 4 - Related Party | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Related Party Transactions Disclosure [Text Block] | Note 4 Related Party Common Stock Sold for Cash On November 20, 2023, Shares Amount Ira and Claudia Goldfarb, Executive Chairman and CEO, respectively 23,077 $ 150,000 Bradley Berman, Director 10,000 65,000 Joe Mueller, Director 5,000 32,500 Alexandria Gutierrez 4,615 29,998 Cesar J. Gutierrez Living Trust 3,977 25,851 46,669 $ 303,348 On August 25, 2023, Shares Amount Ira and Claudia Goldfarb, Executive Chairman and CEO, respectively 100,000 $ 500,000 Ira Goldfarb Irrevocable Trust 40,000 200,000 Lyle A. Berman Revocable Trust, Director 40,000 200,000 Bradley Berman, Director 10,000 50,000 Alexandria Gutierrez 5,000 25,000 195,000 $ 975,000 Common Stock Issued to Officers and Directors for Services On June 1, 2023, five On July 22, 2022, On April 11, 2022, Common Stock Options Awarded to Officers and Directors On December 15, 2023, 2020 five Additionally, on December 15, 2023, $40.00. $40.00 twenty On November 13, 2023, third On July 22, 2022, 2020 July 22, 2023 20% On April 11, 2022, 2020 April 11, 2023 20% On April 1, 2022, 60% third 20% $2.64, May 3, 2022, December 31, 2023 Debt Financing and Related Warrants Granted On May 11, 2023, one ten $100,000 May 11, 2024. June 30 December 31. On April 25, 2023, ten $100,000 April 25, 2024. June 30 December 31. April 25, 2023, On April 11, 2023, $100,000 may thirty 30 third On December 21, 2022, $100,000 ten On August 23, 2022, ten $100,000 August 23, 2025. January 1, 2025. may August 23, 2023 December 21, 2022 September 29, 2022, two On April 8, 2022, $3,700,000 25,000 $100,000 September 30, 2022 August 23, 2022, January 1, 2025, April 8, 2025. may $0.01 $9.00 thirty 30 third $3,700,000 The value of the related party warrants are classified as debt discounts and are amortized to interest expense over the life of the notes. Leases The Company leases a 20,945 square foot facility in Irving, Texas, under which an entity owned entirely by Ira Goldfarb is the landlord. The lease term is through September 15, 2025, two five |
Note 5 - Fair Value of Financia
Note 5 - Fair Value of Financial Instruments | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Fair Value Disclosures [Text Block] | Note 5 Fair Value of Financial Instruments The Company's financial statements are prepared in accordance with ASC 820, Level 1: Level 2: 1 Level 3: no Detachable common stock warrants issued in connection with debt may not 3 not The following schedule summarizes the valuation of financial instruments at fair value on a nonrecurring basis in the balances sheet as of December 31, 2023 2022 Fair Value Measurements at December 31, 2023 Carrying Value Estimated Fair Value Liabilities Notes payable, related parties, net of $ 1,880,711 $ 6,714,288 $ 7,008,684 Notes payable, net of $ 220,024 907,976 953,847 Total liabilities $ 7,622,264 $ 7,962,531 Fair Value Measurements at December 31, 2022 Carrying Value Estimated Fair Value Liabilities Notes payable, related parties, net of $ 2,692,757 $ 3,502,243 $ 4,502,093 Notes payable, net of $ 336,085 393,915 413,018 Total liabilities $ 3,896,158 $ 4,915,111 |
Note 6 - Inventory
Note 6 - Inventory | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Inventory Disclosure [Text Block] | Note 6 Inventory Inventory As of December 31, 2023 December 31, December 31, 2023 2022 Finished goods $ 222,051 $ 384,241 Packaging materials 815,883 416,663 Inventory in transit 571,970 - Work in progress 691,290 766,530 Raw materials 1,822,052 307,515 Total inventory $ 4,123,246 $ 1,874,949 During the year ended December 31, 2023 second 2023. Prepaid Inventory As of December 31, 2023 not The Company accounts for prepaid inventory at cost, which includes all charges necessary to bring the inventory items to their present location and condition. Upon shipment of the inventory, these amounts are reclassified from prepaid inventory to the appropriate inventory accounts on the balance sheet. |
Note 7 - Prepaid Expenses
Note 7 - Prepaid Expenses | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Prepaid Expenses [Text Block] | 7 Prepaid Expenses Prepaid expenses consist of the following: December 31, 2023 2022 Prepaid professional costs 382,524 - Prepaid software licenses 35,252 36,424 Prepaid insurance costs 48,305 16,746 Trade show advances 29,964 18,707 Prepaid rent 67,119 27,043 Prepaid office and other costs - 38,772 Total prepaid expenses $ 563,164 $ 137,692 |
Note 8 - Property and Equipment
Note 8 - Property and Equipment | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Property, Plant and Equipment Disclosure [Text Block] | 8 Property and Equipment Property and equipment at December 31, 2023 2022 December 31, December 31, 2023 2022 Office equipment $ 21,440 $ 13,872 Machinery 4,714,626 1,643,010 Software 70,000 70,000 Website 71,589 71,589 Leasehold improvements 1,409,767 1,257,108 Construction in progress 1,522,465 2,487,673 7,809,887 5,543,252 Less: Accumulated depreciation and amortization (967,602 ) (508,257 ) Total property and equipment, net $ 6,842,285 $ 5,034,995 Construction in progress consists of costs incurred to build out our manufacturing facility in Irving Texas, along with the construction of our freeze driers. These costs will be capitalized as Leasehold Improvements and Machinery, respectively, upon completion. On July 1, 2022, Depreciation of property and equipment was $459,345, including $168,271 capitalized as inventory, and $299,553, including $25,500 capitalized as inventory overhead and expensed to cost of goods sold, December 31, 2023 2022 |
Note 9 - Leases
Note 9 - Leases | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Lessee, Operating Leases [Text Block] | 9 Leases The Company determines if an arrangement is a finance lease or operating lease at inception and recognizes right-of-use (“ROU”) assets and lease liabilities at commencement date based on the present value of the lease payments over the lease term. For operating leases, our right-of-use assets are amortized on a straight-line basis over the lease term with rent expense recorded to operating expenses. The depreciable life of related leasehold improvements is based on the shorter of the useful life or the lease term. The Company leases its 20,945 square foot facility under a non-cancelable real property lease agreement that expires on August 31, 2025, two five September 15, 2021, not On July 1, 2023, not On October 26, 2023, five two November 1, 2023. first may five The components of lease expense were as follows: For the Year Ended December 31, 2023 2022 Operating lease cost: Amortization of right-of-use asset $ 189,605 $ 67,564 Supplemental balance sheet information related to leases was as follows: December 31, December 31, 2023 2022 Operating lease: Operating lease assets $ 4,061,820 $ 1,261,525 Current portion of operating lease liability $ 550,941 $ 52,543 Noncurrent operating lease liability 3,671,729 1,301,355 Total operating lease liability $ 4,222,670 $ 1,353,898 Weighted average remaining lease term: Operating leases (in years) 5.9 13.3 Weighted average discount rate: Operating lease 8.20 % 5.75 % Supplemental cash flow and other information related to operating leases was as follows: For the Year Ended December 31, 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows used for operating leases $ 194,435 $ 45,970 Leased assets obtained in exchange for lease liabilities: Total operating lease liabilities $ 4,222,670 $ 1,353,898 The future minimum lease payments due under operating leases as of December 31, 2023 Fiscal Year Ending Minimum Lease December 31, Commitments 2024 $ 874,000 2025 907,617 2026 881,562 2027 830,278 2028 and thereafter 1,980,505 5,473,962 Less effects of discounting (1,251,292 ) Lease liability recognized $ 4,222,670 |
Note 10 - Notes Payable, Relate
Note 10 - Notes Payable, Related Parties | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Long-Term Debt [Text Block] | Note 10 Notes Payable, Related Parties Notes payable, related parties consists of the following at December 31, 2023 2022 December 31, December 31, 2023 2022 On May 11, 2023, the Company received $ 100,000 May 11, 2024 8 2.50 ten 0.01 9.00 $ 100,000 $ - On April 25, 2023, the Company received $ 50,000 April 25, 2024 8 12,500 2.50 ten 0.01 9.00 50,000 - On April 25, 2023, the Company received $ 750,000 April 25, 2024 8 187,500 2.50 ten 0.01 9.00 750,000 - On April 11, 2023, the Company received $ 250,000 August 23, 2025 8 62,500 2.60 ten 250,000 - On March 7, 2023, the Company received $ 250,000 August 23, 2025 8 62,500 2.60 ten 250,000 - On March 2, 2023, the Company received $ 250,000 August 23, 2025 8 62,500 2.60 ten 250,000 - On February 1, 2023, the Company received $ 500,000 August 23, 2025 8 125,000 2.60 ten 500,000 - On January 5, 2023, the Company received $ 250,000 August 23, 2025 8 62,500 2.60 ten 250,000 - On December 21, 2022, the Company received $ 250,000 August 23, 2025 8 62,500 2.60 ten 250,000 250,000 On September 29, 2022, the Company received $ 500,000 August 23, 2025 8 125,000 2.60 ten 500,000 500,000 On September 29, 2022, the Company received $ 250,000 August 23, 2025 8 62,500 2.60 ten 250,000 250,000 On April 8, 2022, the Company received $ 2,000,000 6 April 8, 2025 500,000 2.35 ten 2,000,000 2,000,000 On April 8, 2022, the Company received $ 100,000 6 April 8, 2025 25,000 2.35 ten 100,000 100,000 On April 8, 2022, the Company received $ 100,000 6 April 8, 2025 25,000 2.35 ten 100,000 100,000 On April 8, 2022, the Company received $ 920,000 6 April 8, 2025 230,000 2.35 ten 920,000 920,000 On December 31, 2021, the Company received $ 1,500,000 8 December 31, 2024 225,000 2.21 ten 1,500,000 1,500,000 On December 31, 2021, the Company received $ 500,000 8 December 31, 2024 75,000 2.21 ten 500,000 500,000 On December 31, 2021, the Company received $ 25,000 8 December 31, 2024 3,750 2.21 ten 25,000 25,000 On December 31, 2021, the Company received $ 50,000 8 December 31, 2024 7,500 2.21 ten 50,000 50,000 Total notes payable, related parties 8,595,000 6,195,000 Less unamortized debt discounts: 1,880,712 2,692,757 Notes payable 6,714,288 3,502,243 Less: current maturities 2,543,146 - Notes payable, related parties, less current maturities $ 4,171,142 $ 3,502,243 The Company recorded total discounts of $1,154,050 and $2,811,138, consisting of debt discounts on warrants granted to the related parties during the years ended December 31, 2023 2022 For the Year Ended December 31, 2023 2022 Weighted average expected volatility 155 % 162 % Weighted average expected life (in years) 10 10 Weighted average risk-free interest rate 2.9 % 2.5 % Expected dividend yield - - The discounts are being amortized to interest expense over the term of the notes, until repayment, using the straight-line method, which closely approximates the effective interest method. The Company recorded $1,009,397 of related party stock-based interest expense pursuant to the amortization of discounts during the year ended December 31, 2023 The Company recognized $598,340 and $320,580 of related-party note interest expense for the years ended December 31, 2023 December 31, 2022 |
Note 11 - Notes Payable
Note 11 - Notes Payable | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Debt Disclosure [Text Block] | 11 Notes Payable Notes payable consists of the following at December 31, 2023 2022 December 31, December 31, 2023 2022 On April 25, 2023, the Company received $ 400,000 April 25, 2024 8 100,000 2.50 ten 0.01 9.00 $ 400,000 $ – On April 8, 2022, the Company received $ 80,000 6 th st April 8, 2025 20,000 2.35 ten 80,000 80,000 On April 8, 2022, the Company received $ 500,000 6 th st April 8, 2025 125,000 2.35 ten 500,000 500,000 On June 16, 2020, the Company entered into a loan authorization and loan agreement with the United States Small Business Administration (the “SBA”), as lender, pursuant to the SBA’s Economic Injury Disaster Loan (“EIDL”) assistance program in light of the impact of the COVID-19 pandemic on the Company’s business (the “EIDL Loan Agreement”) encompassing a $ 150,000 3.75 731 150,000 150,000 Total notes payable 1,130,000 730,000 Less: unamortized debt discounts 222,024 336,085 Notes payable 907,976 393,915 Less: current maturities 313,938 – Notes payable, less current maturities $ 594,038 $ 393,915 The Company recorded total discounts of $202,285 and $444,330, consisting of debt discounts on warrants granted to accredited investors during the years ended December 31, 2023 2022 For the Year Ended December 31, 2023 2022 Weighted average expected volatility 147 % 154 % Weighted average expected life (in years) 10 10 Weighted average risk-free interest rate 3.1 % 2.7 % Expected dividend yield - - The discounts are being amortized to interest expense over the term of the notes, until repayment, using the straight-line method, which closely approximates the effective interest method. The Company recorded $164,589 and $108,245 of stock-based interest expense pursuant to the amortization of discounts during the years ended December 31, 2023 2022 The Company recognized $56,346 and $31,546 of interest expense for the years ended December 31, 2023 2022 The Company recognized interest expense for the years ended December 31, 2023 2022 December 31, December 31, 2023 2022 Interest on notes payable, related parties $ 598,340 $ 320,580 Amortization of debt discounts on notes payable, related parties 1,009,396 817,594 Interest on notes payable 65,848 31,546 Amortization of debt discounts on notes payable 164,590 108,245 Interest - other 1,575 - Total interest expense $ 1,839,749 $ 1,277,965 |
Note 12 - Stockholders' Equity
Note 12 - Stockholders' Equity | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Equity [Text Block] | Note 12 Stockholders Equity Preferred Stock The Company has 20,000,000 authorized shares of $0.001 par value preferred stock. No shares have been issued to date. Common Stock Sold for Cash On November 20, 2023, $6.50 On August 25, 2023, $5.00 Common Stock Issued to Directors for Services On June 1, 2023, five On July 22, 2022, On April 11, 2022, Common Stock Awarded to Advisory Panel Members On April 20, 2022, two On March 25, 2022, |
