| | |
Page
|
| |||
Prospectus Summary
|
| | | | 1 | | |
Risk Factors
|
| | | | 6 | | |
有關前瞻性陳述的特別説明
|
| | | | 24 | | |
Use of Proceeds
|
| | | | 25 | | |
Dividend Policy
|
| | | | 26 | | |
普通股和相關股東事項的市場價格和股息
|
| | | | 27 | | |
選定的財務數據
|
| | | | 28 | | |
未經審計的預計合併財務信息
|
| | | | 29 | | |
管理層對財務狀況和經營成果的討論和分析
|
| | | | 35 | | |
業務描述
|
| | | | 46 | | |
董事和高管
|
| | | | 56 | | |
高管薪酬
|
| | | | 60 | | |
某些關係和相關交易以及董事獨立性
|
| | | | 65 | | |
某些受益所有者和管理層的安全所有權
|
| | | | 67 | | |
股本説明
|
| | | | 69 | | |
Selling Stockholders
|
| | | | 84 | | |
Plan of Distribution
|
| | | | 86 | | |
Legal Matters
|
| | | | 88 | | |
Experts
|
| | | | 88 | | |
您可以在哪裏找到更多信息
|
| | | | 88 | | |
Financial Statements
|
| | | | F-1 | | |
普通股季度結束
|
| |
High
|
| |
Low
|
| ||||||
September 30, 2022
|
| | | $ | 22.79 | | | | | $ | 8.29 | | |
December 31, 2022
|
| | | $ | 12.98 | | | | | $ | 3.21 | | |
March 31, 2023 (through January 23, 2023)
|
| | | $ | 4.27 | | | | | $ | 2.38 | | |
截至本季度的A類認股權證
|
| |
High
|
| |
Low
|
| ||||||
September 30, 2022
|
| | | $ | 29.00 | | | | | $ | 3.00 | | |
December 31, 2022
|
| | | $ | 17.00 | | | | | $ | 0.71 | | |
March 31, 2023 (through January 23, 2023)
|
| | | $ | 2.24 | | | | | $ | 1.76 | | |
| | |
Year Ended December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
Net revenues
|
| | | $ | 7,584,859 | | | | | $ | 5,239,437 | | |
Cost of net revenues
|
| | | | 4,689,200 | | | | | | 4,685,755 | | |
Gross profit
|
| | | | 2,895,659 | | | | | | 553,682 | | |
Operating expenses
|
| | | | 34,244,317 | | | | | | 9,701,572 | | |
Operating loss
|
| | | | (31,348,658) | | | | | | (9,147,890) | | |
Other expenses
|
| | | | (2,109,419) | | | | | | (1,566,764) | | |
所得税撥備前虧損
|
| | | | (33,458,077) | | | | | | (10,714,654) | | |
所得税福利(準備金)
|
| | | | 1,100,120 | | | | | | (13,641) | | |
Net loss
|
| | | $ | (32,357,957) | | | | | | (10,728,295) | | |
| | |
As of
December 31, 2021 |
| |||
Total cash
|
| | | $ | 528,394 | | |
Total current assets
|
| | | | 4,776,334 | | |
Total assets
|
| | | | 36,485,224 | | |
流動負債總額,包括長期債務的流動部分
|
| | | | 35,047,266 | | |
長期債務總額
|
| | | | 8,527,739 | | |
Total liabilities
|
| | | | 43,575,005 | | |
股東虧損總額
|
| | | | (7,089,781) | | |
總負債和股東權益
|
| | | $ | 36,485,224 | | |
| | |
DBG
|
| |
Sundry
|
| |
Total
|
| |
Pro Forma
Adjustments |
| | | | |
Pro Forma
Combined |
| |||||||||||||||
Net revenues
|
| | | $ | 10,595,933 | | | | | $ | 11,868,420 | | | | | $ | 22,464,353 | | | | | $ | — | | | | | | | | $ | 22,464,353 | | |
Cost of net revenues
|
| | | | 5,298,011 | | | | | | 7,230,186 | | | | | | 12,528,197 | | | | | | — | | | | | | | | | 12,528,197 | | |
Gross profit
|
| | | | 5,297,922 | | | | | | 4,638,234 | | | | | | 9,936,156 | | | | | | — | | | | | | | | | 9,936,156 | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
一般和行政
|
| | | | 13,226,308 | | | | | | 2,682,642 | | | | | | 15,908,950 | | | | | | 602,057 | | | |
(a)
|
| | | | 16,511,007 | | |
Sales and marketing
|
| | | | 3,971,280 | | | | | | 2,260,763 | | | | | | 6,232,043 | | | | | | — | | | | | | | | | 6,232,043 | | |
Distribution
|
| | | | 522,510 | | | | | | 731,545 | | | | | | 1,254,055 | | | | | | — | | | | | | | | | 1,254,055 | | |
或有對價的公允價值變動
|
| | | | 6,418,355 | | | | | | — | | | | | | 6,418,355 | | | | | | — | | | | | | | | | 6,418,355 | | |
總運營費用
|
| | | | 24,138,453 | | | | | | 5,674,950 | | | | | | 29,813,403 | | | | | | 602,057 | | | | | | | | | 30,415,460 | | |
Loss from operations
|
| | | | (18,840,531) | | | | | | (1,036,716) | | | | | | (19,877,247) | | | | | | (602,057) | | | | | | | | | (20,479,304) | | |
Other income (expense): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest expense
|
| | | | (6,050,492) | | | | | | (43,876) | | | | | | (6,094,368) | | | | | | (110,000) | | | |
(c)
|
| | | | (6,204,368) | | |
其他營業外收入(費用)
|
| | | | 2,629,685 | | | | | | — | | | | | | 2,629,685 | | | | | | — | | | | | | | | | 2,629,685 | | |
其他收入(費用)合計,淨額
|
| | | | (3,420,807) | | | | | | (43,876) | | | | | | (3,464,683) | | | | | | (110,000) | | | | | | | | | (3,574,683) | | |
所得税優惠(規定)
|
| | | | — | | | | | | (800) | | | | | | (800) | | | | | | — | | | | | | | | | (800) | | |
Net income (loss)
|
| | | $ | (22,261,338) | | | | | $ | (1,081,392) | | | | | $ | (23,342,730) | | | | | $ | (712,057) | | | | | | | | $ | (24,054,787) | | |
| | |
DBG
|
| |
H&J
|
| |
Stateside
|
| |
Sundry
|
| |
Total
|
| |
Pro Forma
Adjustments |
| | | | |
Pro Forma
Combined |
| |||||||||||||||||||||
Net revenues
|
| | | $ | 7,584,859 | | | | | $ | 980,261 | | | | | $ | 3,269,481 | | | | | $ | 22,800,825 | | | | | $ | 34,635,426 | | | | | $ | — | | | | | | | | $ | 34,635,426 | | |
Cost of net revenues
|
| | | | 4,689,200 | | | | | | 350,004 | | | | | | 1,194,693 | | | | | | 13,638,553 | | | | | | 19,872,450 | | | | | | — | | | | | | | | | 19,872,450 | | |
Gross profit
|
| | | | 2,895,659 | | | | | | 630,257 | | | | | | 2,074,788 | | | | | | 9,162,271 | | | | | | 14,762,976 | | | | | | — | | | | | | | | | 14,762,976 | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
一般和行政
|
| | | | 17,779,903 | | | | | | 410,891 | | | | | | 1,147,168 | | | | | | 3,201,811 | | | | | | 22,539,773 | | | | | | 6,197,028 | | | |
(a)
|
| | | | 28,736,800 | | |
Sales and marketing
|
| | | | 3,810,583 | | | | | | 349,338 | | | | | | 514,742 | | | | | | 4,374,667 | | | | | | 9,049,330 | | | | | | — | | | | | | | | | 9,049,330 | | |
Distribution
|
| | | | 489,371 | | | | | | — | | | | | | 115,286 | | | | | | 1,080,964 | | | | | | 1,685,621 | | | | | | — | | | | | | | | | 1,685,621 | | |
無形資產減值準備
|
| | | | 3,400,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | 3,400,000 | | | | | | — | | | | | | | | | 3,400,000 | | |
或有對價的公允價值變動
|
| | | | 8,764,460 | | | | | | — | | | | | | — | | | | | | — | | | | | | 8,764,460 | | | | | | — | | | | | | | | | 8,764,460 | | |
總運營費用
|
| | | | 34,244,317 | | | | | | 760,229 | | | | | | 1,777,195 | | | | | | 8,657,442 | | | | | | 45,439,184 | | | | | | 6,197,028 | | | | | | | | | 51,636,212 | | |
Loss from operations
|
| | | | (31,348,658) | | | | | | (129,972) | | | | | | 297,593 | | | | | | 504,829 | | | | | | (30,676,207) | | | | | | (6,197,028) | | | | | | | | | (36,873,235) | | |
Other income (expense): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest expense
|
| | | | (3,663,921) | | | | | | (33,668) | | | | | | — | | | | | | (70,018) | | | | | | (3,767,607) | | | | | | (1,344,000) | | | |
(b)
|
| | | | (5,111,607) | | |
其他營業外收入(費用)
|
| | | | 1,554,502 | | | | | | — | | | | | | (12,494) | | | | | | 1,319,899 | | | | | | 2,861,907 | | | | | | (1,319,899) | | | |
(c)
|
| | | | 1,542,008 | | |
其他收入(費用)合計,淨額
|
| | | | (2,109,419) | | | | | | (33,668) | | | | | | (12,494) | | | | | | 1,249,881 | | | | | | (905,699) | | | | | | (2,663,899) | | | | | | | | | (3,569,598) | | |
所得税優惠(規定)
|
| | | | 1,100,120 | | | | | | — | | | | | | — | | | | | | (800) | | | | | | 1,099,320 | | | | | | — | | | | | | | | | 1,099,320 | | |
Net income (loss)
|
| | | $ | (32,357,957) | | | | | $ | (163,640) | | | | | $ | 285,099 | | | | | $ | 1,753,911 | | | | | $ | (30,482,587) | | | | | $ | (8,860,927) | | | | | | | | $ | (39,343,514) | | |
| | |
DBG
|
| |
Sundry
|
| |
Total
|
| |
Pro Forma
Adjustments |
| | | | |
Pro Forma
Combined |
| |||||||||||||||
ASSETS | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Current assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
現金和現金等價物
|
| | | $ | 195,399 | | | | | $ | 762,607 | | | | | $ | 958,006 | | | | | $ | — | | | | | | | | $ | 958,006 | | |
Accounts receivable, net
|
| | | | 378,455 | | | | | | 238,779 | | | | | | 617,234 | | | | | | — | | | | | | | | | 617,234 | | |
Due from factor, net
|
| | | | 638,781 | | | | | | 416,226 | | | | | | 1,055,007 | | | | | | — | | | | | | | | | 1,055,007 | | |
Inventory
|
| | | | 2,655,352 | | | | | | 4,003,153 | | | | | | 6,658,505 | | | | | | — | | | | | | | | | 6,658,505 | | |
預付費用和其他流動資產
|
| | | | 940,334 | | | | | | 170,602 | | | | | | 1,110,936 | | | | | | — | | | | | | | | | 1,110,936 | | |
Total current assets
|
| | | | 4,808,321 | | | | | | 5,591,367 | | | | | | 10,399,688 | | | | | | — | | | | | | | | | 10,399,688 | | |
延期發售成本
|
| | | | 367,696 | | | | | | — | | | | | | 367,696 | | | | | | — | | | | | | | | | 367,696 | | |
財產、設備和軟件,淨額
|
| | | | 46,454 | | | | | | 112,602 | | | | | | 159,056 | | | | | | — | | | | | | | | | 159,056 | | |
Goodwill
|
| | | | 18,264,822 | | | | | | — | | | | | | 18,264,822 | | | | | | 254,689 | | | |
(b)
|
| | | | 18,519,511 | | |
Intangible assets, net
|
| | | | 11,227,876 | | | | | | — | | | | | | 11,227,876 | | | | | | 9,760,267 | | | |
(a), (b)
|
| | | | 20,988,143 | | |
Deposits
|
| | | | 137,794 | | | | | | 9,612 | | | | | | 147,406 | | | | | | — | | | | | | | | | 147,406 | | |
Right of use asset
|
