7Baggers
Quarterly
Annual
    Unit: USD2024-03-31 2023-12-31 
      
    		  
      assets
    		  
      current assets
    		  
      cash
    		225,000 346,000 
      accounts receivable
    		8,035,000 7,892,000 
      inventory
    		29,359,000 29,851,000 
      prepaid expenses and other current assets
    		345,000 297,000 
      contract costs receivable
    		296,000 296,000 
      prepaid taxes
    		37,000 37,000 
      total current assets
    		38,297,000 38,719,000 
      property and equipment
    		8,031,000 8,048,000 
      finance lease right-of-use assets
    		932,000  
      operating lease right-of-use assets
    		1,704,000  
      deferred financing costs, net, deposits and other assets
    		1,298,000 1,112,000 
      total assets
    		50,262,000 50,715,000 
      liabilities and stockholders’ equity
    		  
      current liabilities
    		  
      debt
    		16,309,000 16,036,000 
      accounts payable and accrued expenses
    		6,275,000 6,091,000 
      operating lease liabilities
    		907,000 880,000 
      deferred gain on sale – leaseback
    		38,000 67,000 
      customer deposits
    		3,158,000 3,557,000 
      total current liabilities
    		26,687,000 26,602,000 
      long term liabilities
    		  
      subordinated notes - related party
    		6,162,000 6,162,000 
      total liabilities
    		35,716,000 35,525,000 
      commitments and contingencies
    		  
      stockholders’ equity
    		  
      preferred stock, par value .001 - authorized 3,000,000 shares, 0 shares outstanding, at both march 31, 2024 and december 31, 2023.
    		  
      common stock - par value .001 - authorized 6,000,000 shares, 3,315,368 and 3,303,045 shares issued and outstanding as of march 31, 2024 and december 31, 2023, respectively
    		3,000  
      additional paid-in capital
    		82,990,000 82,928,000 
      accumulated deficit
    		-68,447,000 -67,741,000 
      total stockholders’ equity
    		14,546,000 15,190,000 
      total liabilities and stockholders’ equity
    		50,262,000 50,715,000 
      finance lease right-of-use-assets
    		 970,000 
      operating lease right-of-use-assets
    		 1,866,000 
      deferred gain on sale - leaseback
    		 38,000 
      preferred stock, par value .001 - authorized 3,000,000 shares, 0 shares outstanding, at both december 31, 2023 and december 31, 2022.
    		  
      common stock - par value .001 - authorized 6,000,000 shares, 3,303,045 and 3,247,937 shares issued and outstanding at december 31, 2023 and december 31, 2022, respectively
    		 3,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.