Note 13 - Options
Note 13 - Options | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Share-Based Payment Arrangement [Text Block] | 13 Options The 2020 November 12, 2019 December 5, 2019, January 10, 2020 ( 14C” 2020 2020 14C. January 8, 2024, 2020 “2020 December 15, 2023. December 15, 2023, 2020 2020 2020 “2020 2020 2020 2020 2020 Outstanding Options Options to purchase an aggregate total of 2,260,813 and 590,991 shares of common stock were outstanding as of December 31, 2023 2022, December 31, 2023 2022, Options Granted On December 15, 2023, 2020 five Additionally, on December 15, 2023, $40.00. $40.00 twenty third $97% On November 13, 2023, March 8, 2024. During November 2023, five third During July 2023, three third On June 5, 2023, nineteen third $3.66, On July 22, 2022, 2020 July 22, 2023 20% On April 11, 2022, 2020 April 11, 2023 20% $2.64, On April 1, 2022, nineteen third $2.64, On April 1, 2022, third $2.64, May 3, 2022, December 31, 2022. On March 30, 2022, sixteen third $2.64, December 31, 2023 December 31, 2023 On March 25, 2022, 10 20% five $2.26, December 31, 2023 December 31, 2023 The Company recognized a total of $711,068, and $782,081 of compensation expense during the years ended December 31, 2023 2022 December 31, 2023 2.4 Options Cancelled or Forfeited An aggregate 21,083 and 87,793 options with a weighted average strike price of $2.84 and $7.11 per share were forfeited by former employees during the years ended December 31, 2023 2022 Options Expired During the years ended December 31, 2023 2022 Options Exercised No options were exercised during the years ended December 31, 2023 2022 The following is a summary of information about the Stock Options outstanding at December 31, 2023 Shares Underlying Shares Underlying Options Outstanding Options Exercisable Weighted Shares Average Weighted Shares Weighted Underlying Remaining Average Underlying Average Options Range of Contractual Exercise Options Exercise Outstanding Exercise Prices Life (in years) Price Exercisable Price December 31, 2022 590,991 2.355 -195.0000 8.1 $ 4.53 160,199 $ 5.02 December 31, 2023 2,620,813 2.355 -195.0000 6.6 $ 19.38 271,259 $ 4.69 The following is a summary of activity of outstanding stock options: Weighted Average Average Number Exercise Intrinsic of Shares Prices Value Balance, December 31, 2021 541,187 $ 6.77 Options granted 137,597 2.99 Options cancelled (87,793 ) (7.11 ) Balance, December 31, 2022 590,991 $ 4.53 $ 2,677,189 Options granted 2,050,905 23.55 Options cancelled (21,083 ) (2.84 ) Balance, December 31, 2023 2,620,813 $ 19.38 $ 50,802,052 Exercisable, December 31, 2023 271,259 $ 4.69 $ 1,272,205 |
Note 14 - Warrants
Note 14 - Warrants | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Warrant Disclosure [Text Block] | 14 Warrants Outstanding Warrants Warrants to purchase an aggregate total of 2,291,250 shares of common stock at a $2.50 strike price, exercisable over a weighted average life of 8.51 years were outstanding as of December 31, 2023 December 31, 2023 2022 Warrants Granted On May 11, 2023, $100,000 ten $100,000 May 11, 2024. may thirty 30 third May 11, 2023, $100,000 one On April 25, 2023, ten $100,000 April 25, 2024. may thirty 30 third April 25, 2023, two one On April 11, 2023, $100,000 10 may thirty 30 third On December 21, 2022, $100,000 ten On August 23, 2022, ten $100,000 August 23, 2025. may August 23, 2022 may thirty 30 third September 29, 2022 March 7, 2023, two On April 8, 2022, $100,000 may thirty 30 third No December 31, 2023 December 31, 2022 The following is a summary of activity of outstanding warrants: Weighted Average Number Exercise of Shares Prices Balance, December 31, 2021 417,550 2.66 Warrants granted 1,175,000 2.40 Warrants expired (1,300 ) (3.00 ) Balance, December 31, 2022 1,591,250 $ 2.47 Warrants granted 700,000 2.55 Warrants expired - - Balance, December 31, 2023 2,291,250 $ 2.50 Exercisable, December 31, 2023 2,291,250 $ 2.50 |
Note 15 - Earnings Per Share
Note 15 - Earnings Per Share | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Earnings Per Share [Text Block] | 15 Earnings Per Share Basic and diluted earnings per share years ended December 31, 2023 2022 For the Year Ended December 31, 2023 2022 Net income (loss) attributable to common shareholders $ (3,060,433 ) $ (12,127,068 ) Basic weighted average shares 5,168,339 4,835,389 Basic income and diluted loss per share $ (0.59 ) $ (2.51 ) The table below includes information related to stock options and warrants that were outstanding at the end of each respective year ended December 31, 2023 2022 . not For the Year Ended 2023 2022 Weighted average stock options 1,060,717 600,796 Weighted average price of stock options $ 19.38 $ 4.81 Weighted average warrants 2,084,994 1,010,337 Weighted average price of warrants $ 2.50 $ 2.47 Average price of common stock $ 5.37 $ 4.06 |
Note 16 - Income Taxes
Note 16 - Income Taxes | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Income Tax Disclosure [Text Block] | 16 Income Taxes We account for income taxes under the provisions of ASC Topic 740, Income taxes, We had no December 31, 2023 2022. The effective income tax rate for the years ended December 31, 2023 2022 December 31, 2023 2022 Federal statutory income tax rate 21.00 % 21.00 % State income taxes 0.00 % 0.00 % Permanent differences (0.21 )% 0.10 % Change in effective state income tax rate 0.00 % 0.00 % True up prior year tax return 0.06 % (0.50 )% Change in valuation allowance (20.85 )% (20.60 )% Net effective income tax rate 0.00 % 0.00 % The components of the deferred tax assets and liabilities as of December 31, 2023 2022 December 31, 2023 2022 Deferred tax assets: Federal and state net operating loss carryovers $ 9,391,254 $ 8,681,830 Stock compensation 2,578,060 862,079 Stock-based debt discounts 440,963 925,839 Goodwill and intangibles 1,106,693 5,197,470 Reorganization costs 28,135 - Allowance for bad debts 132 Total deferred tax assets $ 13,545,237 $ 15,667,218 Deferred tax liabilities: Property and equipment (561,128 ) (149,777 ) Total deferred liabilities (561,128 ) (149,777 ) Net deferred tax assets (liabilities) 12,984,109 15,517,441 Less: valuation allowance (12,984,109 ) (15,517,441 ) Deferred tax assets (liabilities) $ - $ - As of December 31, 2023 may December 31, 2037. 2030. December 31, 2017, 80% December 31, 2023 ASC Topic 740 not not 2023, not not The Company filed annual US Federal income tax returns and annual income tax returns for the state of Minnesota through 2020. 2020 not 2020 no The Company adopted the provisions of ASC Topic 740 no December 31, 2023 |
Note 17 - Subsequent Events
Note 17 - Subsequent Events | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Subsequent Events [Text Block] | 17 Subsequent Events Management has evaluated events and transactions subsequent to the balance sheet date through the date of this report (the day the financial statements were available to be issued) for potential recognition or disclosure in the financial statements. Management has not Change in Board of Directors On January 5, 2024, January 5, 2024 not not Pursuant to the Company’s Non-Employee Director Compensation Plan, Mr. Shensky will receive annualized compensation of $25,000, to be paid in cash or common stock, at the Company’s election, beginning with his appointment and continuing on each subsequent anniversary of his appointment thereafter or the date of his election at an annual meeting of shareholders, whichever comes first. On January 11, 2024, January 10, 2024. Employment Agreement with and Resignation of Chief Financial Officer On January 11, 2024, December 1, 2023 25% On March 2, 2024, March 4, 2024. Amendment to the 2020 On January 8, 2024, 2020 “2020 December 15, 2023. December 15, 2023, 2020 2020 2020 “2020 2020 2020 2020 2020 Approval of Option Grants under the 2020 On December 15, 2023 2020 2020 January 9, 2024, December 15, 2023. On December 15, 2023, 2020 five Additionally, on December 15, 2023, $40.00. $40.00 twenty Reincorporation Effective February 15, 2024, February 15, 2024 ( Upon effectiveness of the Reincorporation: ● the affairs of the Company ceased to be governed by the Nevada Revised Statutes, as amended, the Company’s existing articles of incorporation and the Company’s existing bylaws, and the affairs of the Company became subject to the Delaware General Corporation Law, as amended, the Certificate of Incorporation and the Bylaws; ● the shares of Sow Good’s issued and outstanding common stock, with a par value $0.0001 per share, converted into shares of the equivalent class of the Company’s Common Stock, each with a par value $0.0001 per share, on a 1 1 ● each director and officer of Sow Good will continue to hold his or her respective position with the Company; ● each employee benefit, stock option or other similar plan of Sow Good will continue to be an employee benefit, stock option or other similar plan of the Company; and ● the Company will continue to file periodic reports and other documents with the SEC. 2024 Effective February 15, 2024, 2024 “2024 may may Sublease Agreement by and between Papsa Merx S. de R.S. de C.V. and the Company, dated January 19, 2024. On January 19, 2024, 141 660, 66265 66269 seventeen February 1, 2024. not Board of Director Grants On January 11, 2024, five On February 9, 2024, five three Filing of an S- 1 On February 13, 2024, 1 |
Insider Trading Arrangements
Insider Trading Arrangements | 12 Months Ended |
Dec. 31, 2023 | |
Insider Trading Arr Line Items | |
Material Terms of Trading Arrangement [Text Block] | 9B. None |
Rule 10b5-1 Arrangement Adopted [Flag] | false |
Non-Rule 10b5-1 Arrangement Adopted [Flag] | false |
Rule 10b5-1 Arrangement Terminated [Flag] | false |
Non-Rule 10b5-1 Arrangement Terminated [Flag] | false |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2023 | |
Accounting Policies [Abstract] | |
Segment Reporting, Policy [Policy Text Block] | Segment Reporting FASB ASC 280 10 50 may |
Use of Estimates, Policy [Policy Text Block] | Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. |
Reclassification, Comparability Adjustment [Policy Text Block] | Reclassifications Certain amounts in the prior period financial statements have been reclassified to conform with the current period. |
Environmental Cost, Expense Policy [Policy Text Block] | Environmental Liabilities The Company was formerly a direct owner of assets in the oil and gas industry. The oil and gas industry is subject, by its nature, to environmental hazards and clean-up costs. At this time, management knows of no |
Cash and Cash Equivalents, Policy [Policy Text Block] | Cash and Cash Equivalents Cash equivalents include money market accounts which have maturities of three |
Cash in Excess of FDIC and Insured Limits [Policy Text Block] | Cash in Excess of FDIC Insured Limits The Company maintains its cash in bank deposit accounts which, at times, may $250,000 $500,000, December 31, 2023 not December 31, 2022 not |
Receivable [Policy Text Block] | Accounts Receivable Accounts receivable are carried at their estimated collectible amounts. Trade accounts receivable are periodically evaluated for collectability based on past credit history with customers and their current financial condition. The Company had no |
Inventory, Policy [Policy Text Block] | Inventory Inventory is valued at the lower of average cost or net realizable value. The cost of substantially all of the Company’s inventory has been determined by the first first |
Property, Plant and Equipment, Policy [Policy Text Block] | Property and Equipment Property and equipment are stated at the lower of cost or estimated net recoverable amount. The cost of property, plant and equipment is depreciated using the straight-line method based on the lesser of the estimated useful lives of the assets or the lease term based on the following life expectancy: Software 3 years, or over the life of the agreement Website (years) 3 Office equipment (years) 5 Furniture and fixtures (years) 5 Machinery and equipment (years) 7 - 10 Leasehold improvements Fully extended lease-term Repairs and maintenance expenditures are charged to operations as incurred. Major improvements and replacements, which extend the useful life of an asset, are capitalized and depreciated over the remaining estimated useful life of the asset. When assets are retired or sold, the cost and related accumulated depreciation and amortization are eliminated and any resulting gain or loss is reflected in operations. Depreciation expense was $459,345 and $299,553 including $291,074 and $25,500 which was allocated to cost of goods sold, for the years ended December 31, 2023 2022 Construction in progress is stated at cost, which predominately relates to the cost of freezers and equipment not No |
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block] | Impairment of Long-Lived Assets Long-lived assets held and used by the Company are reviewed for possible impairment whenever events or circumstances indicate the carrying amount of an asset may not The Company's intellectual property is comprised of indefinite-lived brand names acquired and have been assigned an indefinite life as the Company currently anticipate that these brand names will contribute cash flows to the Company perpetually. The Company evaluates the recoverability of intangible assets periodically by taking into account events or circumstances that may may December 31, 2022 December 31, 2023 2022, $0. |
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block] | Goodwill The Company evaluates goodwill on an annual basis in the fourth not 1 2 3 first not December 31, 2022 December 31, 2023 2022, $0. |