| | | | 152,387 | | | | | | | | | | | | 152,387 | | | | | | | | | | | | | | | 152,387 | | |
Total assets
|
| | | $ | 35,005,350 | | | | | $ | 5,713,581 | | | | | $ | 40,718,931 | | | | | $ | 10,014,956 | | | | | | | | $ | 50,733,887 | | |
負債和股東虧損 | | |||||||||||||||||||||||||||||||||
流動負債: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Accounts payable
|
| | | $ | 6,945,633 | | | | | $ | 1,345,197 | | | | | $ | 8,290,830 | | | | | $ | — | | | | | | | | $ | 8,290,830 | | |
應計費用和其他負債
|
| | | | 3,952,366 | | | | | | 490,396 | | | | | | 4,442,762 | | | | | | — | | | | | | | | | 4,442,762 | | |
Deferred revenue
|
| | | | 396,374 | | | | | | — | | | | | | 396,374 | | | | | | — | | | | | | | | | 396,374 | | |
Due to related parties
|
| | | | 209,943 | | | | | | 495,000 | | | | | | 704,943 | | | | | | — | | | | | | | | | 704,943 | | |
或有對價負債
|
| | | | 18,597,831 | | | | | | — | | | | | | 18,597,831 | | | | | | — | | | | | | | | | 18,597,831 | | |
當前可轉換票據
|
| | | | 8,075,872 | | | | | | — | | | | | | 8,075,872 | | | | | | — | | | | | | | | | 8,075,872 | | |
應計應付利息
|
| | | | 2,103,161 | | | | | | — | | | | | | 2,103,161 | | | | | | — | | | | | | | | | 2,103,161 | | |
Note payable — related party
|
| | | | 179,489 | | | | | | — | | | | | | 179,489 | | | | | | — | | | | | | | | | 179,489 | | |
Loan payable, current
|
| | | | 1,426,885 | | | | | | — | | | | | | 1,426,885 | | | | | | — | | | | | | | | | 1,426,885 | | |
應付本票,當期
|
| | | | 3,500,000 | | | | | | — | | | | | | 3,500,000 | | | | | | — | | | | | | | | | 3,500,000 | | |
使用權責任,當期部分
|
| | | | 152,387 | | | | | | | | | | | | 152,387 | | | | | | — | | | | | | | | | 152,387 | | |
流動負債總額
|
| | | | 45,539,941 | | | | | | 2,330,593 | | | | | | 47,870,535 | | | | | | — | | | | | | | | | 47,870,535 | | |
Loan payable
|
| | | | 298,900 | | | | | | — | | | | | | 298,900 | | | | | | 5,500,000 | | | |
(b)
|
| | | | 5,798,900 | | |
Derivative liability
|
| | | | 1,690,807 | | | | | | — | | | | | | 1,690,807 | | | | | | — | | | | | | | | | 1,690,807 | | |
Total liabilities
|
| | | | 47,529,648 | | | | | | 2,330,593 | | | | | | 49,860,242 | | | | | | 5,500,000 | | | | | | | | | 55,360,242 | | |
股東權益(虧損): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Preferred stock
|
| | | | 1 | | | | | | — | | | | | | 1 | | | | | | — | | | | | | | | | 1 | | |
Common stock
|
| | | | 53 | | | | | | — | | | | | | 53 | | | | | | — | | | | | | | | | 53 | | |
新增實收資本
|
| | | | 75,440,940 | | | | | | — | | | | | | 75,440,940 | | | | | | 8,500,000 | | | |
(b)
|
| | | | 83,940,940 | | |
Members’ equity
|
| | | | — | | | | | | 3,382,987 | | | | | | 3,382,987 | | | | | | (3,382,987) | | | |
(b)
|
| | | | — | | |
Accumulated deficit
|
| | | | (87,965,292) | | | | | | — | | | | | | (87,965,292) | | | | | | (602,057) | | | | | | | | | (88,567,349) | | |
股東權益合計(虧損)
|
| | | | (12,524,298) | | | | | | 3,382,987 | | | | | | (9,141,310) | | | | | | 4,514,956 | | | | | | | | | (4,626,354) | | |
總負債和股東權益(赤字)
|
| | | $ | 35,005,350 | | | | | $ | 5,713,581 | | | | | $ | 40,718,931 | | | | | $ | 10,014,956 | | | | | | | | $ | 50,733,887 | | |
|
Cash
|
| | | $ | 7,500,000 | | |
|
應付本票
|
| | | | 5,500,000 | | |
|
Common stock
|
| | | | 1,000,000 | | |
|
採購價格考慮因素
|
| | | $ | 14,000,000 | | |
|
Assets acquired
|
| | | $ | 5,713,581 | | |
|
Goodwill
|
| | | | 254,689 | | |
|
Intangible assets
|
| | | | 10,362,323 | | |
|
Liabilities assumed
|
| | | | (2,330,593) | | |
|
採購價格考慮因素
|
| | | $ | 14,000,000 | | |
| | |
Three Months Ended
September 30, |
| |||||||||
| | |
2022
|
| |
2021
|
| ||||||
Net revenues
|
| | | $ | 3,424,522 | | | | | $ | 2,163,280 | | |
Cost of net revenues
|
| | | | 1,771,178 | | | | | | 954,137 | | |
Gross profit
|
| | | | 1,653,344 | | | | | | 1,209,143 | | |
一般和行政
|
| | | | 3,624,841 | | | | | | 3,720,863 | | |
Sales and marketing
|
| | | | 1,225,417 | | | | | | 1,307,219 | | |
其他運營費用
|
| | | | (605,148) | | | | | | 4,093,825 | | |
Operating loss
|
| | | | (2,591,766) | | | | | | (7,912,764) | | |
Other expenses
|
| | | | (2,302,706) | | | | | | (1,025,283) | | |
所得税撥備前虧損
|
| | | | (4,894,472) | | | | | | (8,938,047) | | |
所得税撥備
|
| | | | — | | | | | | — | | |
Net loss
|
| | | $ | (4,894,472) | | | | | $ | (8,938,047) | | |
| | |
Nine Months Ended
September 30, |
| |||||||||
| | |
2022
|
| |
2021
|
| ||||||
Net revenues
|
| | | $ | 10,595,933 | | | | | $ | 3,575,214 | | |
Cost of net revenues
|
| | | | 5,298,011 | | | | | | 2,179,023 | | |
Gross profit
|
| | | | 5,297,922 | | | | | | 1,396,191 | | |
一般和行政
|
| | | | 13,226,308 | | | | | | 12,820,841 | | |
Sales and marketing
|
| | | | 3,971,280 | | | | | | 2,401,322 | | |
其他運營費用
|
| | | | 6,940,865 | | | | | | 7,278,168 | | |
Operating loss
|
| | | | (18,840,531) | | | | | | (21,104,140) | | |
Other expenses
|
| | | | (3,420,807) | | | | | | (2,655,460) | | |
所得税撥備前虧損
|
| | | | (22,261,338) | | | | | | (23,759,600) | | |
所得税撥備
|
| | | | — | | | | | | 1,100,120 | | |
Net loss
|
| | | $ | (22,261,338) | | | | | $ | (22,659,480) | | |
| | |
Nine Months Ended
September 30, |
| |||||||||
| | |
2022
|
| |
2021
|
| ||||||
經營活動提供的現金淨額: | | | | | | | | | | | | | |
Net loss
|
| | | $ | (22,261,338) | | | | | $ | (22,659,480) | | |
Non-cash adjustments
|
| | | $ | 10,638,677 | | | | | $ | 12,279,846 | | |
經營性資產和負債變動
|
| | | $ | 2,932,803 | | | | | $ | (1,096,379) | | |
經營活動中使用的淨現金
|
| | | $ | (8,689,857) | | | | | $ | (11,476,014) | | |
投資活動中使用的淨現金
|
| | | $ | (5,533) | | | | | $ | (5,523,982) | | |
融資活動提供的現金淨額
|
| | | $ | 8,362,395 | | | | | $ | 16,678,537 | | |
Net change in cash
|
| | | $ | (332,995) | | | | | $ | (321,459) | | |
| | |
Nine Months Ended
September 30, |
| |||||||||
| | |
2022
|
| |
2021
|
| ||||||
Net revenues
|
| | | $ | 11,868,420 | | | | | $ | 18,151,326 | | |
Cost of net revenues
|
| | | | 7,230,186 | | | | | | 10,890,796 | | |
Gross profit
|
| | | | 4,638,234 | | | | | | 7,260,530 | | |
Operating expenses
|
| | | | 5,674,950 | | | | | | 6,319,131 | | |
Operating income (loss)
|
| | | | (1,036,716) | | | | | | 941,399 | | |
| | |
Nine Months Ended
September 30, |
| |||||||||
| | |
2022
|
| |
2021
|
| ||||||
Other income (expenses)
|
| | | | (43,876) | | | | | | 638,661 | | |
扣除所得税準備前的收入(虧損)
|
| | | | (1,080,592) | | | | | | 1,580,060 | | |
所得税撥備
|
| | | | (800) | | | | | | (800) | | |
Net income (loss)
|
| | | $ | (1,081,392) | | | | | $ | 1,579,260 | | |
| | |
Nine Months Ended
September 30, |
| |||||||||
| | |
2022
|
| |
2021
|
| ||||||
經營活動提供的現金淨額: | | | | | | | | | | | | | |
Net income (loss)
|
| | | $ | (1,081,392) | | | | | $ | 1,579,260 | | |
Non-cash adjustments
|
| | | | 40,500 | | | | | | (638,903) | | |
經營性資產和負債變動
|
| | | | 1,949,582 | | | | | | 90,770 | | |
經營活動提供的現金淨額
|
| | | | 908,690 | | | | | | 1,031,127 | | |
由投資活動提供(用於)的淨現金
|
| | | | 18,982 | | | | | | (5,000) | | |
用於融資活動的現金淨額
|
| | | | (582,300) | | | | | | (1,334,363) | | |
Net change in cash
|
| | | $ | 345,372 | | | | | $ | (308,236) | | |
| | |
Year Ended
December 31, |
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
Net revenues
|
| | | $ | 22,800,825 | | | | | $ | 19,897,696 | | |
Cost of net revenues
|
| | | | 13,638,553 | | | | | | 8,525,612 | | |
Gross profit
|
| | | | 9,162,271 | | | | | | 11,372,084 | | |
Operating expenses
|
| | | | 8,657,442 | | | | | | 7,625,335 | | |
Operating income
|
| | | | 504,829 | | | | | | 3,746,749 | | |
Other income (expense)
|
| | | | 1,249,881 | | | | | | (45,527) | | |
未計提所得税準備的收入
|
| | | | 1,754,710 | | | | | | 3,701,222 | | |
所得税撥備
|
| | | | 800 | | | | | | 800 | | |
Net income
|
| | | $ | 1,753,911 | | | | | $ | 3,700,422 | | |
| | |
Year Ended
December 31, |
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
經營活動提供的現金淨額: | | | | | | | | | | | | | |
Net income
|
| | | $ | 1,753,911 | | | | | $ | 3,700,422 | | |
Non-cash adjustments
|
| | | $ | (1,255,981) | | | | | $ | 149,618 | | |
經營性資產和負債變動
|
| | | $ | 421,928 | | | | | $ | (1,880,989) | | |
經營活動提供(使用)的現金淨額
|
| | | $ | 919,859 | | | | | $ | 1,969,051 | | |
投資活動中使用的淨現金
|
| | | $ | — | | | | | $ | (11,430) | | |
融資活動提供(使用)的現金淨額
|
| | | $ | (1,236,063) | | | | | $ | (1,429,829) | | |
Net change in cash
|
| | | $ | (316,204) | | | | | $ | 527,792 | | |
Location
|
| |
Type
|
| |
Square
Footage (approximate) |
| |
Lease
Expiration |
| ||||||
Vernon, California
|
| |
企業倉庫和配送中心
|
| | | | 42,206 | | | | | | 2023 | | |
Los Angeles, California
|
| | Showroom | | | | | 2,000 | | | | | | 2020(1) | | |
Austin, Texas
|
| | 臨時公司總部 | | | | | 500 | | | | | | 2021(2) | | |
Dallas, Texas
|
| | 辦公空間和展廳 | | | | | 2,860 | | | | | | 2022 | | |
Houston, Texas
|
| | Showroom | | | | | 1,117 | | | | | | 2024 | | |
New Orleans, Louisiana
|
| | Showroom | | | | | 1,015 | | | | | | 2024 | | |
Name
|
| |
Age
|
| |
Position
|
|
執行幹事和董事 | | | | | | | |
John Hilburn Davis IV
|
| |
50
|
| | 總裁和首席執行官 | |
Laura Dowling
|
| |
43
|
| | 首席營銷官 | |
Reid Yeoman
|
| |
40
|
| | 首席財務官 | |
Mark T. Lynn
|
| |
38
|
| | Director | |
Trevor Pettennude
|
| |
55
|
| | Director | |
Jameeka Aaron
|
| |
42
|
| | Director | |
Huong “Lucy” Doan
|
| |
53
|
| | Director | |
姓名和主要職務
|
| |
Fiscal
Year |
| |
Salary
|
| |
Bonus
|
| |
Option
Awards |
| |
Stock
Awards(1) |
| |
Total
|
| ||||||||||||||||||
John “Hil” Davis
總裁和首席執行官 |
| | | | 2022 | | | | | $ | 350,000 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
| | | 2021 | | | | | $ | 350,000 | | | | | $ | — | | | | | $ | 3,704,483 | | | | | $ | 233,184 | | | | | $ | 4,287,667 | | | ||
Laura Dowling
首席營銷官 |
| | | | 2022 | | | | | $ | 300,000 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
| | | 2021 | | | | | $ | 300,000 | | | | | $ | — | | | | | $ | 691,135 | | | | | $ | — | | | | | $ | 991,135 | | | ||
Reid Yeoman
首席財務官 |
| | | | 2022 | | | | | $ | 250,000 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
| | | 2021 | | | | | $ | 250,000 | | | | | $ | — | | | | | $ | 221,163 | | | | | $ | — | | | | | $ | 471,163 | | |
Option Awards
|
| | | | | | | |
Stock Awards
|
| |||||||||||||||||||||||||||||||||||||||||||||
Name
|
| |
Number of
Securities Underlying Unexercised Options(#) Exercisable |
| |
Number of
Securities Underlying Unexercised Options(#) Unexercisable |
| |
Equity
Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#) |
| |
Option Exercise
Price ($) |
| |
Option
Expiration Date |
| |
Number of
Shares or Units of Stock That Have Not Vested (#) |
| |
Market
Value of Shares or Units of Stock That Have Not Vested |
| |
Equity
Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested |
| |
Equity
Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested |
| |||||||||||||||||||||||||||
John “Hil” Davis
|
| | | | 21,440 | | | | | | 18,909 | | | | | | 2,531 | | | | | $ | 421.88 | | | | | | 5月23日 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Laura Dowling
|
| | | | 4,640 | | | | | | 3,968 | | | | | | 672 | | | | | $ | 408.94 | | | | | | 5月23日 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Reid Yeoman
|
| | | | 1,760 | | | | | | 1,354 | | | | | | 406 | | | | | $ | 396.31 | | | | | | 5月23日 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Name of Beneficial Owner
|
| |
Number of
Shares Beneficially Owned Before Offering |
| |
Percentage of
Shares Outstanding Before Offering |
| |
Number of
Shares Beneficially Owned After Offering |
| |
Percentage of
Shares Outstanding After Offering |
| ||||||||||||
執行幹事和董事 | | | | | | | | | | | | | | | | | | | | | | | | | |
John “Hil” Davis(1)
|
| | | | 17,136 | | | | | | * | | | | | | 17,136 | | | | | | * | | |
Laura Dowling(2)
|
| | | | 3,347 | | | | | | * | | | | | | 3,347 | | | | | | * | | |
Reid Yeoman(3)
|
| | | | 1,140 | | | | | | * | | | | | | 1,140 | | | | | | * | | |
Mark Lynn(4)
|
| | | | 5,074 | | | | | | * | | | | | | 5,074 | | | | | | * | | |
Trevor Pettennude(5)
|
| | | | 3,286 | | | | | | * | | | | | | 3,286 | | | | | | * | | |
Name of Beneficial Owner
|
| |
Number of
Shares Beneficially Owned Before Offering |
| |
Percentage of
Shares Outstanding Before Offering |
| |
Number of
Shares Beneficially Owned After Offering |
| |
Percentage of
Shares Outstanding After Offering |
| ||||||||||||
Jameeka Aaron(6)
|
| | | | 150 | | | | | | * | | | | | | 150 | | | | | | * | | |
Huong “Lucy” Doan(7)
|
| | | | 200 | | | | | | * | | | | | | 200 | | | | | | * | | |
所有高管、董事和董事提名人選
a group (7 persons)(8) |
| | | | 30,333 | | | | | | * | | | | | | 30,333 | | | | | | * | | |
銷售股東名稱
|
| |
Number of
Shares of Common Stock Beneficially Owned Prior to Offering |
| |
Maximum Number
of Shares of Common Stock Beneficially Owned to be Sold Pursuant to this Prospectus |
| |
Number of
Shares of Common Stock Beneficially Owned After the Maximum Offered Shares are Sold |
| |
%
|
| ||||||||||||
停戰資本主基金有限公司(1)
|
| | | | —(2) | | | | | | —(2) | | | | | | —(2) | | | | | | —(2) | | |
Noam Rubinstein(3)
|
| | | | 73,127 | | | | | | 30,172 | | | | | | 42,955 | | | | | | 0.738% | | |
Michael Vasinkevich(3)
|
| | | | 148,866 | | | | | | 61,423 | | | | | | 87,443 | | | | | | 1.483% | | |
Charles Worthman(3)
|
| | | | 2,322 | | | | | | 958 | | | | | | 1,364 | | | | | | 0.024% | | |
Craig Schwabe(3)
|
| | | | 7,835 | | | | | | 3,233 | | | | | | 4,602 | | | | | | 0.080% | | |
|
獨立註冊會計師事務所報告(PCAOB ID:3501)
|
| | | | F-3 | | |
|
合併資產負債表
|
| | | | F-4 | | |
|
合併業務報表
|
| | | | F-5 | | |
|
合併股東權益變動表
(DEFICIT) |
| | | | F-6 | | |
|
合併現金流量表
|
| | | | F-7 | | |
|
合併財務報表附註
|
| | | | F-9 | | |
|
精簡合併資產負債表(未經審計)
|
| | | | F-38 | | |
|
精簡合併經營報表(未經審計)
|
| | | | F-39 | | |
|
股東權益簡明合併報表(虧損)(未經審計)
|
| | | | F-40 | | |
|
簡明合併現金流量表(未經審計)
|
| | | | F-42 | | |
|
精簡合併財務報表附註
|
| | | | F-43 | | |
|
未經審計的資產負債表
|
| | | | F-56 | | |
|
未經審計的經營報表
|
| | | | F-57 | | |
|
未經審計的會員權益報表
|
| | | | F-58 | | |
|
未經審計的現金流量表
|
| | | | F-59 | | |
|
未經審計財務報表附註
|
| | | | F-60 | | |
|
獨立審計師報告
|
| | | | F-67 | | |
|
BALANCE SHEETS
|
| | | | F-68 | | |
|
運營報表
|
| | | | F-69 | | |
|
會員赤字聲明
|
| | | | F-70 | | |
|
STATEMENTS OF CASH FLOWS
|
| | | | F-71 | | |
|
財務報表附註
|
| | | | F-72 | | |
|
獨立審計師報告 - DBBMCKENNON
|
| | | | F-79 | | |
|
獨立審計師報告 - Armanino,有限責任公司
|
| | | | F-81 | | |
|
BALANCE SHEETS
|
| | | | F-82 | | |
|
運營報表
|
| | | | F-83 | | |
|
會員權益説明書
|
| | | | F-84 | | |
|
STATEMENTS OF CASH FLOWS
|
| | | | F-85 | | |
|
財務報表附註
|
| | | | F-86 | | |
|
獨立審計師報告
|
| | | | F-94 | | |
|
BALANCE SHEET
|
| | | | F-95 | | |
|
操作説明書
|
| | | | F-96 | | |
|
會員權益説明書
|
| | | | F-97 | | |
|
STATEMENT OF CASH FLOWS
|
| | | | F-98 | | |
|
財務報表附註
|
| | | | F-99 | | |
| | |
December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
ASSETS | | | | | | | | | | | | | |
Current assets: | | | | | | | | | | | | | |
現金和現金等價物
|
| | | $ | 528,394 | | | | | $ | 575,986 | | |
Accounts receivable, net
|
| | | | 89,394 | | | | | | 35,532 | | |
Due from factor, net
|
| | | | 985,288 | | | | | | 210,033 | | |
Inventory, net
|
| | | | 2,755,358 | | | | | | 1,163,279 | | |
預付費用和其他流動資產
|
| | | | 417,900 | | | | | | 23,826 | | |
Total current assets
|
| | | | 4,776,334 | | | | | | 2,008,656 | | |
延期發售成本
|
| | | | 367,696 | | | | | | 214,647 | | |
財產、設備和軟件,淨額
|
| | | | 97,265 | | | | | | 62,313 | | |
Goodwill
|
| | | | 18,264,822 | | | | | | 6,479,218 | | |
Intangible assets, net
|
| | | | 12,841,313 | | | | | | 7,494,667 | | |
Deposits
|
| | | | 137,794 | | | | | | 92,668 | | |
Total assets
|
| | | $ | 36,485,224 | | | | | $ | 16,352,169 | | |
負債和股東虧損 | | | | | | | | | | | | | |
流動負債: | | | | | | | | | | | | | |
Accounts payable
|
| | | $ | 6,562,690 | | | | | $ | 5,668,703 | | |
應計費用和其他負債
|
| | | | 2,237,145 | | | | | | 1,245,646 | | |
Deferred revenue
|
| | | | 276,397 | | | | | | 1,667 | | |
Due to related parties
|
| | | | 277,635 | | | | | | 441,453 | | |
或有對價負債
|
| | | | 12,179,476 | | | | | | — | | |
當前可轉換票據
|
| | | | 100,000 | | | | | | 700,000 | | |
應計應付利息
|
| | | | 1,110,679 | | | | | | 737,039 | | |
Note payable – related party
|
| | | | 299,489 | | | | | | 137,856 | | |
風險債務,扣除折扣後的淨額
|
| | | | 6,001,755 | | | | | | 5,854,326 | | |
Loan payable, current
|
| | | | 2,502,000 | | | | | | 992,000 | | |
應付本票
|
| | | | 3,500,000 | | | | | | 4,500,000 | | |
流動負債總額
|
| | | | 35,047,266 | | | | | | 20,278,690 | | |
可轉換應付票據,淨額
|
| | | | 5,501,614 | | | | | | 1,215,815 | | |
Loan payable
|
| | | | 713,182 | | | | | | 709,044 | | |
Derivative liability
|
| | | | 2,294,720 | | | | | | — | | |
Warrant liability
|
| | | | 18,223 | | | | | | 6,265 | | |
Total liabilities
|
| | | | 43,575,005 | | | | | | 22,209,814 | | |
承付款和或有事項(附註12) | | | | | | | | | | | | | |
Stockholders’ deficit: | | | | | | | | | | | | | |
系列種子可轉換優先股,面值0.0001美元,無股份,20,714,518股,分別於2021年12月31日、2021年12月31日和2020年12月31日授權、發行和發行
|
| | | | — | | | | | | 2,071 | | |
A系列可轉換優先股,面值0.0001美元,無股份和14,481,413股授權股份,無股份和5,654,072股
分別於2021年12月31日、2021年12月31日和2020年12月31日發行和未償還 |
| | | | — | | | | | | 565 | | |
A-2系列可轉換優先股,面值0.0001美元,無股份和2000萬股授權,無股份和5932,742股已發行和流通股分別於2021年12月31日和2020年12月31日
|
| | | | — | | | | | | 593 | | |
A-3系列可轉換優先股,面值0.0001美元,無股份和18,867,925股授權股份,無股份和9,032,330股已發行和流通股,分別於2021年12月31日和2020年12月31日
|
| | | | — | | | | | | 904 | | |
系列CF可轉換優先股,面值0.0001美元,無股份和授權200,000,000股,無股份和836,331股
分別於2021年12月31日、2021年12月31日和2020年12月31日發行和未償還 |
| | | | — | | | | | | 83 | | |
B系列可轉換優先股,面值0.0001美元,無股份和20,714,517股授權股份,無股份和20,714,517股已發行和流通股分別於2021年12月31日和2020年12月31日
|
| | | | — | | | | | | 2,075 | | |
非指定優先股,面值0.0001美元,1000萬股和936,144股授權股,0股已發行和已發行股票
as of both December 31, 2021 and 2020 |
| | | | — | | | | | | — | | |
截至2021年12月31日和2020年12月31日,普通股面值為0.0001美元,授權股數為2億股和1.1億股,已發行和流通股分別為130,017股和6,642股
|
| | | | 13 | | | | | | 1 | | |
新增實收資本
|
| | | | 58,614,160 | | | | | | 27,482,060 | | |
Accumulated deficit
|
| | | | (65,703,954) | | | | | | (33,345,997) | | |