Revenue [Policy Text Block] | Revenue Recognition The Company recognizes revenue in accordance with ASC 606 Revenue from Contracts with Customers 606” 606, five 606, five 1 2 3 4 5 December 31, 2023 2022, |
Customer Concentration [Policy Text Block] | Customer Concentration For the year ended December 31, 2023 one one December 31, 2023 December 31, 2022 two December 31, 2023 2022 Supplier Concentration For the year ended December 31, 2023 December 31, 2022 no 10% |
Earnings Per Share, Policy [Policy Text Block] | Basic and Diluted Earnings (Loss) Per Share The basic net income (loss) per common share is computed by dividing the net income (loss) by the weighted average number of common shares outstanding. Diluted net income (loss) per common share is computed by dividing the net income (loss) adjusted on an “as if converted” basis, by the weighted average number of common shares outstanding plus potential dilutive securities. For the periods where potential dilutive securities would have an anti-dilutive effect and they were not |
Share-Based Payment Arrangement [Policy Text Block] | Stock-Based Compensation The Company accounts for equity instruments issued to employees in accordance with the provisions of ASC 718 718” 2018 07 2018 07” December 31, 2023 2022 December 31, 2023 2022 December 31, 2023 2022 5 7 |
Income Tax, Policy [Policy Text Block] | Income Taxes The Company recognizes deferred tax assets and liabilities based on differences between the financial reporting and tax basis of assets and liabilities using the enacted tax rates and laws that are expected to be in effect when the differences are expected to be recovered. The Company provides a valuation allowance for deferred tax assets for which it does not not. |
Income Tax Uncertainties, Policy [Policy Text Block] | Uncertain Tax Positions In accordance with ASC 740 740” not Various taxing authorities can periodically audit the Company’s income tax returns. These audits include questions regarding the Company’s tax filing positions, including the timing and amount of deductions and the allocation of income to various tax jurisdictions. In evaluating the exposures connected with these various tax filing positions, including state and local taxes, the Company records allowances for probable exposures. A number of years may not The assessment of the Company’s tax position relies on the judgment of management to estimate the exposures associated with the Company’s various filing positions. |
New Accounting Pronouncements, Policy [Policy Text Block] | Recent Accounting Pronouncements Recently Adopted Accounting Standards Financial Instruments – Credit Losses. The Financial Accounting Standards Board (“FASB”) issued five 1 June 2016, 2016 13, 326” 2 November 2018, 2018 19, 326, 3 April 2019, 2019 04, 326, 815, 825, 4 May 2019, 2019 05, 326 5 November 2019, 2019 11, 326, February March 2020, 2020 02, 326 842” No. 119 No. 2016 02, 842” 2020 03, 326. ASU 2016 13 2018 19 not 2019 04 2019 05 326 20, 825 10, 2019 11 2020 02 7 No. 119 326 842. 2020 03 2016 13, 2018 19, 2019 04, 2019 05, 2019 11, 2020 02 2020 03 January 1, 2023, not Our financial assets are limited to trade receivables. We estimate our reserve based on historical loss information. We believe that historical loss information is a reasonable base on which to determine expected credit losses for trade receivables held at the reporting date because the composition of the trade receivables at the reporting date is consistent with that used in developing the historical credit-loss percentages. However, the Company will continue to monitor and adjust the historical loss rates to reflect the effects of current conditions and forecasted changes. In November 2023, 2023 07, 280 280. December 15, 2023, December 15, 2024, In December 2023, 2023 09, 740 December 15, 2024 No December 31, 2023 |
Note 2 - Summary of Significa_2
Note 2 - Summary of Significant Accounting Policies (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Property, Plant and Equipment, Expected Life [Table Text Block] | Software 3 years, or over the life of the agreement Website (years) 3 Office equipment (years) 5 Furniture and fixtures (years) 5 Machinery and equipment (years) 7 - 10 Leasehold improvements Fully extended lease-term |
Note 4 - Related Party (Tables)
Note 4 - Related Party (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Stock Sales By Related Parties [Table Text Block] | Shares Amount Ira and Claudia Goldfarb, Executive Chairman and CEO, respectively 23,077 $ 150,000 Bradley Berman, Director 10,000 65,000 Joe Mueller, Director 5,000 32,500 Alexandria Gutierrez 4,615 29,998 Cesar J. Gutierrez Living Trust 3,977 25,851 46,669 $ 303,348 Shares Amount Ira and Claudia Goldfarb, Executive Chairman and CEO, respectively 100,000 $ 500,000 Ira Goldfarb Irrevocable Trust 40,000 200,000 Lyle A. Berman Revocable Trust, Director 40,000 200,000 Bradley Berman, Director 10,000 50,000 Alexandria Gutierrez 5,000 25,000 195,000 $ 975,000 |
Note 5 - Fair Value of Financ_2
Note 5 - Fair Value of Financial Instruments (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | Fair Value Measurements at December 31, 2023 Carrying Value Estimated Fair Value Liabilities Notes payable, related parties, net of $ 1,880,711 $ 6,714,288 $ 7,008,684 Notes payable, net of $ 220,024 907,976 953,847 Total liabilities $ 7,622,264 $ 7,962,531 Fair Value Measurements at December 31, 2022 Carrying Value Estimated Fair Value Liabilities Notes payable, related parties, net of $ 2,692,757 $ 3,502,243 $ 4,502,093 Notes payable, net of $ 336,085 393,915 413,018 Total liabilities $ 3,896,158 $ 4,915,111 |
Note 6 - Inventory (Tables)
Note 6 - Inventory (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Inventory, Current [Table Text Block] | December 31, December 31, 2023 2022 Finished goods $ 222,051 $ 384,241 Packaging materials 815,883 416,663 Inventory in transit 571,970 - Work in progress 691,290 766,530 Raw materials 1,822,052 307,515 Total inventory $ 4,123,246 $ 1,874,949 |
Note 7 - Prepaid Expenses (Tabl
Note 7 - Prepaid Expenses (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block] | December 31, 2023 2022 Prepaid professional costs 382,524 - Prepaid software licenses 35,252 36,424 Prepaid insurance costs 48,305 16,746 Trade show advances 29,964 18,707 Prepaid rent 67,119 27,043 Prepaid office and other costs - 38,772 Total prepaid expenses $ 563,164 $ 137,692 |
Note 8 - Property and Equipme_2
Note 8 - Property and Equipment (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Property, Plant and Equipment [Table Text Block] | December 31, December 31, 2023 2022 Office equipment $ 21,440 $ 13,872 Machinery 4,714,626 1,643,010 Software 70,000 70,000 Website 71,589 71,589 Leasehold improvements 1,409,767 1,257,108 Construction in progress 1,522,465 2,487,673 7,809,887 5,543,252 Less: Accumulated depreciation and amortization (967,602 ) (508,257 ) Total property and equipment, net $ 6,842,285 $ 5,034,995 |
Note 9 - Leases (Tables)
Note 9 - Leases (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Lease, Cost [Table Text Block] | For the Year Ended December 31, 2023 2022 Operating lease cost: Amortization of right-of-use asset $ 189,605 $ 67,564 |
Lessee, Operating Lease, Supplemental Balance Sheet Information [Table Text Block] | December 31, December 31, 2023 2022 Operating lease: Operating lease assets $ 4,061,820 $ 1,261,525 Current portion of operating lease liability $ 550,941 $ 52,543 Noncurrent operating lease liability 3,671,729 1,301,355 Total operating lease liability $ 4,222,670 $ 1,353,898 Weighted average remaining lease term: Operating leases (in years) 5.9 13.3 Weighted average discount rate: Operating lease 8.20 % 5.75 % |
Lessee, Operating Lease, Supplemental Cash Flow and Other Information [Table Text Block] | For the Year Ended December 31, 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows used for operating leases $ 194,435 $ 45,970 Leased assets obtained in exchange for lease liabilities: Total operating lease liabilities $ 4,222,670 $ 1,353,898 |
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block] | Fiscal Year Ending Minimum Lease December 31, Commitments 2024 $ 874,000 2025 907,617 2026 881,562 2027 830,278 2028 and thereafter 1,980,505 5,473,962 Less effects of discounting (1,251,292 ) Lease liability recognized $ 4,222,670 |
Note 10 - Notes Payable, Rela_2
Note 10 - Notes Payable, Related Parties (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Long-Term Debt Instruments [Table Text Block] | December 31, December 31, 2023 2022 On May 11, 2023, the Company received $ 100,000 May 11, 2024 8 2.50 ten 0.01 9.00 $ 100,000 $ - On April 25, 2023, the Company received $ 50,000 April 25, 2024 8 12,500 2.50 ten 0.01 9.00 50,000 - On April 25, 2023, the Company received $ 750,000 April 25, 2024 8 187,500 2.50 ten 0.01 9.00 750,000 - On April 11, 2023, the Company received $ 250,000 August 23, 2025 8 62,500 2.60 ten 250,000 - On March 7, 2023, the Company received $ 250,000 August 23, 2025 8 62,500 2.60 ten 250,000 - On March 2, 2023, the Company received $ 250,000 August 23, 2025 8 62,500 2.60 ten 250,000 - On February 1, 2023, the Company received $ 500,000 August 23, 2025 8 125,000 2.60 ten 500,000 - On January 5, 2023, the Company received $ 250,000 August 23, 2025 8 62,500 2.60 ten 250,000 - On December 21, 2022, the Company received $ 250,000 August 23, 2025 8 62,500 2.60 ten 250,000 250,000 On September 29, 2022, the Company received $ 500,000 August 23, 2025 8 125,000 2.60 ten 500,000 500,000 On September 29, 2022, the Company received $ 250,000 August 23, 2025 8 62,500 2.60 ten 250,000 250,000 On April 8, 2022, the Company received $ 2,000,000 6 April 8, 2025 500,000 2.35 ten 2,000,000 2,000,000 On April 8, 2022, the Company received $ 100,000 6 April 8, 2025 25,000 2.35 ten 100,000 100,000 On April 8, 2022, the Company received $ 100,000 6 April 8, 2025 25,000 2.35 ten 100,000 100,000 On April 8, 2022, the Company received $ 920,000 6 April 8, 2025 230,000 2.35 ten 920,000 920,000 On December 31, 2021, the Company received $ 1,500,000 8 December 31, 2024 225,000 2.21 ten 1,500,000 1,500,000 On December 31, 2021, the Company received $ 500,000 8 December 31, 2024 75,000 2.21 ten 500,000 500,000 On December 31, 2021, the Company received $ 25,000 8 December 31, 2024 3,750 2.21 ten 25,000 25,000 On December 31, 2021, the Company received $ 50,000 8 December 31, 2024 7,500 2.21 ten 50,000 50,000 Total notes payable, related parties 8,595,000 6,195,000 Less unamortized debt discounts: 1,880,712 2,692,757 Notes payable 6,714,288 3,502,243 Less: current maturities 2,543,146 - Notes payable, related parties, less current maturities $ 4,171,142 $ 3,502,243 |
Related Party [Member] | |
Notes Tables | |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] | For the Year Ended December 31, 2023 2022 Weighted average expected volatility 155 % 162 % Weighted average expected life (in years) 10 10 Weighted average risk-free interest rate 2.9 % 2.5 % Expected dividend yield - - |
Note 11 - Notes Payable (Tables
Note 11 - Notes Payable (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Debt [Table Text Block] | December 31, December 31, 2023 2022 On April 25, 2023, the Company received $ 400,000 April 25, 2024 8 100,000 2.50 ten 0.01 9.00 $ 400,000 $ – On April 8, 2022, the Company received $ 80,000 6 th st April 8, 2025 20,000 2.35 ten 80,000 80,000 On April 8, 2022, the Company received $ 500,000 6 th st April 8, 2025 125,000 2.35 ten 500,000 500,000 On June 16, 2020, the Company entered into a loan authorization and loan agreement with the United States Small Business Administration (the “SBA”), as lender, pursuant to the SBA’s Economic Injury Disaster Loan (“EIDL”) assistance program in light of the impact of the COVID-19 pandemic on the Company’s business (the “EIDL Loan Agreement”) encompassing a $ 150,000 3.75 731 150,000 150,000 Total notes payable 1,130,000 730,000 Less: unamortized debt discounts 222,024 336,085 Notes payable 907,976 393,915 Less: current maturities 313,938 – Notes payable, less current maturities $ 594,038 $ 393,915 |
Schedule of Recognized Interest Expense on Notes Payable [Table Text Block] | December 31, December 31, 2023 2022 Interest on notes payable, related parties $ 598,340 $ 320,580 Amortization of debt discounts on notes payable, related parties 1,009,396 817,594 Interest on notes payable 65,848 31,546 Amortization of debt discounts on notes payable 164,590 108,245 Interest - other 1,575 - Total interest expense $ 1,839,749 $ 1,277,965 |
Notes Payable [Member] | |
Notes Tables | |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] | For the Year Ended December 31, 2023 2022 Weighted average expected volatility 147 % 154 % Weighted average expected life (in years) 10 10 Weighted average risk-free interest rate 3.1 % 2.7 % Expected dividend yield - - |
Note 13 - Options (Tables)
Note 13 - Options (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block] | Shares Underlying Shares Underlying Options Outstanding Options Exercisable Weighted Shares Average Weighted Shares Weighted Underlying Remaining Average Underlying Average Options Range of Contractual Exercise Options Exercise Outstanding Exercise Prices Life (in years) Price Exercisable Price December 31, 2022 590,991 2.355 -195.0000 8.1 $ 4.53 160,199 $ 5.02 December 31, 2023 2,620,813 2.355 -195.0000 6.6 $ 19.38 271,259 $ 4.69 |
Share-Based Payment Arrangement, Option, Activity [Table Text Block] | Weighted Average Average Number Exercise Intrinsic of Shares Prices Value Balance, December 31, 2021 541,187 $ 6.77 Options granted 137,597 2.99 Options cancelled (87,793 ) (7.11 ) Balance, December 31, 2022 590,991 $ 4.53 $ 2,677,189 Options granted 2,050,905 23.55 Options cancelled (21,083 ) (2.84 ) Balance, December 31, 2023 2,620,813 $ 19.38 $ 50,802,052 Exercisable, December 31, 2023 271,259 $ 4.69 $ 1,272,205 |
Note 14 - Warrants (Tables)