股東虧損總額
|
| | | | (7,089,781) | | | | | | (5,857,645) | | |
總負債和股東赤字
|
| | | $ | 36,485,224 | | | | | $ | 16,352,169 | | |
| | |
Year Ended December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
Net revenues
|
| | | $ | 7,584,859 | | | | | $ | 5,239,437 | | |
Cost of net revenues
|
| | | | 4,689,200 | | | | | | 4,685,755 | | |
Gross profit
|
| | | | 2,895,659 | | | | | | 553,682 | | |
Operating expenses: | | | | | | | | | | | | | |
一般和行政
|
| | | | 17,779,903 | | | | | | 7,149,210 | | |
Sales and marketing
|
| | | | 3,810,583 | | | | | | 576,469 | | |
Distribution
|
| | | | 489,371 | | | | | | 342,466 | | |
財產和設備處置損失
|
| | | | — | | | | | | 848,927 | | |
無形資產減值準備
|
| | | | 3,400,000 | | | | | | 784,500 | | |
或有對價的公允價值變動
|
| | | | 8,764,460 | | | | | | — | | |
總運營費用
|
| | | | 34,244,317 | | | | | | 9,701,572 | | |
Loss from operations
|
| | | | (31,348,658) | | | | | | (9,147,890) | | |
Other income (expense): | | | | | | | | | | | | | |
Interest expense
|
| | | | (3,663,921) | | | | | | (1,599,518) | | |
其他營業外收入(費用)
|
| | | | 1,554,502 | | | | | | 32,754 | | |
其他收入(費用)合計,淨額
|
| | | | (2,109,419) | | | | | | (1,566,764) | | |
所得税優惠(規定)
|
| | | | 1,100,120 | | | | | | (13,641) | | |
Net loss
|
| | | $ | (32,357,957) | | | | | $ | (10,728,295) | | |
加權平均已發行普通股 - 基本和稀釋
|
| | | | 76,289 | | | | | | 6,642 | | |
普通股 - 基本股和攤薄後每股淨虧損
|
| | | $ | (420.82) | | | | | $ | (1,615.30) | | |
| | |
Series Seed
Preferred Stock |
| |
Series A
Preferred Stock |
| |
Series A-2
Preferred Stock |
| |
Series A-3
Preferred Stock |
| |
Series CF
Preferred Stock |
| |
Series B
Preferred Stock |
| |
Common Stock
|
| |
Additional
Paid-in Capital |
| |
Subscription
Receivable |
| |
Accumulated
Deficit |
| |
Total
Stockholders’ Deficit |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Balances at December 31, 2019
|
| | | | 20,714,518 | | | | | $ | 2,071 | | | | | | 5,654,072 | | | | | $ | 565 | | | | | | 5,932,742 | | | | | $ | 593 | | | | | | 8,223,036 | | | | | $ | 823 | | | | | | 126,641 | | | | | $ | 12 | | | | | | — | | | | | $ | — | | | | | | 6,642 | | | | | $ | 1 | | | | | $ | 15,486,115 | | | | | $ | (22,677) | | | | | $ | (22,617,702) | | | | | $ | (7,150,199) | | |
股票薪酬
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 144,775 | | | | | | — | | | | | | — | | | | | | 144,775 | | |
發行CF系列優先股
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 709,690 | | | | | | 71 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 309,679 | | | | | | — | | | | | | — | | | | | | 309,750 | | |
發行A-3系列優先股
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 809,294 | | | | | | 81 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 428,845 | | | | | | 22,677 | | | | | | — | | | | | | 451,603 | | |
發行B系列優先股
stock |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 20,754,717 | | | | | | 2,075 | | | | | | — | | | | | | — | | | | | | 10,997,925 | | | | | | — | | | | | | — | | | | | | 11,000,000 | | |
Offering costs
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (69,470) | | | | | | — | | | | | | — | | | | | | (69,470) | | |
權證發行的公允價值 - 風險債務
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 184,191 | | | | | | — | | | | | | — | | | | | | 184,191 | | |
Net loss
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (10,728,295) | | | | | | (10,728,295) | | |
Balances at December 31, 2020
|
| | | | 20,714,518 | | | | | | 2,071 | | | | | | 5,654,072 | | | | | | 565 | | | | | | 5,932,742 | | | | | | 593 | | | | | | 9,032,330 | | | | | | 904 | | | | | | 836,331 | | | | | | 83 | | | | | | 20,754,717 | | | | | | 2,075 | | | | | | 6,642 | | | | | | 1 | | | | | | 27,482,060 | | | | | | — | | | | | | (33,345,997) | | | | | | (5,857,645) | | |
優先股轉換為普通股
|
| | | | (20,714,518) | | | | | | (2,071) | | | | | | (5,654,072) | | | | | | (565) | | | | | | (5,932,742) | | | | | | (593) | | | | | | (9,032,330) | | | | | | (904) | | | | | | (836,331) | | | | | | (83) | | | | | | (20,754,717) | | | | | | (2,075) | | | | | | 40,272 | | | | | | 4 | | | | | | 6,287 | | | | | | — | | | | | | — | | | | | | — | | |
公開發行普通股
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 24,096 | | | | | | 2 | | | | | | 10,000,000 | | | | | | — | | | | | | — | | | | | | 10,000,002 | | |
Offering costs
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (2,116,957) | | | | | | — | | | | | | — | | | | | | (2,116,957) | | |
行使超額配售選擇權,淨額
of offering costs |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 3,614 | | | | | | — | | | | | | 1,364,997 | | | | | | — | | | | | | — | | | | | | 1,364,997 | | |
債務轉普通股
stock |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 11,352 | | | | | | 1 | | | | | | 2,680,288 | | | | | | — | | | | | | — | | | | | | 2,680,289 | | |
關聯方票據折算和
payables into common stock |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,524 | | | | | | — | | | | | | 257,515 | | | | | | — | | | | | | — | | | | | | 257,515 | | |
與企業合併相關發行的普通股
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 32,943 | | | | | | 3 | | | | | | 11,428,735 | | | | | | — | | | | | | — | | | | | | 11,428,738 | | |
Exercise of warrants
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 3,869 | | | | | | — | | | | | | 1,768,046 | | | | | | — | | | | | | — | | | | | | 1,768,046 | | |
根據諮詢協議發行的普通股
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 2,415 | | | | | | — | | | | | | 595,500 | | | | | | — | | | | | | — | | | | | | 595,500 | | |
根據
的股權額度發行普通股
credit |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,264 | | | | | | — | | | | | | 367,696 | | | | | | — | | | | | | — | | | | | | 367,696 | | |
在
發行的普通股和認股權證
connection with notes |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,300 | | | | | | — | | | | | | 501,658 | | | | | | — | | | | | | — | | | | | | 501,658 | | |
股票薪酬
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 727 | | | | | | — | | | | | | 4,278,337 | | | | | | — | | | | | | — | | | | | | 4,278,337 | | |
Net loss
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (32,357,957) | | | | | | (32,357,957) | | |
Balances at December 31, 2021
|
| | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | 130,018 | | | | | $ | 13 | | | | | $ | 58,614,160 | | | | | $ | — | | | | | $ | (65,703,954) | | | | | $ | (7,089,781) | | |
| | |
Year Ended December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
經營活動現金流: | | | | | | | | | | | | | |
Net loss
|
| | | $ | (32,357,957) | | | | | $ | (10,728,295) | | |
將淨虧損與經營活動中使用的現金淨額進行調整: | | | | | | | | | | | | | |
折舊及攤銷
|
| | | | 1,220,736 | | | | | | 603,857 | | |
攤銷貸款貼現和手續費
|
| | | | 1,382,222 | | | | | | 241,878 | | |
股票薪酬
|
| | | | 4,800,337 | | | | | | 144,775 | | |
與債務融資相關的費用
|
| | | | 560,309 | | | | | | — | | |
權證負債公允價值變動
|
| | | | 11,958 | | | | | | (2,353) | | |
衍生負債公允價值變動
|
| | | | (910,204) | | | | | | — | | |
或有對價的公允價值變動
|
| | | | 8,764,460 | | | | | | — | | |
遞延所得税優惠
|
| | | | (1,100,120) | | | | | | — | | |
無形資產減值準備
|
| | | | 3,400,000 | | | | | | 784,500 | | |
獲得PPP貸款寬免權
|
| | | | (407,994) | | | | | | — | | |
財產和設備處置損失
|
| | | | — | | | | | | 848,927 | | |
Change in credit reserve
|
| | | | 36,893 | | | | | | (207,666) | | |
經營性資產和負債變動: | | | | | | | | | | | | | |
Accounts receivable, net
|
| | | | 150,288 | | | | | | 1,947 | | |
Due from factor, net
|
| | | | (399,701) | | | | | | 1,616,939 | | |
Inventory
|
| | | | (911,293) | | | | | | 3,202,350 | | |
預付費用和其他流動資產
|
| | | | (151,917) | | | | | | 168,589 | | |
Accounts payable
|
| | | | 456,690 | | | | | | 673,263 | | |
應計費用和其他負債
|
| | | | 834,489 | | | | | | (591,028) | | |
Deferred revenue
|
| | | | 4,882 | | | | | | (13,564) | | |
Due to related parties
|
| | | | (63,550) | | | | | | 178,026 | | |
Accrued interest
|
| | | | 461,113 | | | | | | 1,016,268 | | |
經營活動中使用的淨現金
|
| | | | (14,218,359) | | | | | | (2,061,587) | | |
投資活動現金流: | | | | | | | | | | | | | |
根據企業合併獲得的現金(對價)
|
| | | | (5,936,757) | | | | | | 106,913 | | |
購置物業、設備和軟件
|
| | | | (43,179) | | | | | | (864) | | |
Deposits
|
| | | | (31,117) | | | | | | 98,835 | | |
由投資活動提供(用於)的淨現金
|
| | | | (6,011,053) | | | | | | 204,884 | | |
融資活動的現金流: | | | | | | | | | | | | | |
關聯方墊款收益
|
| | | | — | | | | | | 22,856 | | |
Repayments to factor
|
| | | | (41,200) | | | | | | (1,931,369) | | |
風險投資債務收益
|
| | | | — | | | | | | 1,050,000 | | |
發放應付貸款
|
| | | | 2,779,910 | | | | | | 1,701,044 | | |
還本票和應付貸款
|
| | | | (2,006,628) | | | | | | — | | |
發行可轉換應付票據
|
| | | | 8,433,650 | | | | | | 1,250,308 | | |
| | |
Year Ended December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
首次公開募股的收益
|
| | | | 10,000,002 | | | | | | — | | |
通過公開發行行使超額配售選擇權,淨額
|
| | | | 1,364,997 | | | | | | — | | |
Exercise of warrants
|
| | | | 1,768,046 | | | | | | — | | |
出售A-3系列優先股所得收益
|
| | | | — | | | | | | 428,926 | | |
A-3系列優先股的應收認購
|
| | | | — | | | | | | 22,677 | | |
出售CF系列優先股所得收益
|
| | | | — | | | | | | 309,750 | | |
Offering costs
|
| | | | (2,116,957) | | | | | | (461,972) | | |
融資活動提供的現金淨額
|
| | | | 20,181,820 | | | | | | 2,392,220 | | |
現金和現金等價物淨增長
|
| | | | (47,592) | | | | | | 535,517 | | |
年初的現金和現金等價物
|
| | | | 575,986 | | | | | | 40,469 | | |
年終現金和現金等價物
|
| | | $ | 528,394 | | | | | $ | 575,986 | | |
現金流量信息補充披露: | | | | | | | | | | | | | |
繳納所得税的現金
|
| | | $ | — | | | | | $ | — | | |
Cash paid for interest
|
| | | $ | 902,089 | | | | | $ | — | | |
補充披露非現金投融資活動: | | | | | | | | | | | | | |
優先股轉換為普通股
|
| | | $ | 6,291 | | | | | $ | — | | |
關聯方票據和應付款轉換為普通股
|
| | | $ | 257,515 | | | | | $ | — | | |
債務轉普通股
|
| | | $ | 2,680,289 | | | | | $ | — | | |
與可轉換票據有關的衍生負債
|
| | | $ | 3,204,924 | | | | | $ | — | | |
根據股權信用額度發行的普通股
|
| | | $ | 367,696 | | | | | $ | — | | |
或有對價轉換為普通股
|
| | | $ | 73,500 | | | | | $ | — | | |
為免除應計利息而發行的風險債務
|
| | | $ | — | | | | | $ | 209,211 | | |
發行認股權證支付發行成本
|
| | | $ | — | | | | | $ | 918 | | |
通過風險債務發行的權證
|
| | | $ | — | | | | | $ | 184,191 | | |
在收購中發行應付本票
|
| | | $ | — | | | | | $ | 4,500,000 | | |
收購中發行B系列優先股
|
| | | $ | — | | | | | $ | 11,000,000 | | |
| | |
截至
的公允價值計量
December 31, 2021 Using: |
| |||||||||||||||||||||
| | |
Level 1
|
| |
Level 2
|
| |
Level 3
|
| |
Total
|
| ||||||||||||
Liabilities: | | | | | | | | | | | | | | | | | | | | | | | | | |
Warrant liability
|
| | | $ | — | | | | | $ | 18,223 | | | | | $ | — | | | | | $ | 18,223 | | |
或有對價
|
| | | | — | | | | | | — | | | | | | 12,179,476 | | | | | | 12,179,476 | | |
Derivative liability
|
| | | | — | | | | | | — | | | | | | 2,294,720 | | | | | | 2,294,720 | | |
| | | | $ | — | | | | | $ | 18,223 | | | | | $ | 14,474,196 | | | | | $ | 14,492,419 | | |
| | |
截至
的公允價值計量
December 31, 2020 Using: |
| |||||||||||||||||||||
| | |
Level 1
|
| |
Level 2
|
| |
Level 3
|
| |
Total
|
| ||||||||||||
Liabilities: | | | | | | | | | | | | | | | | | | | | | | | | | |
Warrant liability
|
| | | $ | — | | | | | $ | — | | | | | $ | 6,265 | | | | | $ | 6,265 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | 6,265 | | | | | $ | 6,265 | | |
| | |
Warrant
Liability |
| |||
Outstanding as of December 31, 2020
|
| | | $ | 6,265 | | |
Change in fair value
|
| | | | 11,958 | | |
Outstanding as of December 31, 2021
|
| | | $ | 18,223 | | |
| | |
Contingent
Consideration Liability |
| |||
Balance as of December 31, 2020
|
| | | $ | — | | |
與收購Harper&Jones有關的初步確認
|
| | | | 3,421,516 | | |
根據諮詢協議保證股價
|
| | | | 67,000 | | |
Conversion into shares
|
| | | | (73,500) | | |
Change in fair value
|
| | | | 8,764,460 | | |
Outstanding as of December 31, 2021
|
| | | $ | 12,179,476 | | |
| | |
Derivative
Liability |
| |||
Outstanding as of December 31, 2020
|
| | | $ | — | | |
發行可轉換票據的初始公允價值
|
| | | | 3,204,924 | | |
Change in fair value
|
| | | | (910,204) | | |
Outstanding as of December 31, 2021
|
| | | $ | 2,294,720 | | |
|
客户關係
|
| |
3 years
|
|
| | |
December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
Convertible notes
|
| | | | 497,912 | | | | | | — | | |
系列種子優先股(可轉換為普通股)
|
| | | | — | | | | | | 20,714,518 | | |
A系列優先股(可轉換為普通股)
|
| | | | — | | | | | | 5,654,072 | | |
A-2系列優先股(可轉換為普通股)
|
| | | | — | | | | | | 5,932,742 | | |
系列CF優先股(可轉換為普通股)
|
| | | | — | | | | | | 836,331 | | |
A-3系列優先股(可轉換為普通股)
|
| | | | — | | | | | | 9,032,330 | | |
B系列優先股(可轉換為普通股)
|
| | | | — | | | | | | 20,754,717 | | |
Common stock warrants
|
| | | | 35,801 | | | | | | 9,145 | | |
| | |
December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
優先股權證
|
| | | | — | | | | | | 806,903 | | |
Stock options
|
| | | | 38,951 | | | | | | 11,631 | | |
潛在稀釋股份總數
|
| | | | 122,664 | | | | | | 63,752,389 | | |
|
|
Series B preferred stock
|
| | | $ | 11,000,000 | | |
|
應付本票
|
| | | | 4,500,000 | | |
|
採購價格考慮因素
|
| | | $ | 15,500,000 | | |
| | |
Purchase Price
Allocation |
| |||
現金和現金等價物
|
| | | $ | 106,913 | | |
Accounts receivable, net
|
| | | | 37,479 | | |
Due (to) from factor, net
|
| | | | (312,063) | | |
Inventory
|
| | | | 3,303,660 | | |
Prepaid expenses
|
| | | | 165,856 | | |
Deposits
|
| | | | 187,493 | | |
財產、設備和軟件,淨額
|
| | | | 1,215,748 | | |
Goodwill
|
| | | | 6,479,218 | | |
Intangible assets
|
| | | | 8,600,000 | | |
Accounts payable
|
| | | | (3,397,547) | | |
應計費用和其他負債
|
| | | | (886,757) | | |
採購價格考慮因素
|
| | | $ | 15,500,000 | | |
|
Cash
|
| | | $ | 500,000 | | |
|
Common stock
|
| | | | 8,025,542 | | |
|
或有對價
|
| | | | 3,421,516 | | |
|
採購價格考慮因素
|
| | | $ | 11,947,058 | | |
| | |
Purchase Price
Allocation |
| |||
現金和現金等價物
|
| | | $ | 24,335 | | |
Accounts receivable, net
|
| | | | 49,472 | | |
Inventory
|
| | | | 77,159 | | |
Prepaid expenses
|
| | | | 69,715 | | |
Deposits
|
| | | | 4,416 | | |
財產、設備和軟件,淨額
|
| | | | 83,986 | | |
Goodwill
|
| | | | 9,681,548 | | |
Intangible assets
|
| | | | 3,936,030 | | |
Accounts payable
|
| | | | (51,927) | | |
應計費用和其他負債
|
| | | | (107,957) | | |
Deferred revenue
|
| | | | (269,848) | | |
Due to related parties
|
| | | | (1,361) | | |
Loan payable
|
| | | | (148,900) | | |
Note payable – related party
|
| | | | (299,489) | | |
Deferred tax liability
|
| | | | (1,100,120) | | |
採購價格考慮因素
|
| | | $ | 11,947,058 | | |
|
Cash
|
| | | $ | 5,000,000 | | |
|
Common stock
|
| | | | 3,403,196 | | |
|
採購價格考慮因素
|
| | | $ | 8,403,196 | | |
| | |
Purchase Price
Allocation |
| |||
現金和現金等價物
|
| | | $ | 32,700 | | |
Accounts receivable, net
|
| | | | 154,678 | | |
Due from factor, net
|
| | | | 371,247 | | |
Inventory
|
| | | | 603,625 | | |
Prepaid expenses
|
| | | | 7,970 | | |
Deposits
|
| | | | 9,595 | | |
Goodwill
|
| | | | 2,104,056 | | |
Intangible assets
|
| | | | 5,939,140 | | |
Accounts payable
|
| | | | (374,443) | | |
應計費用和其他負債
|
| | | | (445,372) | | |
採購價格考慮因素
|
| | | $ | 8,403,196 | | |
| | |
Year Ended
December 31, |
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
Net revenues
|
| | | $ | 11,834,601 | | | | | $ | 12,989,493 | | |
Net loss
|
| | | $ | (33,259,224) | | | | | $ | (12,761,206) | | |
Net loss per common share
|
| | | $ | (433.00) | | | | | $ | (1,921.00) | | |
| | |
December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
未應收賬款: | | | | | | | | | | | | | |
Without recourse
|
| | | $ | 579,295 | | | | | $ | 151,158 | | |
With recourse
|
| | | | 361,584 | | | | | | 42,945 | | |
Advances
|
| | | | 121,617 | | | | | | 56,246 | | |
Credits due customers
|
| | | | (77,208) | | | | | | (40,316) | | |
| | | | $ | 985,288 | | | | | $ | 210,033 | | |
| | |
Gross
Amount |
| |
Accumulated
Amortization |
| |
Carrying
Value |
| |||||||||
Amortized: | | | | | | | | | | | | | | | | | | | |
客户關係
|
| | | $ | 6,453,750 | | | | | $ | (1,449,357) | | | | | $ | 5,004,393 | | |
| | | | | 6,453,750 | | | | | | (1,449,357) | | | | | | 5,004,393 | | |
Indefinite-lived: | | | | | | | | | | | | | | | | | | | |
Brand name
|
| | | $ | 7,836,920 | | | | | | — | | | | | | 7,836,920 | | |
| | | | $ | 14,290,670 | | | | | $ | (1,449,357) | | | | | $ | 12,841,313 | | |
Year Ending December 31,
|
| | | | | | |
2022
|
| | | | 2,151,250 | | |
2023
|
| | | | 1,830,417 | | |
2024
|
| | | | 1,022,726 | | |
| | | | $ | 5,004,393 | | |
| | |
December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
Accrued expenses
|
| | | $ | 213,740 | | | | | $ | 92,074 | | |
Reserve for returns
|
| | | | 33,933 | | | | | | 5,229 | | |
工資相關負債
|
| | | | 1,204,665 | | | | | | 843,704 | | |
Sales tax liability
|
| | | | 268,723 | | | | | | 196,410 | | |
Due to seller
|
| | | | 396,320 | | | | | | — | | |
Other liabilities
|
| | | | 119,764 | | | | | | 108,230 | | |
| | | | $ | 2,237,145 | | | | | $ | 1,245,646 | | |
| | |
Principal
|
| |
Unamortized
Debt Discount |
| |
Convertible Note
Payable, Net |
| |||||||||
Balance, December 31, 2020
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | |
OASIS票據發行,扣除發行成本
|
| | | | 5,265,000 | | | | | | (715,000) | | | | | | 4,550,000 | | |
發行FirstFire FirstFire FirstFirst票據,扣除發行成本
|
| | | | 1,575,000 | | | | | | (315,000) | | | | | | 1,260,000 | | |
發行第二張FirstFire票據,扣除發行成本
|
| | | | 2,625,000 | | | | | | (530,000) | | | | | | 2,095,000 | | |
與票據相關的衍生負債
|
| | | | — | | | | | | (3,204,924) | | | | | | (3,204,924) | | |
債務貼現攤銷
|
| | | | — | | | | | | 801,538 | | | | | | 801,538 | | |
Balance, December 31, 2021
|
| | | $ | 9,465,000 | | | | | $ | (3,963,386) | | | | | $ | 5,501,614 | | |
| | |
Year Ended December 31,
2020 |
|
Risk Free Interest Rate
|
| |
1.54 – 1.59%
|
|
預期股息收益率
|
| |
0.00%
|
|
Expected Volatility
|
| |
58.0 – 100%
|
|
Expected Life (years)
|
| |
5 – 10
|
|
| | |
Common
Stock Warrants |
| |
Weighted
Average Exercise Price |
| ||||||
Outstanding – December 31, 2019
|
| | | | 4,180 | | | | | $ | 281 | | |
Granted
|
| | | | 4,966 | | | | | | 252 | | |
Exercised
|
| | | | — | | | | | | — | | |
Forfeited
|
| | | | — | | | | | | — | | |
Outstanding – December 31, 2020
|