Note 14 - Warrants (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] | Weighted Average Number Exercise of Shares Prices Balance, December 31, 2021 417,550 2.66 Warrants granted 1,175,000 2.40 Warrants expired (1,300 ) (3.00 ) Balance, December 31, 2022 1,591,250 $ 2.47 Warrants granted 700,000 2.55 Warrants expired - - Balance, December 31, 2023 2,291,250 $ 2.50 Exercisable, December 31, 2023 2,291,250 $ 2.50 |
Note 15 - Earnings Per Share (T
Note 15 - Earnings Per Share (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | For the Year Ended December 31, 2023 2022 Net income (loss) attributable to common shareholders $ (3,060,433 ) $ (12,127,068 ) Basic weighted average shares 5,168,339 4,835,389 Basic income and diluted loss per share $ (0.59 ) $ (2.51 ) |
Summary of Stock Options and Warrants Outstanding [Table Text Block] | For the Year Ended 2023 2022 Weighted average stock options 1,060,717 600,796 Weighted average price of stock options $ 19.38 $ 4.81 Weighted average warrants 2,084,994 1,010,337 Weighted average price of warrants $ 2.50 $ 2.47 Average price of common stock $ 5.37 $ 4.06 |
Note 16 - Income Taxes (Tables)
Note 16 - Income Taxes (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | December 31, 2023 2022 Federal statutory income tax rate 21.00 % 21.00 % State income taxes 0.00 % 0.00 % Permanent differences (0.21 )% 0.10 % Change in effective state income tax rate 0.00 % 0.00 % True up prior year tax return 0.06 % (0.50 )% Change in valuation allowance (20.85 )% (20.60 )% Net effective income tax rate 0.00 % 0.00 % |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | December 31, 2023 2022 Deferred tax assets: Federal and state net operating loss carryovers $ 9,391,254 $ 8,681,830 Stock compensation 2,578,060 862,079 Stock-based debt discounts 440,963 925,839 Goodwill and intangibles 1,106,693 5,197,470 Reorganization costs 28,135 - Allowance for bad debts 132 Total deferred tax assets $ 13,545,237 $ 15,667,218 Deferred tax liabilities: Property and equipment (561,128 ) (149,777 ) Total deferred liabilities (561,128 ) (149,777 ) Net deferred tax assets (liabilities) 12,984,109 15,517,441 Less: valuation allowance (12,984,109 ) (15,517,441 ) Deferred tax assets (liabilities) $ - $ - |
Note 2 - Summary of Significa_3
Note 2 - Summary of Significant Accounting Policies (Details Textual) | 12 Months Ended | |
Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) | |
Cash, Uninsured Amount | $ 1,837,840 | |
Depreciation | 459,345 | $ 299,553 |
Cost, Depreciation | 291,074 | 25,500 |
Impairment of Intangible Assets, Finite-Lived | 0 | 310,173 |
Asset Impairment Charges | 4,887,297 | |
Shipping and Handling Costs | 129,412 | 59,756 |
Share-Based Payment Arrangement, Expense | 836,267 | 888,107 |
Amortization of Fair Values of Options [Member] | ||
Share-Based Payment Arrangement, Noncash Expense | 711,037 | 782,081 |
Share-Based Payment Arrangement, Option [Member] | ||
Share-Based Payment Arrangement, Expense | 125,230 | 106,026 |
Share-Based Payment Arrangement, Noncash Expense | $ 711,068 | $ 782,081 |
Share-Based Payment Arrangement, Option [Member] | Minimum [Member] | ||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Term (Year) | 2 years 3 months 18 days | |
Share-Based Payment Arrangement, Option [Member] | Maximum [Member] | ||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Term (Year) | 7 years 3 months 18 days | |
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | One Retail Customer [Member] | ||
Number of Customers | 1 | |
Concentration Risk, Percentage | 43.30% | |
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | One Food Distributor [Member] | ||
Number of Customers | 1 | 1 |
Concentration Risk, Percentage | 25.20% | 12.90% |
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Two Retail Customers [Member] | ||
Number of Customers | 2 | |
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Retail Customer One [Member] | ||
Concentration Risk, Percentage | 43.10% | |
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Retail Customer Two [Member] | ||
Concentration Risk, Percentage | 42.50% | |
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Top Five Customers [Member] | ||
Number of Customers | 5 | |
Concentration Risk, Percentage | 83% | 99% |
Cost of Goods and Service, Product and Service Benchmark [Member] | Supplier Concentration Risk [Member] | Two Suppliers [Member] | ||
Number of Suppliers | 2 | |
Cost of Goods and Service, Product and Service Benchmark [Member] | Supplier Concentration Risk [Member] | Supplier One [Member] | ||
Concentration Risk, Percentage | 17% | |
Cost of Goods and Service, Product and Service Benchmark [Member] | Supplier Concentration Risk [Member] | Supplier Two [Member] | ||
Concentration Risk, Percentage | 10% |
Note 2 - Summary of Significa_4
Note 2 - Summary of Significant Accounting Policies - Property and Equipment Life Expectancy (Details) | Dec. 31, 2023 |
Software and Software Development Costs [Member] | |
Estimated useful lives (Year) | 3 years |
Website [Member] | |
Estimated useful lives (Year) | 3 years |
Office Equipment [Member] | |
Estimated useful lives (Year) | 5 years |
Furniture and Fixtures [Member] | |
Estimated useful lives (Year) | 5 years |
Machinery and Equipment [Member] | Minimum [Member] | |
Estimated useful lives (Year) | 7 years |
Machinery and Equipment [Member] | Maximum [Member] | |
Estimated useful lives (Year) | 10 years |
Note 3 - Going Concern (Details
Note 3 - Going Concern (Details Textual) - USD ($) | 12 Months Ended | |||
Nov. 20, 2023 | Aug. 25, 2023 | Dec. 31, 2023 | Dec. 31, 2022 | |
Proceeds from Issuance of Common Stock | $ 303,348 | $ 975,000 | $ 6,445,848 | $ 0 |
Net Income (Loss) Attributable to Parent | (3,060,433) | (12,127,068) | ||
Retained Earnings (Accumulated Deficit) | (58,739,995) | (55,679,562) | ||
Cash and Cash Equivalents, at Carrying Value | 2,410,037 | 276,464 | ||
Working Capital | $ 4,466,637 | $ 1,687,880 |
Note 4 - Related Party (Details
Note 4 - Related Party (Details Textual) | 12 Months Ended | 24 Months Ended | ||||||||||||||||||||
Dec. 15, 2023 $ / shares shares | Nov. 20, 2023 USD ($) $ / shares shares | Nov. 13, 2023 $ / shares shares | Aug. 25, 2023 USD ($) $ / shares shares | Jun. 01, 2023 USD ($) shares | May 11, 2023 USD ($) $ / shares shares | Apr. 25, 2023 USD ($) $ / shares shares | Apr. 11, 2023 USD ($) $ / shares shares | Dec. 21, 2022 USD ($) $ / shares shares | Dec. 21, 2022 USD ($) $ / shares shares | Sep. 29, 2022 USD ($) | Aug. 23, 2022 USD ($) $ / shares shares | Jul. 22, 2022 $ / shares shares | Apr. 11, 2022 shares | Apr. 11, 2022 $ / shares shares | Apr. 08, 2022 USD ($) $ / shares shares | Apr. 08, 2022 USD ($) $ / shares shares | Apr. 02, 2022 USD ($) $ / shares shares | Dec. 31, 2023 USD ($) ft² $ / shares shares | Dec. 31, 2022 $ / shares | Dec. 31, 2023 USD ($) ft² $ / shares | Dec. 31, 2021 $ / shares | |
Stock Issued During Period, Shares, New Issues (in shares) | 46,669 | 195,000 | ||||||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 23.55 | $ 2.99 | ||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 2.5 | $ 2.47 | $ 2.5 | $ 2.66 | ||||||||||||||||||
Facility in Irving, Texas [Member] | ||||||||||||||||||||||
Area of Real Estate Property (Square Foot) | ft² | 20,945 | 20,945 | ||||||||||||||||||||
Lessor, Operating Lease, Renewal Term (Year) | 5 years | 5 years | ||||||||||||||||||||
Operating Lease, Monthly Rate | $ | $ 10,036 | |||||||||||||||||||||
Operating Lease, Annual Escalation of Payments, Percent | 3% | |||||||||||||||||||||
Note and Warrant Purchase Agreement [Member] | ||||||||||||||||||||||
Proceeds from Issuance of Debt | $ | $ 3,700,000 | |||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | 925,000 | 925,000 | ||||||||||||||||||||
Warrants and Rights Outstanding, Term (Year) | 10 years | 10 years | ||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 2.35 | $ 2.35 | ||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 6% | 6% | ||||||||||||||||||||
Proceeds from Warrant Exercises | $ | $ 2,173,750 | |||||||||||||||||||||
Sold to Officers or Directors [Member] | Note and Warrant Purchase Agreement [Member] | ||||||||||||||||||||||
Proceeds from Issuance of Debt | $ | $ 3,120,000 | |||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | 780,000 | 780,000 | ||||||||||||||||||||
Warrants Issued With Promissory Notes [Member] | ||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | 375,000 | 375,000 | 625,000 | |||||||||||||||||||
Warrants and Rights Outstanding, Term (Year) | 10 years | 10 years | 10 years | |||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 2.5 | $ 2.5 | $ 2.6 | |||||||||||||||||||
Class of Warrant or Right, Number Per $100,000 Notes Payable (in shares) | 25,000 | 25,000 | 25,000 | |||||||||||||||||||
Promissory Notes and Warrants [Member] | ||||||||||||||||||||||
Proceeds from Issuance of Debt | $ | $ 1,500,000 | $ 1,500,000 | $ 2,500,000 | |||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 8% | 8% | 8% | |||||||||||||||||||
Promissory Notes and Warrants [Member] | One Director [Member] | ||||||||||||||||||||||
Proceeds from Issuance of Debt | $ | $ 250,000 | $ 750,000 | ||||||||||||||||||||
Stock Option4 [Member] | ||||||||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 2.75 | |||||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate | 406% | |||||||||||||||||||||
Call Option Value | $ | $ 72,692 | |||||||||||||||||||||
Share-Based Payment Arrangement, Noncash Expense | $ | $ 72,692 | $ 72,692 | ||||||||||||||||||||
Five Nonemployee Directors [Member] | ||||||||||||||||||||||
Stock Issued During Period, Shares, Issued for Services (in shares) | 20,699 | |||||||||||||||||||||
Stock Issued During Period, Value, Issued for Services | $ | $ 125,230 | |||||||||||||||||||||
Mr. Creed [Member] | ||||||||||||||||||||||
Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture (in shares) | 6,410 | |||||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 24,151 | |||||||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 3.9 | |||||||||||||||||||||
Share-Based Goods and Nonemployee Services Transaction, Valuation Method, Risk Free Interest Rate | 20% | |||||||||||||||||||||
Mr. Mueller [Member] | ||||||||||||||||||||||
Stock Issued During Period, Shares, New Issues (in shares) | 5,000 | |||||||||||||||||||||
Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture (in shares) | 8,064 | |||||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 24,151 | |||||||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 3.1 | |||||||||||||||||||||
Share-Based Goods and Nonemployee Services Transaction, Valuation Method, Risk Free Interest Rate | 20% | |||||||||||||||||||||
Mr. Goldfarb [Member] | ||||||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 500,000 | |||||||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 9.75 | |||||||||||||||||||||
Mr. Goldfarb [Member] | Additional Options Pursuant To A&R Employment Agreement [Member] | ||||||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 500,000 | |||||||||||||||||||||
Mrs Goldfarb [Member] | ||||||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 450,000 | |||||||||||||||||||||
Mrs Goldfarb [Member] | Additional Options Pursuant To A&R Employment Agreement [Member] | ||||||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 450,000 | |||||||||||||||||||||
Keith Terreri [Member] | ||||||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 27,000 | |||||||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 6.19 | |||||||||||||||||||||
Keith Terreri [Member] | Share-Based Payment Arrangement, Tranche One [Member] | ||||||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage | 60% | |||||||||||||||||||||
Keith Terreri [Member] | Share-Based Payment Arrangement, Tranche Two [Member] | ||||||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage | 20% | |||||||||||||||||||||
Mr Burke [Member] | Stock Option4 [Member] | ||||||||||||||||||||||
Shares Issued, Price Per Share (in dollars per share) | $ / shares | $ 4.87 | $ 4.87 | ||||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Accelerated Vesting, Number (in shares) | 47,500 | |||||||||||||||||||||
Director [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | 25,000 | 300,000 | ||||||||||||||||||||
Warrants and Rights Outstanding, Term (Year) | 10 years | |||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 2.5 | |||||||||||||||||||||
Director [Member] | Promissory Notes and Warrants [Member] | ||||||||||||||||||||||
Proceeds from Issuance of Debt | $ | $ 100,000 | |||||||||||||||||||||
Board of Directors Chairman [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||||||||||||||||
Warrants and Rights Outstanding, Term (Year) | 10 years | 10 years | ||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 2.5 | $ 2.6 | ||||||||||||||||||||
Class of Warrant or Right, Number Per $100,000 Notes Payable (in shares) | 25,000 | |||||||||||||||||||||
Class of Warrant or Right, Redemption Price (in dollars per share) | $ / shares | $ 0.01 | |||||||||||||||||||||
Class of Warrant or Right, Redemption, Minimum Volume Weighted Average Sale Price (in dollars per share) | $ / shares | $ 9 | |||||||||||||||||||||
Board of Directors Chairman [Member] | Promissory Notes and Warrants [Member] | ||||||||||||||||||||||
Proceeds from Issuance of Debt | $ | $ 750,000 | |||||||||||||||||||||
Cesar J. Gutierrez Living Trust [Member] | ||||||||||||||||||||||
Stock Issued During Period, Shares, New Issues (in shares) | 3,977 | |||||||||||||||||||||
Cesar J. Gutierrez Living Trust [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||||||||||||||||
Class of Warrant or Right, Number Per $100,000 Notes Payable (in shares) | 25,000 | |||||||||||||||||||||
Class of Warrant or Right, Redemption Price (in dollars per share) | $ / shares | $ 0.01 | |||||||||||||||||||||
Class of Warrant or Right, Redemption, Minimum Volume Weighted Average Sale Price (in dollars per share) | $ / shares | $ 9 | |||||||||||||||||||||