| | | | 9,146 | | | | | $ | 266 | | |
| | |
Common
Stock Warrants |
| |
Weighted
Average Exercise Price |
| ||||||
Granted
|
| | | | 30,120 | | | | | | 458 | | |
首次公開發行時優先股權證的轉換
|
| | | | 516 | | | | | | 766 | | |
Exercised
|
| | | | (3,869) | | | | | | 457 | | |
Forfeited
|
| | | | (112) | | | | | | 766 | | |
Outstanding – December 31, 2021
|
| | | | 35,801 | | | | | $ | 412 | | |
Exercisable at December 31, 2020
|
| | | | 9,146 | | | | | $ | 266 | | |
Exercisable at December 31, 2021
|
| | | | 35,801 | | | | | $ | 412 | | |
|
| | |
Preferred
Stock Warrants |
| |
Weighted
Average Exercise Price |
| ||||||
Outstanding – December 31, 2019
|
| | | | 806,903 | | | | | $ | 0.49 | | |
Outstanding – December 31, 2020
|
| | | | 806,903 | | | | | $ | 0.49 | | |
首次公開發行時轉換為普通股認股權證
|
| | | | (806,903) | | | | | | 0.49 | | |
Exercised
|
| | | | — | | | | | | — | | |
Forfeited
|
| | | | — | | | | | | — | | |
Outstanding – December 31, 2021
|
| | | | — | | | | | $ | — | | |
Exercisable at December 31, 2021
|
| | | | — | | | | | $ | — | | |
| | |
Options
|
| |
Weighted
Average Exercise Price |
| ||||||
Outstanding – December 31, 2019
|
| | | | 10,842 | | | | | $ | 250 | | |
Granted
|
| | | | 917 | | | | | | 94 | | |
Exercised
|
| | | | — | | | | | | — | | |
Forfeited
|
| | | | (128) | | | | | $ | 328 | | |
Outstanding – December 31, 2020
|
| | | | 11,631 | | | | | $ | 234 | | |
Granted
|
| | | | 27,320 | | | | | | 415 | | |
Exercised
|
| | | | — | | | | | | — | | |
Forfeited
|
| | | | — | | | | | | — | | |
Outstanding – December 31, 2021
|
| | | | 38,951 | | | | | $ | 362 | | |
Exercisable at December 31, 2020
|
| | | | 8,810 | | | | | $ | 234 | | |
Exercisable at December 31, 2021
|
| | | | 31,646 | | | | | $ | 359 | | |
未償還期權到期前的加權平均期限(年)
December 31, 2021 |
| | | | 8.00 | | | | | | | | |
| | |
Year Ended December 31,
|
| |||
| | |
2021
|
| |
2020
|
|
Risk Free Interest Rate
|
| |
0.34% – 0.85%
|
| |
0.42% – 0.51%
|
|
預期股息收益率
|
| |
0.00%
|
| |
0.00%
|
|
Expected Volatility
|
| |
58.00%
|
| |
58.00%
|
|
Expected Life (years)
|
| |
5.18
|
| |
6.25
|
|
| | |
December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
Deferred tax assets: | | | | | | | | | | | | | |
淨營業虧損結轉
|
| | | $ | 13,108,371 | | | | | $ | 9,134,447 | | |
股票薪酬
|
| | | | — | | | | | | 40,467 | | |
遞延納税義務:
|
| | | | | | | | | | | | |
折舊時間差異
|
| | | | (5,103) | | | | | | (5,103) | | |
未攤銷債務發行成本
|
| | | | — | | | | | | (41,198) | | |
Valuation allowance
|
| | | | (13,103,268) | | | | | | (9,128,614) | | |
| | |
December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
Net deferred tax assets
|
| | | $ | — | | | | | $ | — | | |
|
| | |
September 30,
2022 |
| |
December 31,
2021 |
| ||||||
ASSETS | | | | | | | | | | | | | |
Current assets: | | | | | | | | | | | | | |
現金和現金等價物
|
| | | $ | 195,399 | | | | | $ | 528,394 | | |
Accounts receivable, net
|
| | | | 378,455 | | | | | | 89,394 | | |
Due from factor, net
|
| | | | 638,781 | | | | | | 985,288 | | |
Inventory
|
| | | | 2,655,352 | | | | | | 2,755,358 | | |
預付費用和其他流動資產
|
| | | | 940,334 | | | | | | 417,900 | | |
Total current assets
|
| | | | 4,808,321 | | | | | | 4,776,334 | | |
延期發售成本
|
| | | | 367,696 | | | | | | 367,696 | | |
財產、設備和軟件,淨額
|
| | | | 46,454 | | | | | | 97,265 | | |
Goodwill
|
| | | | 18,264,822 | | | | | | 18,264,822 | | |
Intangible assets, net
|
| | | | 11,227,876 | | | | | | 12,841,313 | | |
Deposits
|
| | | | 137,794 | | | | | | 137,794 | | |
Right of use asset
|
| | | | 152,387 | | | | | | — | | |
Total assets
|
| | | $ | 35,005,350 | | | | | $ | 36,485,224 | | |
負債和股東權益(赤字) | | | | | | | | | | | | | |
流動負債: | | | | | | | | | | | | | |
Accounts payable
|
| | | $ | 6,945,633 | | | | | $ | 6,562,690 | | |
應計費用和其他負債
|
| | | | 3,952,366 | | | | | | 2,237,145 | | |
Deferred revenue
|
| | | | 396,374 | | | | | | 276,397 | | |
Due to related parties
|
| | | | 209,943 | | | | | | 277,635 | | |
或有對價負債
|
| | | | 18,597,831 | | | | | | 12,179,476 | | |
可轉換應付票據,淨額
|
| | | | 8,075,872 | | | | | | 100,000 | | |
應計應付利息
|
| | | | 2,103,161 | | | | | | 1,110,679 | | |
Note payable – related party
|
| | | | 179,489 | | | | | | 299,489 | | |
風險債務,扣除折扣後的淨額
|
| | | | — | | | | | | 6,001,755 | | |
Loan payable, current
|
| | | | 1,426,885 | | | | | | 2,502,000 | | |
應付本票
|
| | | | 3,500,000 | | | | | | 3,500,000 | | |
使用權責任,當期部分
|
| | | | 152,387 | | | | | | — | | |
流動負債總額
|
| | | | 45,539,941 | | | | | | 35,047,266 | | |
可轉換應付票據,淨額
|
| | | | — | | | | | | 5,501,614 | | |
Loan payable
|
| | | | 298,900 | | | | | | 713,182 | | |
Derivative liability
|
| | | | 1,690,807 | | | | | | 2,294,720 | | |
Warrant liability
|
| | | | — | | | | | | 18,223 | | |
Total liabilities
|
| | | | 47,529,648 | | | | | | 43,575,005 | | |
承付款和或有事項(注11) | | | | | | | | | | | | | |
股東權益(虧損): | | | | | | | | | | | | | |
非指定優先股,面值0.0001美元,授權9,993,199股,截至2022年9月30日發行和發行0股,授權10,000,000股,截至2021年12月31日0股已發行和已發行
|
| | | | — | | | | | | — | | |
A系列優先股,面值0.0001美元,1股授權、已發行和
截至2022年9月30日未清償,截至 未授權或未清償 December 31, 2021 |
| | | | — | | | | | | — | | |
A系列可轉換優先股,面值0.0001美元,指定6,800股,截至2022年9月30日已發行和已發行6,300股,截至2021年12月31日未獲授權或已發行
|
| | | | 1 | | | | | | — | | |
截至2022年9月30日和2021年12月31日,普通股,面值0.0001美元,授權1,000,000,000股,已發行和已發行股票分別為529,492股和528,742股
|
| | | | 53 | | | | | | 13 | | |
新增實收資本
|
| | | | 75,440,940 | | | | | | 58,614,160 | | |
Accumulated deficit
|
| | | | (87,965,292) | | | | | | (65,703,954) | | |
股東權益合計(虧損)
|
| | | | (12,524,298) | | | | | | (7,089,781) | | |
總負債和股東權益(赤字)
|
| | | $ | 35,005,350 | | | | | $ | 36,485,224 | | |
| | |
Three Months Ended
September 30, |
| |
Nine Months Ended
September 30, |
| ||||||||||||||||||
| | |
2022
|
| |
2021
|
| |
2022
|
| |
2021
|
| ||||||||||||
Net revenues
|
| | | | 3,424,522 | | | | | | 2,163,280 | | | | | $ | 10,595,933 | | | | | $ | 3,575,214 | | |
Cost of net revenues
|
| | | | 1,771,178 | | | | | | 954,137 | | | | | | 5,298,011 | | | | | | 2,179,023 | | |
Gross profit (loss)
|
| | | | 1,653,344 | | | | | | 1,209,143 | | | | | | 5,297,922 | | | | | | 1,396,191 | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | | | | | | |
一般和行政
|
| | | | 3,624,841 | | | | | | 3,720,863 | | | | | | 13,226,308 | | | | | | 12,820,841 | | |
Sales and marketing
|
| | | | 1,225,417 | | | | | | 1,307,219 | | | | | | 3,971,280 | | | | | | 2,401,322 | | |
Distribution
|
| | | | 97,737 | | | | | | 105,332 | | | | | | 522,510 | | | | | | 238,774 | | |
或有對價的公允價值變動
|
| | | | (702,885) | | | | | | 3,988,493 | | | | | | 6,418,355 | | | | | | 7,039,394 | | |
總運營費用
|
| | | | 4,245,110 | | | | | | 9,121,907 | | | | | | 24,138,453 | | | | | | 22,500,331 | | |
Loss from operations
|
| | | | (2,591,766) | | | | | | (7,912,764) | | | | | | (18,840,531) | | | | | | (21,104,140) | | |
Other income (expense): | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest expense
|
| | | | (2,279,016) | | | | | | (447,842) | | | | | | (6,050,492) | | | | | | (2,020,806) | | |
其他營業外收入(費用)
|
| | | | (23,690) | | | | | | (577,441) | | | | | | 2,629,685 | | | | | | (634,654) | | |
其他收入(費用)合計,淨額
|
| | | | (2,302,706) | | | | | | (1,025,283) | | | | | | (3,420,807) | | | | | | (2,655,460) | | |
所得税優惠(規定)
|
| | | | — | | | | | | — | | | | | | — | | | | | | 1,100,120 | | |
Net loss
|
| | | $ | (4,894,472) | | | | | $ | (8,938,047) | | | | | $ | (22,261,338) | | | | | $ | (22,659,480) | | |
加權平均已發行普通股 - 基本和稀釋
|
| | | | 528,758 | | | | | | 117,866 | | | | | | 341,229 | | | | | | 60,027 | | |
普通股 - 基本股和攤薄後每股淨虧損
|
| | | $ | (9.26) | | | | | $ | (75.83) | | | | | $ | (65.24) | | | | | $ | (377.49) | | |
| | |
Series Seed
Preferred Stock |
| |
Series A
Preferred Stock |
| |
Series A-2
Preferred Stock |
| |
Series A-3
Preferred Stock |
| |
Series CF
Preferred Stock |
| |
Series B
Preferred Stock |
| |
Series A
Convertible Preferred Stock |
| |
Common Stock
|
| |
Additional
Paid-in Capital |
| |
Accumulated
Deficit |
| |
Total
Stockholders’ Equity (Deficit) |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Balances at December 31,
2020 |
| | | | 20,714,518 | | | | | $ | 2,071 | | | | | | 5,654,072 | | | | | $ | 565 | | | | | | 5,932,742 | | | | | $ | 593 | | | | | | 9,032,330 | | | | | $ | 904 | | | | | | 836,331 | | | | | $ | 83 | | | | | | 20,754,717 | | | | | $ | 2,075 | | | | | | — | | | | | $ | — | | | | | | 6,642 | | | | | $ | 1 | | | | | $ | 27,482,060 | | | | | $ | (33,345,997) | | | | | $ | (5,857,645) | | |
股票薪酬
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 36,976 | | | | | | — | | | | | | 36,976 | | |
Net loss
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (3,023,935) | | | | | | (3,023,935) | | |
Balances at March 31, 2021
|
| | | | 20,714,518 | | | | | | 2,071 | | | | | | 5,654,072 | | | | | | 565 | | | | | | 5,932,742 | | | | | | 593 | | | | | | 9,032,330 | | | | | | 904 | | | | | | 836,331 | | | | | | 83 | | | | | | 20,754,717 | | | | | | 2,075 | | | | | | — | | | | | | — | | | | | | 6,642 | | | | | | 1 | | | | | | 27,519,036 | | | | | | (36,369,932) | | | | | | (8,844,604) | | |