Cesar J. Gutierrez Living Trust [Member] | Promissory Notes and Warrants [Member] | ||||||||||||||||||||||
Proceeds from Issuance of Debt | $ | $ 50,000 | |||||||||||||||||||||
Lyle A. Berman Revocable Trust [Member] | ||||||||||||||||||||||
Stock Issued During Period, Shares, New Issues (in shares) | 40,000 | |||||||||||||||||||||
Lyle A. Berman Revocable Trust [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||||||||||||||||
Proceeds from Issuance of Debt | $ | $ 250,000 | |||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | 62,500 | |||||||||||||||||||||
Warrants and Rights Outstanding, Term (Year) | 10 years | 10 years | 10 years | |||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 2.6 | |||||||||||||||||||||
Class of Warrant or Right, Number Per $100,000 Notes Payable (in shares) | 25,000 | 25,000 | 25,000 | |||||||||||||||||||
Class of Warrant or Right, Redemption Price (in dollars per share) | $ / shares | $ 0.01 | $ 0.01 | $ 0.01 | |||||||||||||||||||
Class of Warrant or Right, Redemption, Minimum Volume Weighted Average Sale Price (in dollars per share) | $ / shares | $ 9 | $ 9 | $ 9 | |||||||||||||||||||
Lyle A. Berman Revocable Trust [Member] | Promissory Notes and Warrants [Member] | ||||||||||||||||||||||
Proceeds from Issuance of Debt | $ | $ 250,000 | |||||||||||||||||||||
Related Party [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||||||||||||||||
Proceeds from Issuance of Debt | $ | $ 2,075,000 | |||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | 311,250 | 311,250 | ||||||||||||||||||||
Warrants and Rights Outstanding, Term (Year) | 10 years | 10 years | ||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 2.21 | $ 2.21 | ||||||||||||||||||||
Class of Warrant or Right, Number Per $100,000 Notes Payable (in shares) | 15,000 | 15,000 | ||||||||||||||||||||
Chief Financial Officer [Member] | ||||||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 27,500 | |||||||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 2.75 | |||||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term (Year) | 10 years | |||||||||||||||||||||
Stock Purchase Agreement [Member] | Multiple Accredited Investors [Member] | ||||||||||||||||||||||
Stock Issued During Period, Shares, New Issues (in shares) | 426,288 | |||||||||||||||||||||
Shares Issued, Price Per Share (in dollars per share) | $ / shares | $ 6.5 | $ 5 | ||||||||||||||||||||
Proceeds from Issuance or Sale of Equity | $ | $ 2,770,872 | $ 3,675,000 | ||||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period (in shares) | 735,000 |
Note 4 - Related Party - Summar
Note 4 - Related Party - Summary of Stock Sales by Related Parties (Details) - USD ($) | 12 Months Ended | |||
Nov. 20, 2023 | Aug. 25, 2023 | Dec. 31, 2023 | Dec. 31, 2022 | |
Shares (in shares) | 46,669 | 195,000 | ||
Amount | $ 303,348 | $ 975,000 | $ 6,445,848 | $ 0 |
Ira and Claudia Goldfarb [Member] | ||||
Shares (in shares) | 23,077 | 100,000 | ||
Amount | $ 150,000 | $ 500,000 | ||
Bradley Berman [Member] | ||||
Shares (in shares) | 10,000 | 10,000 | ||
Amount | $ 65,000 | $ 50,000 | ||
Ira Goldfarb [Member] | ||||
Shares (in shares) | 40,000 | |||
Amount | $ 200,000 | |||
Mr. Mueller [Member] | ||||
Shares (in shares) | 5,000 | |||
Amount | $ 32,500 | |||
Lyle A. Berman Revocable Trust [Member] | ||||
Shares (in shares) | 40,000 | |||
Amount | $ 200,000 | |||
Alexandria Gutierrez [Member] | ||||
Shares (in shares) | 4,615 | 5,000 | ||
Amount | $ 29,998 | $ 25,000 | ||
Cesar J. Gutierrez Living Trust [Member] | ||||
Shares (in shares) | 3,977 | |||
Amount | $ 25,851 |
Note 5 - Fair Value of Financ_3
Note 5 - Fair Value of Financial Instruments - Financial Instruments at Fair Value on a Recurring Basis (Details) - Fair Value, Recurring [Member] - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
Fair Value, Inputs, Level 1 [Member] | ||
Notes payable, net of debt discounts | $ 393,915 | |
Liabilities, Fair Value Disclosure | $ 7,622,264 | 3,896,158 |
Fair Value, Inputs, Level 2 [Member] | ||
Notes payable, net of debt discounts | 413,018 | |
Liabilities, Fair Value Disclosure | 7,962,531 | 4,915,111 |
Related Party [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Notes payable, net of debt discounts | 6,714,288 | 3,502,243 |
Related Party [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Notes payable, net of debt discounts | 7,008,684 | $ 4,502,093 |
Nonrelated Party [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Notes payable, net of debt discounts | 907,976 | |
Nonrelated Party [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Notes payable, net of debt discounts | $ 953,847 |
Note 5 - Fair Value of Financ_4
Note 5 - Fair Value of Financial Instruments - Financial Instruments at Fair Value on a Recurring Basis (Details) (Parentheticals) - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
Debt discounts | $ 336,085 | |
Debt discounts | 336,085 | |
Fair Value, Recurring [Member] | Related Party [Member] | ||
Debt discounts | $ 1,880,711 | 2,692,757 |
Debt discounts | 1,880,711 | $ 2,692,757 |
Fair Value, Recurring [Member] | Nonrelated Party [Member] | ||
Debt discounts | 220,024 | |
Debt discounts | $ 220,024 |
Note 6 - Inventory (Details Tex
Note 6 - Inventory (Details Textual) - USD ($) | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2023 | Dec. 31, 2022 | |
Inventory, Net | $ 4,123,246 | $ 4,123,246 | $ 1,874,949 |
Inventory Write-down | 1,398,888 | 1,398,888 | 0 |
Prepaid Inventory | $ 563,131 | $ 563,131 | $ 97,930 |
Note 6 - Inventory - Schedule o
Note 6 - Inventory - Schedule of Inventory (Details) - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
Finished goods | $ 222,051 | $ 384,241 |
Packaging materials | 815,883 | 416,663 |
Inventory in transit | 571,970 | 0 |
Work in progress | 691,290 | 766,530 |
Raw materials | 1,822,052 | 307,515 |
Total inventory | $ 4,123,246 | $ 1,874,949 |
Note 7 - Prepaid Expenses - Pre
Note 7 - Prepaid Expenses - Prepaid Expenses (Details) - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
Prepaid professional costs | $ 382,524 | $ 0 |
Prepaid software licenses | 35,252 | 36,424 |
Prepaid insurance costs | 48,305 | 16,746 |
Trade show advances | 29,964 | 18,707 |
Prepaid rent | 67,119 | 27,043 |
Prepaid office and other costs | 0 | 38,772 |
Total prepaid expenses | $ 563,164 | $ 137,692 |
Note 8 - Property and Equipme_3
Note 8 - Property and Equipment (Details Textual) - USD ($) | 12 Months Ended | ||
Jun. 01, 2022 | Dec. 31, 2023 | Dec. 31, 2022 | |
Proceeds from Legal Settlements | $ 62,308 | ||
Gain (Loss) on Disposition of Property Plant Equipment | $ 36,392 | ||
Depreciation | $ 459,345 | $ 299,553 | |
Depreciation, Depletion and Amortization, Nonproduction | 168,271 | 274,053 | |
Inventories [Member] | |||
Depreciation, Depletion and Amortization, Nonproduction | $ 168,271 | $ 25,500 |
Note 8 - Property and Equipme_4
Note 8 - Property and Equipment - Property and Equipment (Details) - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
Property and equipment, gross | $ 7,809,887 | $ 5,543,252 |
Less: Accumulated depreciation and amortization | (967,602) | (508,257) |
Total property and equipment, net | 6,842,285 | 5,034,995 |
Office Equipment [Member] | ||
Property and equipment, gross | 21,440 | 13,872 |
Machinery and Equipment [Member] | ||
Property and equipment, gross | 4,714,626 | 1,643,010 |
Software and Software Development Costs [Member] | ||
Property and equipment, gross | 70,000 | 70,000 |
Website [Member] | ||
Property and equipment, gross | 71,589 | 71,589 |
Leasehold Improvements [Member] | ||
Property and equipment, gross | 1,409,767 | 1,257,108 |
Construction in Progress [Member] | ||
Property and equipment, gross | $ 1,522,465 | $ 2,487,673 |
Note 9 - Leases (Details Textua
Note 9 - Leases (Details Textual) | Oct. 26, 2023 USD ($) ft² | Jul. 01, 2023 USD ($) ft² | Sep. 15, 2022 USD ($) ft² |
Operating and Office Facility [Member | |||
Area of Real Estate Property (Square Foot) | ft² | 20,945 | ||
Lessee, Operating Lease, Renewal Term (Year) | 5 years | ||
Lessee, Operating Lease, Monthly Lease Payment | $ 10,036 | ||
Lessee, Operating Lease, Percentage of Annual Escalation of Lease Payments | 3% | ||
Lessee, Operating Lease, Incremental Borrowing Rate | 5.75 | ||
Warehouse Space in Irving, Texas [Member] | |||
Area of Real Estate Property (Square Foot) | ft² | 9,000 | ||
Lessee, Operating Lease, Monthly Lease Payment | $ 8,456 | ||
Lessee, Operating Lease, Incremental Borrowing Rate | 8 | ||
Lessee, Operating Lease, Term of Contract (Month) | 37 months | ||
Lessee, Operating Lease, Annual Escalation Rate | 4% | ||
Lease Agreement with Prologies, Inc [Member] | |||
Area of Real Estate Property (Square Foot) | ft² | 51,264 | ||
Lessee, Operating Lease, Monthly Lease Payment | $ 42,500 | ||
Lessee, Operating Lease, Incremental Borrowing Rate | 9.38 | ||
Lessee, Operating Lease, Term of Contract (Month) | 5 years 2 months 1 day | ||
Lessee, Operating Lease, Annual Escalation Rate | 4.30% | ||
Lessee, Operating Lease, Monthly Lease Payment Increase | $ 51,700 | ||
Lessee Operating Expenses of the Premises | 7,835 | ||
Debt Instrument, Face Amount | $ 300,000 |
Note 9 - Leases - Components of
Note 9 - Leases - Components of Lease Expense (Details) - USD ($) | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Amortization of right-of-use asset | $ 189,605 | $ 67,564 |
Note 9 - Leases - Supplemental
Note 9 - Leases - Supplemental Balance Sheet Information (Details) - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
Operating lease assets | $ 4,061,820 | $ 1,261,525 |
Current portion of operating lease liability | 550,941 | 52,543 |
Noncurrent operating lease liability | 3,671,729 | 1,301,355 |
Total operating lease liability | $ 4,222,670 | $ 1,353,898 |
Weighted average remaining lease term: Operating leases (in years) (Year) | 5 years 10 months 24 days | 13 years 3 months 18 days |
Weighted average discount rate: Operating lease | 8.20% | 5.75% |
Note 9 - Leases - Supplementa_2
Note 9 - Leases - Supplemental Cash Flow and Other Information (Details) - USD ($) | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Operating cash flows used for operating leases | $ 194,435 | $ 45,970 |
Total operating lease liabilities | $ 4,222,670 | $ 1,353,898 |
Note 9 - Leases - Future Minimu
Note 9 - Leases - Future Minimum Lease Payments (Details) - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
2025 | $ 907,617 | |
2026 | 881,562 | |
2027 | 830,278 | |
2028 and thereafter | 1,980,505 | |
Total | 5,473,962 | |
Less effects of discounting | (1,251,292) | |
Lease liability recognized | $ 4,222,670 | $ 1,353,898 |
Note 10 - Notes Payable, Rela_3
Note 10 - Notes Payable, Related Parties (Details Textual) - Notes Payable Related Parties [Member] - USD ($) | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Amortization of Debt Discount (Premium) | $ 1,154,050 | $ 2,811,138 |
Interest Expense, Debt | 598,340 | $ 320,580 |
Stock Based Warrant Expense [Member] | ||
Interest Expense, Debt | $ 1,009,397 |
Note 10 - Notes Payable, Rela_4
Note 10 - Notes Payable, Related Parties - Notes Payable, Related Parties (Details) - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
Debt discounts | $ 336,085 | |
Lyle A. Berman Revocable Trust [Member] | Notes Payable 16 [Member] | ||
Notes payable | $ 920,000 | 920,000 |
Lyle A. Berman Revocable Trust [Member] | Notes Payable 18 [Member] | ||
Notes payable | 500,000 | 500,000 |
Lyle A. Berman Revocable Trust [Member] | Notes Payable 4 [Member] | ||
Notes payable | 250,000 | 0 |
Lyle A. Berman Revocable Trust [Member] | Notes Payable 5 [Member] | ||
Notes payable | 250,000 | 0 |
Lyle A. Berman Revocable Trust [Member] | Notes Payable 7 [Member] | ||
Notes payable | 500,000 | 0 |
Lyle A. Berman Revocable Trust [Member] | Notes Payable 8 [Member] | ||
Notes payable | 250,000 | 0 |
Lyle A. Berman Revocable Trust [Member] | Notes Payable 9 [Member] | ||
Notes payable | 250,000 | 250,000 |
Lyle A. Berman Revocable Trust [Member] | Notes Payable 11 [Member] | ||
Notes payable | 250,000 | 250,000 |
Lyle A. Berman Revocable Trust [Member] | Notes Payable 12 [Member] | ||
Notes payable | 2,000,000 | 2,000,000 |
Board of Directors Chairman [Member] | Notes Payable 17 [Member] | ||
Notes payable | 1,500,000 | 1,500,000 |
Board of Directors Chairman [Member] | Notes Payable 3 [Member] | ||
Notes payable | 750,000 | 0 |
Board of Directors Chairman [Member] | Notes Payable 10 [Member] | ||
Notes payable | 500,000 | 500,000 |
Director [Member] | Notes Payable 1 [Member] | ||
Notes payable | 100,000 | 0 |
Former CFO [Member] | Notes Payable 19 [Member] | ||
Notes payable | 25,000 | 25,000 |
Former CFO [Member] | Notes Payable 13 [Member] | ||
Notes payable | 100,000 | 100,000 |
Cesar J. Gutierrez Living Trust [Member] | Notes Payable 20 [Member] | ||
Notes payable | 50,000 | 50,000 |
Cesar J. Gutierrez Living Trust [Member] | Notes Payable 2 [Member] | ||
Notes payable | 50,000 | 0 |
Cesar J. Gutierrez Living Trust [Member] | Notes Payable 14 [Member] | ||
Notes payable | 100,000 | 100,000 |
Related Party [Member] | ||
Less: current maturities | 2,543,146 | 0 |
Notes payable, related parties, less current maturities | 4,171,142 | 3,502,243 |
Related Party [Member] | Notes Payable, Other Payables [Member] | ||
Notes payable | 8,595,000 | 6,195,000 |
Debt discounts | 1,880,712 | 2,692,757 |
Notes payable | 6,714,288 | 3,502,243 |
Less: current maturities | 2,543,146 | 0 |
Notes payable, related parties, less current maturities | 4,171,142 | 3,502,243 |
IG Union Bower LLC [Member] | Notes Payable 6 [Member] | ||
Notes payable | $ 250,000 | $ 0 |
Note 10 - Notes Payable, Rela_5
Note 10 - Notes Payable, Related Parties - Notes Payable, Related Parties (Details) (Parentheticals) - USD ($) | 12 Months Ended | |||||||
Dec. 31, 2023 | Dec. 31, 2022 | May 11, 2023 | Apr. 25, 2023 | Apr. 11, 2023 | Aug. 23, 2022 | Apr. 08, 2022 | Dec. 31, 2021 | |