優先股轉換
into common stock |
| | | | (20,714,518) | | | | | | (2,071) | | | | | | (5,654,072) | | | | | | (565) | | | | | | (5,932,742) | | | | | | (593) | | | | | | (9,032,330) | | | | | | (904) | | | | | | (836,331) | | | | | | (83) | | | | | | (20,754,717) | | | | | | (2,075) | | | | | | — | | | | | | — | | | | | | 40,272 | | | | | | 4 | | | | | | 6,287 | | | | | | — | | | | | | — | | |
Issuance of common stock in
public offering |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 24,096 | | | | | | 2 | | | | | | 10,000,000 | | | | | | — | | | | | | 10,000,002 | | |
Offering costs
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (2,116,957) | | | | | | — | | | | | | (2,116,957) | | |
行使超額配售選擇權,扣除發行成本
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 3,614 | | | | | | — | | | | | | 1,364,997 | | | | | | — | | | | | | 1,364,997 | | |
債務轉普通股
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 11,352 | | | | | | 1 | | | | | | 2,680,288 | | | | | | — | | | | | | 2,680,289 | | |
關聯方票據和應付款轉換為普通股
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,524 | | | | | | — | | | | | | 257,515 | | | | | | — | | | | | | 257,515 | | |
Common stock and warrants
issued in connection with note |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 200 | | | | | | — | | | | | | 73,958 | | | | | | — | | | | | | 73,958 | | |
與企業合併相關發行的普通股
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 21,928 | | | | | | 2 | | | | | | 8,025,540 | | | | | | — | | | | | | 8,025,542 | | |
Exercise of warrants
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 319 | | | | | | — | | | | | | 145,696 | | | | | | — | | | | | | 145,696 | | |
根據諮詢協議發行的普通股
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 500 | | | | | | — | | | | | | 183,000 | | | | | | — | | | | | | 183,000 | | |
股票薪酬
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 3,801,553 | | | | | | — | | | | | | 3,801,553 | | |
Net loss
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (10,697,498) | | | | | | (10,697,498) | | |
Balances at June 30, 2021
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 110,446 | | | | | | 10 | | | | | | 51,940,914 | | | | | | (47,067,430) | | | | | | 4,873,493 | | |
Issuance of common stock in
public offering |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,264 | | | | | | — | | | | | | 367,696 | | | | | | — | | | | | | 367,696 | | |
與企業合併相關發行的普通股
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 11,015 | | | | | | 1 | | | | | | 3,403,195 | | | | | | — | | | | | | 3,403,196 | | |
Exercise of warrants
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 3,550 | | | | | | — | | | | | | 1,622,350 | | | | | | — | | | | | | 1,622,350 | | |
| | |
Series Seed
Preferred Stock |
| |
Series A
Preferred Stock |
| |
Series A-2
Preferred Stock |
| |
Series A-3
Preferred Stock |
| |
Series CF
Preferred Stock |
| |
Series B
Preferred Stock |
| |
Series A
Convertible Preferred Stock |
| |
Common Stock
|
| |
Additional
Paid-in Capital |
| |
Accumulated
Deficit |
| |
Total
Stockholders’ Equity (Deficit) |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
股票薪酬
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 134,113 | | | | | | — | | | | | | 134,113 | | |
Net loss
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (8,938,047) | | | | | | (8,938,047) | | |
Balances at September 30,
2021 |
| | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | 126,275 | | | | | $ | 11 | | | | | $ | 57,468,268 | | | | | $ | (56,005,477) | | | | | $ | 1,462,801 | | |
Balances at December 31,
2021 |
| | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | 130,017 | | | | | $ | 13 | | | | | $ | 58,614,160 | | | | | $ | (65,703,954) | | | | | $ | (7,089,781) | | |
將票據轉換為普通股
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 8,739 | | | | | | 1 | | | | | | 1,201,581 | | | | | | — | | | | | | 1,201,582 | | |
股票薪酬
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 139,093 | | | | | | — | | | | | | 139,093 | | |
Net loss
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (7,832,942) | | | | | | (7,832,942) | | |
Balances at March 31, 2022
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 138,756 | | | | | | 14 | | | | | | 59,954,834 | | | | | | (73,536,896) | | | | | | (13,582,048) | | |
Issuance of common stock in
public offering |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 373,898 | | | | | | 37 | | | | | | 9,347,413 | | | | | | — | | | | | | 9,347,450 | | |
Offering costs
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (1,930,486) | | | | | | — | | | | | | (1,930,486) | | |
將票據和衍生負債轉換為普通股
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 16,088 | | | | | | 2 | | | | | | 600,788 | | | | | | — | | | | | | 600,790 | | |
在連接中籤發的認股權證
with note |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 98,241 | | | | | | — | | | | | | 98,241 | | |
股票薪酬
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 119,759 | | | | | | — | | | | | | 119,759 | | |
Net loss
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (9,533,924) | | | | | | (9,533,924) | | |
Balances at June 30, 2022
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 528,742 | | | | | | 53 | | | | | | 68,190,549 | | | | | | (83,070,820) | | | | | | (14,880,218) | | |
根據諮詢協議發行的普通股
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 750 | | | | | | — | | | | | | 123,000 | | | | | | — | | | | | | 123,000 | | |
發行A系列優先股
stock |
| | | | — | | | | | | — | | | | | | 1 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 25,000 | | | | | | — | | | | | | 25,000 | | |
將風險債務轉換為A系列可轉換優先股
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 6,300 | | | | | | 1 | | | | | | — | | | | | | — | | | | | | 6,299,999 | | | | | | — | | | | | | 6,300,000 | | |
在連接中籤發的認股權證
with note |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 692,299 | | | | | | — | | | | | | 692,299 | | |
股票薪酬
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 110,093 | | | | | | — | | | | | | 110,093 | | |
Net loss
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (4,894,472) | | | | | | (4,894,472) | | |
Balances at September 30,
2022 |
| | | $ | — | | | | | $ | — | | | | | | 1 | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | | 6,300 | | | | | $ | 1 | | | | | | 529,492 | | | | | $ | 53 | | | | | $ | 75,440,940 | | | | | $ | (87,965,292) | | | | | $ | (12,524,298) | | |
|
| | |
Nine Months Ended
September 30, |
| |||||||||
| | |
2022
|
| |
2021
|
| ||||||
經營活動現金流: | | | | | | | | | | | | | |
Net loss
|
| | | $ | (22,261,338) | | | | | $ | (22,659,480) | | |
將淨虧損與經營活動中使用的現金淨額進行調整: | | | | | | | | | | | | | |
折舊及攤銷
|
| | | | 1,669,782 | | | | | | 652,732 | | |
攤銷貸款貼現和手續費
|
| | | | 4,610,234 | | | | | | 682,956 | | |
股票薪酬
|
| | | | 491,945 | | | | | | 4,155,641 | | |
與債務融資相關的費用
|
| | | | 48,245 | | | | | | 132,609 | | |
權證負債公允價值變動
|
| | | | (18,223) | | | | | | 21,930 | | |
衍生負債公允價值變動
|
| | | | (794,477) | | | | | | 627,956 | | |
或有對價的公允價值變動
|
| | | | 6,418,355 | | | | | | 7,039,394 | | |
薪資保障計劃的寬恕
|
| | | | (1,760,755) | | | | | | — | | |
遞延所得税優惠
|
| | | | — | | | | | | (1,100,120) | | |
Change in credit reserve
|
| | | | (26,429) | | | | | | 66,748 | | |
經營性資產和負債變動: | | | | | | | | | | | | | |
Accounts receivable, net
|
| | | | (289,061) | | | | | | (32,582) | | |
Due from factor, net
|
| | | | 433,671 | | | | | | (540,257) | | |
Inventory
|
| | | | 100,006 | | | | | | (483,477) | | |
預付費用和其他流動資產
|
| | | | (522,434) | | | | | | (1,259,835) | | |
Accounts payable
|
| | | | 382,943 | | | | | | 749,352 | | |
應計費用和其他負債
|
| | | | 1,715,221 | | | | | | 451,298 | | |
Deferred revenue
|
| | | | 119,977 | | | | | | (78,492) | | |
應計薪酬 - 關聯方
|
| | | | — | | | | | | (108,550) | | |
Accrued interest
|
| | | | 992,482 | | | | | | 206,163 | | |
經營活動中使用的淨現金
|
| | | $ | (8,689,857) | | | | | | (11,476,015) | | |
投資活動現金流: | | | | | | | | | | | | | |
根據企業合併獲得的現金(對價)
|
| | | | — | | | | | | (5,442,966) | | |
購置物業、設備和軟件
|
| | | | (5,533) | | | | | | (13,585) | | |
Deposits
|
| | | | — | | | | | | (67,431) | | |
投資活動中使用的淨現金
|
| | | | (5,533) | | | | | | (5,523,982) | | |
融資活動的現金流: | | | | | | | | | | | | | |
關聯方墊款的收益(還款)
|
| | | | (162,692) | | | | | | — | | |
預付款(還款)因數
|
| | | $ | (60,735) | | | | | | (39,520) | | |
風險投資債務收益
|
| | | | 237,500 | | | | | | — | | |
發放應付貸款
|
| | | | 248,858 | | | | | | 2,626,050 | | |
可轉換本票和本票的償還
|
| | | | (3,068,750) | | | | | | (2,002,731) | | |
發行可轉換應付票據
|
| | | | 3,751,250 | | | | | | 5,078,650 | | |
首次公開募股的收益
|
| | | | 9,347,450 | | | | | | 10,000,002 | | |
通過公開發行行使超額配售選擇權,淨額
|
| | | | — | | | | | | 1,364,997 | | |
Exercise of warrants
|
| | | | — | | | | | | 1,768,046 | | |
Offering costs
|