Warrant, exercise price (in dollars per share) | $ 2.5 | $ 2.47 | $ 2.66 | |||||
Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 375,000 | 375,000 | 625,000 | |||||
Warrant, exercise price (in dollars per share) | $ 2.5 | $ 2.5 | $ 2.6 | |||||
Warrant, term (Year) | 10 years | 10 years | 10 years | |||||
Lyle A. Berman Revocable Trust [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 62,500 | |||||||
Warrant, exercise price (in dollars per share) | $ 2.6 | |||||||
Warrant, term (Year) | 10 years | 10 years | ||||||
Warrant, redemption price (in dollars per share) | $ 0.01 | $ 0.01 | ||||||
Required volume weighted average sale price (in dollars per share) | $ 9 | $ 9 | ||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 16 [Member] | ||||||||
Face amount | $ 920,000 | $ 920,000 | ||||||
Maturity | Apr. 08, 2025 | Apr. 08, 2025 | ||||||
Interest rate | 6% | 6% | ||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 16 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 230,000 | 230,000 | ||||||
Warrant, exercise price (in dollars per share) | $ 2.35 | $ 2.35 | ||||||
Warrant, term (Year) | 10 years | 10 years | ||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 18 [Member] | ||||||||
Face amount | $ 500,000 | $ 500,000 | ||||||
Maturity | Dec. 31, 2024 | Dec. 31, 2024 | ||||||
Interest rate | 8% | 8% | ||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 18 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 75,000 | 75,000 | ||||||
Warrant, exercise price (in dollars per share) | $ 2.21 | $ 2.21 | ||||||
Warrant, term (Year) | 10 years | 10 years | ||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 4 [Member] | ||||||||
Face amount | $ 250,000 | |||||||
Maturity | Aug. 23, 2025 | |||||||
Interest rate | 8% | |||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 4 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 62,500 | |||||||
Warrant, exercise price (in dollars per share) | $ 2.6 | |||||||
Warrant, term (Year) | 10 years | |||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 5 [Member] | ||||||||
Face amount | $ 250,000 | |||||||
Maturity | Aug. 23, 2025 | |||||||
Interest rate | 8% | |||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 5 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 62,500 | |||||||
Warrant, exercise price (in dollars per share) | $ 2.6 | |||||||
Warrant, term (Year) | 10 years | |||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 7 [Member] | ||||||||
Face amount | $ 500,000 | |||||||
Maturity | Aug. 23, 2025 | |||||||
Interest rate | 8% | |||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 7 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 125,000 | |||||||
Warrant, exercise price (in dollars per share) | $ 2.6 | |||||||
Warrant, term (Year) | 10 years | |||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 8 [Member] | ||||||||
Face amount | $ 250,000 | |||||||
Maturity | Aug. 23, 2025 | |||||||
Interest rate | 8% | |||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 8 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 62,500 | |||||||
Warrant, exercise price (in dollars per share) | $ 2.6 | |||||||
Warrant, term (Year) | 10 years | |||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 9 [Member] | ||||||||
Face amount | $ 250,000 | $ 250,000 | ||||||
Maturity | Aug. 23, 2025 | Aug. 23, 2025 | ||||||
Interest rate | 8% | 8% | ||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 9 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 62,500 | 62,500 | ||||||
Warrant, exercise price (in dollars per share) | $ 2.6 | $ 2.6 | ||||||
Warrant, term (Year) | 10 years | 10 years | ||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 11 [Member] | ||||||||
Face amount | $ 250,000 | $ 250,000 | ||||||
Maturity | Aug. 23, 2025 | Aug. 23, 2025 | ||||||
Interest rate | 8% | 8% | ||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 11 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 62,500 | 62,500 | ||||||
Warrant, exercise price (in dollars per share) | $ 2.6 | $ 2.6 | ||||||
Warrant, term (Year) | 10 years | 10 years | ||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 12 [Member] | ||||||||
Face amount | $ 2,000,000 | $ 2,000,000 | ||||||
Maturity | Apr. 08, 2025 | Apr. 08, 2025 | ||||||
Interest rate | 6% | 6% | ||||||
Lyle A. Berman Revocable Trust [Member] | Notes Payable 12 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 500,000 | 500,000 | ||||||
Warrant, exercise price (in dollars per share) | $ 2.35 | $ 2.35 | ||||||
Warrant, term (Year) | 10 years | 10 years | ||||||
Board of Directors Chairman [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, exercise price (in dollars per share) | $ 2.5 | $ 2.6 | ||||||
Warrant, term (Year) | 10 years | 10 years | ||||||
Warrant, redemption price (in dollars per share) | $ 0.01 | |||||||
Required volume weighted average sale price (in dollars per share) | $ 9 | |||||||
Board of Directors Chairman [Member] | Notes Payable 17 [Member] | ||||||||
Face amount | $ 1,500,000 | $ 1,500,000 | ||||||
Maturity | Dec. 31, 2024 | Dec. 31, 2024 | ||||||
Interest rate | 8% | 8% | ||||||
Board of Directors Chairman [Member] | Notes Payable 17 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 225,000 | 225,000 | ||||||
Warrant, exercise price (in dollars per share) | $ 2.21 | $ 2.21 | ||||||
Warrant, term (Year) | 10 years | 10 years | ||||||
Board of Directors Chairman [Member] | Notes Payable 3 [Member] | ||||||||
Face amount | $ 750,000 | |||||||
Maturity | Apr. 25, 2024 | |||||||
Interest rate | 8% | |||||||
Board of Directors Chairman [Member] | Notes Payable 3 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 187,500 | |||||||
Warrant, exercise price (in dollars per share) | $ 2.5 | |||||||
Warrant, term (Year) | 10 years | |||||||
Warrant, redemption price (in dollars per share) | $ 0.01 | |||||||
Required volume weighted average sale price (in dollars per share) | $ 9 | |||||||
Board of Directors Chairman [Member] | Notes Payable 10 [Member] | ||||||||
Face amount | $ 500,000 | $ 500,000 | ||||||
Maturity | Aug. 23, 2025 | Aug. 23, 2025 | ||||||
Interest rate | 8% | 8% | ||||||
Board of Directors Chairman [Member] | Notes Payable 10 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 125,000 | 125,000 | ||||||
Warrant, exercise price (in dollars per share) | $ 2.6 | $ 2.6 | ||||||
Warrant, term (Year) | 10 years | 10 years | ||||||
Director [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 25,000 | 300,000 | ||||||
Warrant, exercise price (in dollars per share) | $ 2.5 | |||||||
Warrant, term (Year) | 10 years | |||||||
Director [Member] | Notes Payable 1 [Member] | ||||||||
Face amount | $ 100,000 | |||||||
Maturity | May 11, 2024 | |||||||
Interest rate | 8% | |||||||
Director [Member] | Notes Payable 1 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, exercise price (in dollars per share) | $ 2.5 | |||||||
Warrant, term (Year) | 10 years | |||||||
Warrant, redemption price (in dollars per share) | $ 0.01 | |||||||
Required volume weighted average sale price (in dollars per share) | $ 9 | |||||||
Former CFO [Member] | Notes Payable 19 [Member] | ||||||||
Face amount | $ 25,000 | $ 25,000 | ||||||
Maturity | Dec. 31, 2024 | Dec. 31, 2024 | ||||||
Interest rate | 8% | 8% | ||||||
Former CFO [Member] | Notes Payable 19 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 3,750 | 3,750 | ||||||
Warrant, exercise price (in dollars per share) | $ 2.21 | $ 2.21 | ||||||
Warrant, term (Year) | 10 years | 10 years | ||||||
Former CFO [Member] | Notes Payable 13 [Member] | ||||||||
Face amount | $ 100,000 | $ 100,000 | ||||||
Maturity | Apr. 08, 2025 | Apr. 08, 2025 | ||||||
Interest rate | 6% | 6% | ||||||
Former CFO [Member] | Notes Payable 13 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 25,000 | 25,000 | ||||||
Warrant, exercise price (in dollars per share) | $ 2.35 | $ 2.35 | ||||||
Warrant, term (Year) | 10 years | 10 years | ||||||
Cesar J. Gutierrez Living Trust [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, redemption price (in dollars per share) | $ 0.01 | |||||||
Required volume weighted average sale price (in dollars per share) | $ 9 | |||||||
Cesar J. Gutierrez Living Trust [Member] | Notes Payable 20 [Member] | ||||||||
Face amount | $ 50,000 | $ 50,000 | ||||||
Maturity | Dec. 31, 2024 | Dec. 31, 2024 | ||||||
Interest rate | 8% | 8% | ||||||
Cesar J. Gutierrez Living Trust [Member] | Notes Payable 20 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 7,500 | 7,500 | ||||||
Warrant, exercise price (in dollars per share) | $ 2.21 | $ 2.21 | ||||||
Warrant, term (Year) | 10 years | 10 years | ||||||
Cesar J. Gutierrez Living Trust [Member] | Notes Payable 2 [Member] | ||||||||
Face amount | $ 50,000 | |||||||
Maturity | Apr. 25, 2024 | |||||||
Interest rate | 8% | |||||||
Cesar J. Gutierrez Living Trust [Member] | Notes Payable 2 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 12,500 | |||||||
Warrant, exercise price (in dollars per share) | $ 2.5 | |||||||
Warrant, term (Year) | 10 years | |||||||
Warrant, redemption price (in dollars per share) | $ 0.01 | |||||||
Required volume weighted average sale price (in dollars per share) | $ 9 | |||||||
Cesar J. Gutierrez Living Trust [Member] | Notes Payable 14 [Member] | ||||||||
Face amount | $ 100,000 | $ 100,000 | ||||||
Maturity | Apr. 08, 2025 | Apr. 08, 2025 | ||||||
Interest rate | 6% | 6% | ||||||
Cesar J. Gutierrez Living Trust [Member] | Notes Payable 14 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 25,000 | 25,000 | ||||||
Warrant, exercise price (in dollars per share) | $ 2.35 | $ 2.35 | ||||||
Warrant, term (Year) | 10 years | 10 years | ||||||
IG Union Bower LLC [Member] | Notes Payable 6 [Member] | ||||||||
Face amount | $ 250,000 | |||||||
Maturity | Aug. 23, 2025 | |||||||
Interest rate | 8% | |||||||
IG Union Bower LLC [Member] | Notes Payable 6 [Member] | Warrants Issued With Promissory Notes [Member] | ||||||||
Warrant, shares (in shares) | 62,500 | |||||||
Warrant, exercise price (in dollars per share) | $ 2.6 | |||||||
Warrant, term (Year) | 10 years |
Note 10 - Notes Payable, Rela_6
Note 10 - Notes Payable, Related Parties - Warrants Value, Option Pricing Model (Details) - Notes Payable Related Parties [Member] | Dec. 31, 2023 | Dec. 31, 2022 |
Measurement Input, Price Volatility [Member] | ||
Weighted average expected volatility | 1.55 | 1.62 |
Measurement Input, Expected Term [Member] | ||
Weighted average expected volatility | 10 | 10 |
Measurement Input, Risk Free Interest Rate [Member] | ||
Weighted average expected volatility | 0.029 | 0.025 |
Measurement Input, Expected Dividend Rate [Member] | ||
Weighted average expected volatility | 0 | 0 |
Note 11 - Notes Payable (Detail
Note 11 - Notes Payable (Details Textual) - Notes Payable [Member] - USD ($) | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Amortization of Debt Issuance Costs and Discounts | $ 202,285 | $ 444,330 |
Interest Expense, Debt | 56,346 | 31,546 |
Stock Based Warrant Expense [Member] | ||
Interest Expense, Debt | $ 164,589 | $ 108,245 |
Note 11 - Notes Payable - Notes
Note 11 - Notes Payable - Notes Payable (Details) - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
Debt discounts | $ 336,085 | |
Nonrelated Party [Member] | ||
Less: current maturities | $ 313,938 | 0 |
Notes payable, related parties, less current maturities | 594,038 | 393,915 |
Notes Payable 1 [Member] | Nonrelated Party [Member] | ||
Notes payable | 400,000 | 0 |
Notes Payable 2 [Member] | Nonrelated Party [Member] | ||
Notes payable | 80,000 | 80,000 |
Notes Payable 3 [Member] | Nonrelated Party [Member] | ||
Notes payable | 500,000 | 500,000 |
Notes Payable 4 [Member] | Nonrelated Party [Member] | ||
Notes payable | 150,000 | 150,000 |
Notes Payable, Other Payables [Member] | Nonrelated Party [Member] | ||
Notes payable | 1,130,000 | 730,000 |
Debt discounts | 222,024 | 336,085 |
Notes payable | 907,976 | 393,915 |
Less: current maturities | 313,938 | 0 |
Notes payable, related parties, less current maturities | $ 594,038 | $ 393,915 |
Note 11 - Notes Payable - Not_2
Note 11 - Notes Payable - Notes Payable (Details) (Parentheticals) - USD ($) | 12 Months Ended | |||||
Dec. 31, 2023 | Dec. 31, 2022 | May 11, 2023 | Apr. 25, 2023 | Aug. 23, 2022 | Dec. 31, 2021 | |
Warrant, exercise price (in dollars per share) | $ 2.5 | $ 2.47 | $ 2.66 | |||
Warrants Issued With Promissory Notes [Member] | ||||||
Warrant, shares (in shares) | 375,000 | 375,000 | 625,000 | |||
Warrant, exercise price (in dollars per share) | $ 2.5 | $ 2.5 | $ 2.6 | |||
Warrant, term (Year) | 10 years | 10 years | 10 years | |||
Nonrelated Party [Member] | Warrants Issued With Promissory Notes [Member] | ||||||
Warrant, redemption price (in dollars per share) | $ 0.01 | |||||
Required volume weighted average sale price (in dollars per share) | $ 9 | |||||
Notes Payable 1 [Member] | Nonrelated Party [Member] | ||||||
Face amount | $ 400,000 | |||||
Maturity | Apr. 25, 2024 | |||||
Interest rate | 8% | |||||
Notes Payable 1 [Member] | Nonrelated Party [Member] | Warrants Issued With Promissory Notes [Member] | ||||||
Warrant, shares (in shares) | 100,000 | |||||
Warrant, exercise price (in dollars per share) | $ 2.5 | |||||
Warrant, term (Year) | 10 years | |||||
Warrant, redemption price (in dollars per share) | $ 0.01 | |||||
Required volume weighted average sale price (in dollars per share) | $ 9 | |||||
Notes Payable 2 [Member] | Nonrelated Party [Member] | ||||||
Face amount | $ 80,000 | $ 80,000 | ||||
Maturity | Apr. 08, 2025 | Apr. 08, 2025 | ||||
Interest rate | 6% | 6% | ||||
Notes Payable 2 [Member] | Nonrelated Party [Member] | Warrants Issued With Promissory Notes [Member] | ||||||
Warrant, shares (in shares) | 20,000 | 20,000 | ||||
Warrant, exercise price (in dollars per share) | $ 2.35 | $ 2.35 | ||||
Warrant, term (Year) | 10 years | 10 years | ||||
Notes Payable 3 [Member] | Nonrelated Party [Member] | ||||||
Face amount | $ 500,000 | $ 500,000 | ||||
Maturity | Apr. 08, 2025 | Apr. 08, 2025 | ||||
Interest rate | 6% | 6% | ||||
Notes Payable 3 [Member] | Nonrelated Party [Member] | Warrants Issued With Promissory Notes [Member] | ||||||
Warrant, shares (in shares) | 125,000 | 125,000 | ||||
Warrant, exercise price (in dollars per share) | $ 2.35 | $ 2.35 | ||||
Warrant, term (Year) | 10 years | 10 years | ||||
Notes Payable 4 [Member] | Nonrelated Party [Member] | ||||||
Face amount | $ 150,000 | $ 150,000 | ||||
Interest rate | 3.75% | 3.75% | ||||
Periodic payment | $ 731 | $ 731 |
Note 11 - Notes Payable - Warra
Note 11 - Notes Payable - Warrants Value, Option Pricing Model (Details) - Notes Payable [Member] | Dec. 31, 2023 | Dec. 31, 2022 |
Measurement Input, Price Volatility [Member] | ||
Weighted average expected volatility | 1.47 | 1.54 |
Measurement Input, Expected Term [Member] | ||
Weighted average expected volatility | 10 | 10 |
Measurement Input, Risk Free Interest Rate [Member] | ||
Weighted average expected volatility | 0.031 | 0.027 |
Measurement Input, Expected Dividend Rate [Member] | ||
Weighted average expected volatility | 0 | 0 |
Note 11 - Notes Payable - Summa
Note 11 - Notes Payable - Summary of Interest Expense on Notes Payable (Details) - USD ($) | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Total interest expense | $ 1,839,749 | $ 1,277,965 |
Notes Payable [Member] | ||
Interest on notes payable, related parties | 56,346 | 31,546 |
Amortization of debt discounts on notes payable, related parties | 1,009,396 | 817,594 |
Amortization of debt discounts on notes payable | 164,590 | 108,245 |
Interest - other | 1,575 | 0 |
Total interest expense | 1,839,749 | 1,277,965 |
Notes Payable [Member] | Related Party [Member] | ||
Interest on notes payable, related parties | 598,340 | 320,580 |
Notes Payable [Member] | Nonrelated Party [Member] | ||
Interest on notes payable, related parties | $ 65,848 | $ 31,546 |
Note 12 - Stockholders' Equity
Note 12 - Stockholders' Equity (Details Textual) - USD ($) | 12 Months Ended | ||||||||
Nov. 20, 2023 | Aug. 25, 2023 | Jun. 01, 2023 | Jul. 22, 2022 | Apr. 20, 2022 | Apr. 11, 2022 | Mar. 25, 2022 | Dec. 31, 2023 | Dec. 31, 2022 | |
Preferred Stock, Shares Authorized (in shares) | 20,000,000 | 20,000,000 | |||||||
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ 0.001 | $ 0.001 | |||||||
Preferred Stock, Shares Issued (in shares) | 0 | 0 | |||||||
Stock Issued During Period, Shares, New Issues (in shares) | 46,669 | 195,000 | |||||||
Proceeds from Issuance of Common Stock | $ 303,348 | $ 975,000 | $ 6,445,848 | $ 0 | |||||
Two Advisory Board [Member] | |||||||||
Stock Issued During Period, Shares, Issued for Services (in shares) | 8,000 | ||||||||
Stock Issued During Period, Value, Issued for Services | $ 20,000 | ||||||||
Advisory Board [Member] | |||||||||
Stock Issued During Period, Value, Issued for Services | $ 10,000 | $ 0 | $ 30,000 | ||||||
Stock Issued During Period, Shares, Other (in shares) | 4,255 | ||||||||
Five Directors [Member] | |||||||||
Stock Issued During Period, Shares, Issued for Services (in shares) | 21,095 | ||||||||
Stock Issued During Period, Value, Issued for Services | $ 125,230 | ||||||||
Mr. Creed [Member] | |||||||||
Stock Issued During Period, Value, Issued for Services | $ 25,000 | ||||||||
Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture (in shares) | 6,410 | ||||||||
Mr. Mueller [Member] | |||||||||
Stock Issued During Period, Value, Issued for Services | $ 24,998 | ||||||||
Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture (in shares) | 8,064 | ||||||||
Stock Purchase Agreement November 20, 2023 [Member] | |||||||||
Stock Issued During Period, Shares, New Issues (in shares) | 426,288 | ||||||||
Proceeds from Issuance of Common Stock | $ 2,770,848 | ||||||||
Stock Purchase Agreement November 20, 2023 [Member] | Officers and Directors [Member] | |||||||||
Stock Issued During Period, Shares, New Issues (in shares) | 46,669 | ||||||||
Proceeds from Issuance of Common Stock | $ 303,348 | ||||||||
Stock Purchase Agreement August 2023 [Member] | |||||||||
Stock Issued During Period, Shares, New Issues (in shares) | 735,000 | ||||||||
Proceeds from Issuance of Common Stock | $ 3,675,000 | ||||||||
Stock Purchase Agreement August 2023 [Member] | Officers and Directors [Member] | |||||||||
Stock Issued During Period, Shares, New Issues (in shares) | 195,000 | ||||||||
Proceeds from Issuance of Common Stock | $ 975,000 |
Note 13 - Options (Details Text
Note 13 - Options (Details Textual) | 1 Months Ended | 12 Months Ended | |||||||||||||||
Dec. 15, 2023 USD ($) $ / shares shares | Nov. 13, 2023 USD ($) $ / shares shares | Jun. 05, 2023 USD ($) $ / shares shares | Jul. 22, 2022 USD ($) $ / shares shares | Apr. 11, 2022 USD ($) $ / shares shares | Apr. 02, 2022 USD ($) $ / shares shares | Apr. 01, 2022 USD ($) $ / shares shares | Mar. 30, 2022 USD ($) $ / shares shares | Mar. 25, 2022 USD ($) $ / shares shares | Nov. 30, 2023 USD ($) $ / shares shares | Jul. 31, 2023 USD ($) $ / shares shares | Dec. 31, 2022 $ / shares shares | Jul. 22, 2022 | Dec. 31, 2023 USD ($) $ / shares shares | Dec. 31, 2022 USD ($) $ / shares shares | Jan. 08, 2024 shares | Dec. 31, 2021 shares | |
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number (in shares) | 590,991 | 2,620,813 | 590,991 | 541,187 | |||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 23.55 | $ 2.99 | |||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares) | 2,050,905 | 137,597 | |||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Expirations in Period (in shares) | 21,083 | 87,793 | |||||||||||||||
Nineteen Employees and Consultants [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 46,405 | ||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 3.66 | ||||||||||||||||
Share-Based Payment Arrangement, Option [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number (in shares) | 590,991 | 2,260,813 | 590,991 | ||||||||||||||
Option Indexed to Issuer's Equity, Strike Price (in dollars per share) | $ / shares | $ 19.38 | $ 4.53 | |||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term (Year) | 6 years 7 months 6 days | 8 years 1 month 6 days | |||||||||||||||
Share-Based Payment Arrangement, Noncash Expense | $ | $ 711,068 | $ 782,081 | |||||||||||||||
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount | $ | $ 14,625,420 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures in Period (in shares) | 21,083 | 87,793 | |||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Forfeitures in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 2.84 | $ 7.11 | |||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Expirations in Period (in shares) | 0 | 0 | |||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period (in shares) | 0 | 0 | |||||||||||||||
Share-Based Payment Arrangement, Option [Member] | Mr. Goldfarb [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 500,000 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Weighted Average Volatility Rate | 97% | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Call Option Value | 5.84 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Grant Date Fair Value | $ | $ 5,544,200 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate | 3.90% | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year) | 2 years 3 months 18 days | ||||||||||||||||
Share-Based Payment Arrangement, Option [Member] | Mr. Goldfarb [Member] | Additional Options Pursuant To A&R Employment Agreement [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 500,000 | ||||||||||||||||
Share-Based Payment Arrangement, Option [Member] | Mrs Goldfarb [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 450,000 | ||||||||||||||||
Share-Based Payment Arrangement, Option [Member] | Mrs Goldfarb [Member] | Additional Options Pursuant To A&R Employment Agreement [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 450,000 | ||||||||||||||||
Share-Based Payment Arrangement, Option [Member] | Mr. and Mrs. Goldfarb [Member] | |||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 9.75 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Weighted Average Volatility Rate | 97% | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Call Option Value | 8.15 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Grant Date Fair Value | $ | $ 7,752,000 | ||||||||||||||||
Share-Based Payment Arrangement, Option [Member] | Keith Terreri [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 27,000 | ||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 6.19 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Call Option Value | 5.12 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Grant Date Fair Value | $ | $ 138,240 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate | 97% | ||||||||||||||||
Share-Based Payment Arrangement, Option [Member] | Five Employees [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 61,500 | ||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 8.21 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Weighted Average Volatility Rate | 97% | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Call Option Value | 6.77 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Grant Date Fair Value | $ | $ 416,245 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Expiration Period (Year) | 10 years | ||||||||||||||||
Share-Based Payment Arrangement, Option [Member] | Five Employees [Member] | Share-Based Payment Arrangement, Tranche One [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage | 60% | ||||||||||||||||
Share-Based Payment Arrangement, Option [Member] | Five Employees [Member] | Share-Based Payment Arrangement, Tranche Two [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage | 20% | ||||||||||||||||
Share-Based Payment Arrangement, Option [Member] | Three Employees [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 16,000 | ||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 2.75 | $ 4.61 | |||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Weighted Average Volatility Rate | 90% | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Call Option Value | 2.95 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Grant Date Fair Value | $ | $ 47,182 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate | 407% | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Expiration Period (Year) | 10 years | 10 years | 10 years | ||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares) | 19,436 | ||||||||||||||||
Call Option Value | $ | $ 51,380 | ||||||||||||||||
Share-Based Payment Arrangement, Noncash Expense | $ | $ 7,096 | ||||||||||||||||
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount | $ | $ 26,756 | ||||||||||||||||
Share-Based Payment Arrangement, Option [Member] | Three Employees [Member] | Share-Based Payment Arrangement, Tranche One [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage | 60% | 60% | 60% | ||||||||||||||
Share-Based Payment Arrangement, Option [Member] | Three Employees [Member] | Share-Based Payment Arrangement, Tranche Two [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage | 20% | 20% | 20% | ||||||||||||||
Share-Based Payment Arrangement, Option [Member] | Nineteen Employees and Consultants [Member] | |||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 2.75 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Weighted Average Volatility Rate | 84.20% | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Call Option Value | 3.66 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Grant Date Fair Value | $ | $ 170,028 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate | 406% | 406% | |||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Expiration Period (Year) | 10 years | 10 years | |||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares) | 35,977 | ||||||||||||||||
Call Option Value | $ | $ 95,099 | ||||||||||||||||
Share-Based Payment Arrangement, Option [Member] | Nineteen Employees and Consultants [Member] | Share-Based Payment Arrangement, Tranche One [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year) | 3 years | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage | 60% | 60% | |||||||||||||||
Share-Based Payment Arrangement, Option [Member] | Nineteen Employees and Consultants [Member] | Share-Based Payment Arrangement, Tranche Two [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage | 20% | 20% | |||||||||||||||
Stock Option1 [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Call Option Value | 3.62 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate | 137% | ||||||||||||||||
Call Option Value | $ | $ 87,346 | ||||||||||||||||
Stock Option1 [Member] | Mr. Creed [Member] | |||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 3.9 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares) | 24,151 | ||||||||||||||||
Share-Based Goods and Nonemployee Services Transaction, Valuation Method, Risk Free Interest Rate | 20% | ||||||||||||||||
Stock Option2 [Member] | |||||||||||||||||
Call Option Value | $ | $ 71,423 | ||||||||||||||||
Stock Option2 [Member] | Mr. Mueller [Member] | |||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 3.1 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares) | 24,151 | ||||||||||||||||
Share-Based Goods and Nonemployee Services Transaction, Valuation Method, Risk Free Interest Rate | 20% | ||||||||||||||||
Stock Option4 [Member] | |||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 2.75 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate | 406% | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares) | 27,500 | ||||||||||||||||
Call Option Value | $ | $ 72,692 | ||||||||||||||||
Share-Based Payment Arrangement, Noncash Expense | $ | $ 72,692 | 72,692 | |||||||||||||||
Stock Option4 [Member] | Mr Burke [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Accelerated Vesting, Number (in shares) | 47,500 | ||||||||||||||||
Shares Issued, Price Per Share (in dollars per share) | $ / shares | $ 4.87 | $ 4.87 | |||||||||||||||
Stock Option6 [Member] | |||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 2.35 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate | 406% | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares) | 6,382 | ||||||||||||||||
Call Option Value | $ | $ 14,413 | ||||||||||||||||
Share-Based Payment Arrangement, Noncash Expense | $ | $ 2,220 | ||||||||||||||||
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount | $ | $ 12,193 | ||||||||||||||||
The 2020 Plan [Member] | Subsequent Event [Member] | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares) | 2,150,000 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares) | 2,272,954 |
Note 13 - Options - Schedule of
Note 13 - Options - Schedule of Options Outstanding and Exercisable (Details) - $ / shares | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Options Outstanding (in shares) | 2,620,813 | 590,991 | 541,187 |
Range of Exercise Price, Lower (in dollars per share) | $ 2.35 | $ 2.35 | |
Range of Exercise Price, Upper (in dollars per share) | $ 195 | $ 195 | |
Weighted Average Remaining Contractual Life (Year) | 6 years 7 months 6 days | 8 years 1 month 6 days | |
Weighted Average Exercise Price (in dollars per share) | $ 19.38 | $ 4.53 | $ 6.77 |
Options Exercisable (in shares) | 271,259 | 160,199 | |
Weighted Average Exercise Price Exercisable (in dollars per share) | $ 4.69 | $ 5.02 |
Note 13 - Options - Options Act
Note 13 - Options - Options Activity (Details) - USD ($) | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Options outstanding (in shares) | 590,991 | 541,187 |
Options outstanding, exercise price (in dollars per share) | $ 4.53 | $ 6.77 |
Options granted (in shares) | 2,050,905 | 137,597 |
Options granted, exercise price (in dollars per share) | $ 23.55 | $ 2.99 |
Options cancelled (in shares) | (21,083) | (87,793) |
Options cancelled, exercise price (in dollars per share) | $ (2.84) | $ (7.11) |
Options outstanding (in shares) | 2,620,813 | 590,991 |
Options outstanding, exercise price (in dollars per share) | $ 19.38 | $ 4.53 |
Options outstanding, intrinsic value | $ 50,802,052 | $ 2,677,189 |
Options Exercisable (in shares) | 271,259 | 160,199 |
Weighted Average Exercise Price Exercisable (in dollars per share) | $ 4.69 | $ 5.02 |
Exercisable, intrinsic value | $ 1,272,205 |
Note 14 - Warrants (Details Tex
Note 14 - Warrants (Details Textual) - USD ($) | 12 Months Ended | ||||||||
May 11, 2023 | Apr. 25, 2023 | Apr. 11, 2023 | Dec. 21, 2022 | Aug. 23, 2022 | Apr. 08, 2022 | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Class of Warrant or Right, Outstanding (in shares) | 2,291,250 | 1,591,250 | 417,550 | ||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ 2.5 | $ 2.47 | $ 2.66 | ||||||
Class of Warrant or Right, Weighted Average Life (Year) | 8 years 6 months 3 days | ||||||||
Proceeds from Sale of Debt and Warrants | $ 2,250,000 | ||||||||
Class of Warrants or Rights, Expiration in Period (in shares) | 0 | 1,300 | |||||||
Class of Warrant or Right, Expired, Exercise Price (in dollars per share) | $ 0 | $ 3 | |||||||
Warrants Issued With Promissory Notes [Member] | |||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ 2.5 | $ 2.5 | $ 2.6 | ||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | 375,000 | 375,000 | 625,000 | ||||||
Warrants and Rights Outstanding, Term (Year) | 10 years | 10 years | 10 years | ||||||
Class of Warrant or Right, Number Per $100,000 Notes Payable (in shares) | 25,000 | 25,000 | 25,000 | ||||||
Warrants Issued With Promissory Notes 3 [Member] | |||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ 2.35 | ||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | 925,000 | ||||||||
Proceeds from Issuance of Debt | $ 3,700,000 | ||||||||
Class of Warrant or Right, Issued During the Period (in shares) | 780,000 | ||||||||
Director [Member] | Warrants Issued With Promissory Notes [Member] | |||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ 2.5 | ||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | 25,000 | 300,000 | |||||||
Warrants and Rights Outstanding, Term (Year) | 10 years | ||||||||
Promissory Notes Sold | $ 1,200,000 | ||||||||
Cesar J. Gutierrez Living Trust [Member] | Warrants Issued With Promissory Notes [Member] | |||||||||
Class of Warrant or Right, Number Per $100,000 Notes Payable (in shares) | 25,000 | ||||||||
Class of Warrant or Right, Redemption Price (in dollars per share) | $ 0.01 | ||||||||
Class of Warrant or Right, Redemption, Minimum Volume Weighted Average Sale Price (in dollars per share) | $ 9 | ||||||||
Board of Directors Chairman [Member] | Warrants Issued With Promissory Notes [Member] | |||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ 2.5 | $ 2.6 | |||||||
Warrants and Rights Outstanding, Term (Year) | 10 years | 10 years | |||||||
Class of Warrant or Right, Number Per $100,000 Notes Payable (in shares) | 25,000 | ||||||||
Class of Warrant or Right, Redemption Price (in dollars per share) | $ 0.01 | ||||||||
Class of Warrant or Right, Redemption, Minimum Volume Weighted Average Sale Price (in dollars per share) | $ 9 | ||||||||
Nonrelated Party [Member] | Warrants Issued With Promissory Notes [Member] | |||||||||
Class of Warrant or Right, Number Per $100,000 Notes Payable (in shares) | 25,000 | ||||||||
Class of Warrant or Right, Redemption Price (in dollars per share) | $ 0.01 | ||||||||
Class of Warrant or Right, Redemption, Minimum Volume Weighted Average Sale Price (in dollars per share) | $ 9 | ||||||||
Nonrelated Party [Member] | Promissory Note 2 Directors [Member] | |||||||||
Proceeds from Sale of Debt and Warrants | $ 800,000 | ||||||||
Nonrelated Party [Member] | Promissory Note 1 Accredited Investor [Member] | |||||||||
Proceeds from Sale of Debt and Warrants | 400,000 | ||||||||
Lyle A. Berman Revocable Trust [Member] | Warrants Issued With Promissory Notes [Member] | |||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ 2.6 | ||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | 62,500 | ||||||||
Warrants and Rights Outstanding, Term (Year) | 10 years | 10 years | |||||||
Class of Warrant or Right, Number Per $100,000 Notes Payable (in shares) | 25,000 | 25,000 | |||||||
Class of Warrant or Right, Redemption Price (in dollars per share) | $ 0.01 | $ 0.01 | |||||||
Class of Warrant or Right, Redemption, Minimum Volume Weighted Average Sale Price (in dollars per share) | $ 9 | $ 9 | |||||||
Proceeds from Issuance of Debt | $ 250,000 | ||||||||
Related Party [Member] | Warrants Issued With Promissory Notes [Member] | |||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ 2.21 | ||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | 311,250 | ||||||||
Warrants and Rights Outstanding, Term (Year) | 10 years | ||||||||
Class of Warrant or Right, Number Per $100,000 Notes Payable (in shares) | 15,000 | ||||||||
Proceeds from Issuance of Debt | $ 2,075,000 | ||||||||
Warrants Related Debt [Member] | |||||||||
Amortization of Debt Discount (Premium) | $ 1,173,986 | $ 925,839 | |||||||
Promissory Notes and Warrants [Member] | |||||||||
Proceeds from Issuance of Debt | $ 1,500,000 | 1,500,000 | $ 2,500,000 | ||||||
Promissory Notes and Warrants [Member] | Maximum [Member] | |||||||||
Debt Instrument, Face Amount | $ 2,500,000 | ||||||||
Promissory Notes and Warrants [Member] | Director [Member] | |||||||||
Proceeds from Issuance of Debt | $ 100,000 | ||||||||
Promissory Notes and Warrants [Member] | Cesar J. Gutierrez Living Trust [Member] | |||||||||
Proceeds from Issuance of Debt | 50,000 | ||||||||
Promissory Notes and Warrants [Member] | Board of Directors Chairman [Member] | |||||||||
Proceeds from Issuance of Debt | $ 750,000 | ||||||||
Promissory Notes and Warrants [Member] | Lyle A. Berman Revocable Trust [Member] | |||||||||
Proceeds from Issuance of Debt | $ 250,000 |
Note 14 - Warrants - Warrant Ac
Note 14 - Warrants - Warrant Activity (Details) - $ / shares | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Balance (in shares) | 1,591,250 | 417,550 |
Balance, exercise price (in dollars per share) | $ 2.47 | $ 2.66 |
Warrants granted (in shares) | 700,000 | 1,175,000 |
Warrants granted, exercise price (in dollars per share) | $ 2.55 | $ 2.4 |
Warrants expired (in shares) | 0 | (1,300) |
Warrants expired, exercise price (in dollars per share) | $ 0 | $ (3) |
Balance (in shares) | 2,291,250 | 1,591,250 |
Balance, exercise price (in dollars per share) | $ 2.5 | $ 2.47 |
Exercisable, December 31, 2023 (in shares) | 2,291,250 | |
Exercisable, exercise price (in dollars per share) | $ 2.5 |
Note 15 - Earnings Per Share -
Note 15 - Earnings Per Share - Summary of Earnings Per Share (Details) - USD ($) | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Net income (loss) attributable to common shareholders | $ (3,060,433) | $ (12,127,068) |
Basic weighted average shares (in shares) | 5,168,339 | 4,835,389 |
Basic income and diluted loss per share (in dollars per share) | $ (0.59) | $ (2.51) |
Note 15 - Earnings Per Share _2
Note 15 - Earnings Per Share - Summary of Stock Options and Warrants Outstanding (Details) - $ / shares | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Average price of common stock (in dollars per share) | $ 5.37 | $ 4.06 |
Weighted Average [Member] | ||
Weighted average stock options (in shares) | 1,060,717 | 600,796 |
Weighted average price of stock options (in dollars per share) | $ 19.38 | $ 4.81 |
Weighted average warrants (in shares) | 2,084,994 | 1,010,337 |
Weighted average price of warrants (in dollars per share) | $ 2.5 | $ 2.47 |
Note 16 - Income Taxes (Details
Note 16 - Income Taxes (Details Textual) - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
Operating Loss Carryforwards | $ 44,720,255 | |
Deferred Tax Assets, Valuation Allowance | 12,984,109 | $ 15,517,441 |
Tax Cuts and Jobs Act [Member] | ||
Operating Loss Carryforwards | $ 18,966,124 |
Note 16 - Income Taxes - Effect
Note 16 - Income Taxes - Effective Income Tax Reconciliation (Details) | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Federal statutory income tax rate | 21% | 21% |
State income taxes | 0% | 0% |
Permanent differences | (0.21%) | 0.10% |
Change in effective state income tax rate | 0% | 0% |
True up prior year tax return | 0.06% | (0.50%) |
Change in valuation allowance | (20.85%) | (20.60%) |
Net effective income tax rate | 0% | 0% |
Note 16 - Income Taxes - Schedu
Note 16 - Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
Federal and state net operating loss carryovers | $ 9,391,254 | $ 8,681,830 |
Stock compensation | 2,578,060 | 862,079 |
Stock-based debt discounts | 440,963 | 925,839 |
Goodwill and intangibles | 1,106,693 | 5,197,470 |
Reorganization costs | 28,135 | 0 |
Allowance for bad debts | 132 | |
Total deferred tax assets | 13,545,237 | 15,667,218 |
Property and equipment | (561,128) | (149,777) |
Total deferred liabilities | (561,128) | (149,777) |
Net deferred tax assets (liabilities) | 12,984,109 | 15,517,441 |
Less: valuation allowance | (12,984,109) | (15,517,441) |
Deferred tax assets (liabilities) | $ 0 | $ 0 |
Note 17 - Subsequent Events (De
Note 17 - Subsequent Events (Details Textual) - USD ($) | 12 Months Ended | |||||||||
Mar. 02, 2024 | Feb. 09, 2024 | Jan. 11, 2024 | Jan. 05, 2024 | Dec. 15, 2023 | Dec. 31, 2023 | Dec. 31, 2022 | Feb. 15, 2024 | Feb. 01, 2024 | Jan. 08, 2024 | |
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares) | 2,050,905 | 137,597 | ||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ 23.55 | $ 2.99 | ||||||||
Common Stock, Par or Stated Value Per Share (in dollars per share) | $ 0.001 | $ 0.001 | ||||||||
Lease Agreement in Dallas, Texas [Member] | ||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year) | 5 years | |||||||||
The 2020 Plan [Member] | Subsequent Event [Member] | ||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares) | 2,150,000 | |||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares) | 2,272,954 | |||||||||
Plan of Conversion [Member] | Subsequent Event [Member] | ||||||||||
Common Stock, Par or Stated Value Per Share (in dollars per share) | $ 0.0001 | |||||||||
The 2024 Plan [Member] | Subsequent Event [Member] | ||||||||||
Common Stock, Capital Shares Reserved for Future Issuance (in shares) | 3,000,000 | |||||||||
Sublease Agreement [Member] | Subsequent Event [Member] | ||||||||||
Fixed Rent Price, Per Month | $ 5,250 | |||||||||
Mr. Shensky [Member] | Non Employee Director Compensation Plan [Member] | Subsequent Event [Member] | ||||||||||
Employee Benefits and Share-Based Compensation | $ 25,000 | |||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period (in shares) | 1,233 | |||||||||
Keith Terreri [Member] | Terreri Employment Agreement [Member] | Subsequent Event [Member] | ||||||||||
Annual Base Salary | $ 270,000 | |||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures (in shares) | 27,000 | |||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested, Number of Shares (in shares) | 0 | |||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested Options Forfeited, Number of Shares (in shares) | 27,000 | |||||||||
Mr. Goldfarb [Member] | A and R Employment Agreements [Member] | ||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares) | 500,000 | |||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ 9.75 | |||||||||
Mrs Goldfarb [Member] | A and R Employment Agreements [Member] | ||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares) | 450,000 | |||||||||
Five Nonemployee Directors [Member] | Subsequent Event [Member] | ||||||||||
Stock Issued During Period, Shares, Issued for Services (in shares) | 7,060 | |||||||||
Stock Issued During Period, Value, Issued for Services | $ 56,480 | |||||||||
Five Non Employee Directors and Three Advisory Directors [Member] | Subsequent Event [Member] | ||||||||||
Stock Issued During Period, Shares, Issued for Services (in shares) | 23,534 | |||||||||
Stock Issued During Period, Value, Issued for Services | $ 519,280 |