| | | | (1,930,486) | | | | | | (2,116,957) | | |
融資活動提供的現金淨額
|
| | | $ | 8,362,395 | | | | | | 16,678,537 | | |
現金和現金等價物淨增長
|
| | | | (332,995) | | | | | | (321,460) | | |
期初現金及現金等價物
|
| | | | 528,394 | | | | | | 575,986 | | |
期末現金和現金等價物
|
| | | $ | 195,399 | | | | | $ | 254,526 | | |
現金流量信息補充披露: | | | | | | | | | | | | | |
繳納所得税的現金
|
| | | $ | — | | | | | $ | — | | |
Cash paid for interest
|
| | | $ | 318,576 | | | | | $ | 460,179 | | |
補充披露非現金投融資活動: | | | | | | | | | | | | | |
將票據轉換為普通股
|
| | | $ | 1,802,372 | | | | | $ | 2,680,289 | | |
Right of use asset
|
| | | $ | 152,387 | | | | | $ | — | | |
與票據相關的認股權證
|
| | | $ | 790,540 | | | | | $ | — | | |
與可轉換票據有關的衍生負債
|
| | | $ | 559,957 | | | | | $ | 1,858,887 | | |
關聯方票據和應付款項轉換為優先股和普通股
|
| | | $ | 25,000 | | | | | $ | 257,515 | | |
將風險債務轉換為優先股
|
| | | $ | 6,300,000 | | | | | $ | — | | |
優先股轉換為普通股
|
| | | $ | — | | | | | $ | 6,293 | | |
根據股權信用額度發行的普通股
|
| | | $ | — | | | | | $ | 367,996 | | |
| | |
Fair Value Measurements
as of September 30, 2022 Using: |
| |||||||||||||||||||||
| | |
Level 1
|
| |
Level 2
|
| |
Level 3
|
| |
Total
|
| ||||||||||||
Liabilities: | | | | | | | | | | | | | | | | | | | | | | | | | |
Warrant liability
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
或有對價
|
| | | | — | | | | | | — | | | | | | 18,597,831 | | | | | | 18,597,831 | | |
Derivative liability
|
| | | | — | | | | | | — | | | | | | 1,690,807 | | | | | | 1,690,807 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | 20,288,638 | | | | | $ | 20,288,638 | | |
| | |
Fair Value Measurements
as of December 31, 2021 Using: |
| |||||||||||||||||||||
| | |
Level 1
|
| |
Level 2
|
| |
Level 3
|
| |
Total
|
| ||||||||||||
Liabilities: | | | | | | | | | | | | | | | | | | | | | | | | | |
Warrant liability
|
| | | $ | — | | | | | $ | 18,223 | | | | | $ | — | | | | | $ | 18,223 | | |
或有對價
|
| | | | — | | | | | | — | | | | | | 12,179,476 | | | | | | 12,179,476 | | |
Derivative liability
|
| | | | — | | | | | | — | | | | | | 2,294,720 | | | | | | 2,294,720 | | |
| | | | $ | — | | | | | $ | 18,223 | | | | | $ | 14,474,196 | | | | | $ | 14,492,419 | | |
| | |
Contingent
Consideration Liability |
| |||
Outstanding as of December 31, 2021
|
| | | $ | 12,179,476 | | |
Change in fair value
|
| | | | 6,418,355 | | |
Outstanding as of September 30, 2022
|
| | | $ | 18,597,831 | | |
|
Bailey
|
| | | $ | 10,698,475 | | |
|
Harper & Jones
|
| | | | 7,899,356 | | |
| | | | | $ | 18,597,831 | | |
| | |
Derivative
Liability |
| |||
Outstanding as of December 31, 2021
|
| | | $ | 2,294,720 | | |
可轉換票據發行情況
|
| | | | 559,957 | | |
將標的票據轉換為普通股
|
| | | | (369,393) | | |
Change in fair value
|
| | | | (794,477) | | |
Outstanding as of September 30, 2022
|
| | | $ | 1,690,807 | | |
| | |
September 30,
2022 |
| |
December 31,
2021 |
| ||||||
Raw materials
|
| | | $ | 435,025 | | | | | $ | 292,167 | | |
Work in process
|
| | | | 256,078 | | | | | | 242,673 | | |
Finished goods
|
| | | | 1,964,248 | | | | | | 2,220,519 | | |
Inventory
|
| | | $ | 2,655,352 | | | | | $ | 2,755,358 | | |
| | |
September 30,
|
| |||||||||
| | |
2022
|
| |
2021
|
| ||||||
Convertible notes
|
| | | | 1,177,305 | | | | | | 22,404 | | |
A系列可轉換優先股
|
| | | | 108 | | | | | | — | | |
Common stock warrants
|
| | | | 132,114 | | | | | | 35,913 | | |
Stock options
|
| | | | 38,951 | | | | | | 38,751 | | |
潛在稀釋股份總數
|
| | | | 1,348,477 | | | | | | 97,069 | | |
| | |
September 30,
2022 |
| |
December 31,
2021 |
| ||||||
未應收賬款:
|
| | | $ | 423,984 | | | | | $ | 579,295 | | |
Without recourse
|
| | | | 83,224 | | | | | | 361,584 | | |
With recourse
|
| | | | 182,352 | | | | | | 121,617 | | |
Advances
|
| | | | (50,779) | | | | | | (77,208) | | |
Credits due customers
|
| | | $ | 638,781 | | | | | $ | 985,288 | | |
| | |
Gross
Amount |
| |
Accumulated
Amortization |
| |
Carrying
Value |
| |||||||||
Amortized: | | | | | | | | | | | | | | | | | | | |
客户關係
|
| | | $ | 6,453,750 | | | | | | (3,062,794) | | | | | $ | 3,390,956 | | |
| | | | | 6,453,750 | | | | | | (3,062,794) | | | | | | 3,390,956 | | |
Indefinite-lived: | | | | | | | | | | | | | | | | | | | |
Brand name
|
| | | $ | 7,836,920 | | | | | | — | | | | | | 7,836,920 | | |
| | | | $ | 14,290,670 | | | | | $ | (3,062,794) | | | | | $ | 11,227,876 | | |
| | |
September 30,
2022 |
| |
December 31,
2021 |
| ||||||
Accrued expenses
|
| | | $ | 896,043 | | | | | $ | 213,740 | | |
Reserve for returns
|
| | | | 24,673 | | | | | | 33,933 | | |
工資相關負債
|
| | | | 2,602,800 | | | | | | 1,204,665 | | |
Sales tax liability
|
| | | | 298,149 | | | | | | 268,723 | | |
Due to seller
|
| | | | — | | | | | | 396,320 | | |
Other liabilities
|
| | | | 130,702 | | | | | | 119,764 | | |
| | | | $ | 3,952,366 | | | | | $ | 2,237,145 | | |
| | |
Common
Stock Warrants |
| |
Weighted
Average Exercise Price |
| ||||||
Outstanding – December 31, 2021
|
| | | | 35,801 | | | | | $ | 412.00 | | |
Granted
|
| | | | 96,313 | | | | | | 30.71 | | |
Exercised
|
| | | | — | | | | | | | | |
Forfeited
|
| | | | — | | | | | | | | |
Outstanding – September 30, 2022
|
| | | | 132,114 | | | | | $ | 134.13 | | |
Exercisable at September 30, 2022
|
| | | | 104,459 | | | | | $ | 166.65 | | |
| | |
September 30,
2022 |
| |
December 31,
2021 |
| ||||||
ASSETS | | | | | | | | | | | | | |
Current assets: | | | | | | | | | | | | | |
Cash
|
| | | $ | 762,607 | | | | | $ | 417,235 | | |
扣除備抵後的應收賬款
|
| | | | 238,779 | | | | | | 124,342 | | |
Due from factor
|
| | | | 416,226 | | | | | | 590,022 | | |
Inventory
|
| | | | 4,003,153 | | | | | | 4,917,128 | | |
預付費用和其他流動資產
|
| | | | 170,602 | | | | | | 219,902 | | |
Total current assets
|
| | | | 5,591,367 | | | | | | 6,268,628 | | |
Fixed assets, net
|
| | | | 112,602 | | | | | | 161,954 | | |
Deposits
|
| | | | 9,612 | | | | | | 19,742 | | |
Total assets
|
| | | $ | 5,713,581 | | | | | $ | 6,450,324 | | |
負債和會員權益 | | | | | | | | | | | | | |
流動負債: | | | | | | | | | | | | | |
Accounts payable
|
| | | $ | 1,345,197 | | | | | $ | 1,142,671 | | |
Accrued liabilities
|
| | | | 490,396 | | | | | | 773,274 | | |
應付借款、關聯方
|
| | | | 495,000 | | | | | | — | | |
Total liabilities
|
| | | | 2,330,593 | | | | | | 1,915,945 | | |
承付款和或有事項(注7) | | | | | | | | | | | | | |
Members’ equity
|
| | | | 3,382,987 | | | | | | 4,534,379 | | |
Total members’ equity
|
| | | | 3,382,987 | | | | | | 4,534,379 | | |
總負債和成員權益
|
| | | $ | 5,713,581 | | | | | $ | 6,450,324 | | |
| | |
Nine Months Ended
September 30, |
| |||||||||
| | |
2022
|
| |
2021
|
| ||||||
Net revenues
|
| | | $ | 11,868,420 | | | | | $ | 18,151,326 | | |
Cost of goods sold
|
| | | | 7,230,186 | | | | | | 10,890,796 | | |
Gross profit
|
| | | | 4,638,234 | | | | | | 7,260,530 | | |
Operating expenses: | | | | | | | | | | | | | |
一般和行政
|
| | | | 2,682,642 | | | | | | 2,286,956 | | |
Distribution
|
| | | | 731,545 | | | | | | 863,185 | | |
Sales and marketing
|
| | | | 2,260,763 | | | | | | 3,168,990 | | |
總運營費用
|
| | | | 5,674,950 | | | | | | 6,319,131 | | |
運營收入(虧損)
|
| | | | (1,036,716) | | | | | | 941,399 | | |
其他收入(費用),淨額 | | | | | | | | | | | | | |
Other income
|
| | | | — | | | | | | 689,171 | | |
Interest expense
|
| | | | (43,876) | | | | | | (50,510) | | |
其他收入(費用)合計,淨額
|
| | | | (43,876) | | | | | | 638,661 | | |
所得税撥備
|
| | | | 800 | | | | | | 800 | | |
Net income (loss)
|
| | | $ | (1,081,392) | | | | | $ | 1,579,260 | | |
| | |
Members’
Equity |
| |||
Balances at December 31, 2020
|
| | | $ | 4,630,468 | | |
Distributions
|
| | | | (1,780,000) | | |
Net income
|
| | | | 1,579,260 | | |
Balances at Sep 30, 2021
|
| | | $ | 4,429,728 | | |
Balances at December 31, 2021
|
| | | $ | 4,534,379 | | |
Distributions
|
| | | | (70,000) | | |
Net loss
|
| | | | (1,081,392) | | |
Balances at Sep 30, 2022
|
| | | $ | 3,382,987 | | |
| | |
截至9月30日的9個月
|
| |||||||||
| | |
2022
|
| |
2021
|
| ||||||
經營活動現金流: | | | | | | | | | | | | | |
Net income (loss)
|
| | | $ | (1,081,392) | | | | | $ | 1,579,260 | | |
將淨收益(虧損)與運營提供的現金淨額進行調整
activities: |
| | | | | | | | | | | | |
折舊及攤銷
|
| | | | 40,500 | | | | | | 43,200 | | |
Bad debt
|
| | | | — | | | | | | 7,068 | | |
Other income – PPP forgiveness
|
| | | | — | | | | | | (689,171) | | |
經營性資產和負債變動:
|
| | | | | | | | | | | | |
Accounts receivable
|
| | | | (114,438) | | | | | | (140,037) | | |
Due from factor
|
| | | | 1,181,097 | | | | | | 721,984 | | |
Inventory
|
| | | | 913,975 | | | | | | 938,206 | | |
預付費用和其他流動資產
|
| | | | 49,300 | | | | | | (109,952) | | |
Accounts payable
|
| | | | 202,526 | | | | | | (690,300) | | |
Accrued liabilities
|
| | | | (282,878) | | | | | | (629,131) | | |
經營活動提供的現金淨額
|
| | | | 908,690 | | | | | | 1,031,127 | | |
投資活動現金流: | | | | | | | | | | | | | |
購置物業和設備
|
| | | | — | | | | | | (5,000) | | |
出售財產和設備的收益
|
| | | | 8,852 | | | | | | — | | |
Deposits
|
| | | | 10,130 | | | | | | — | | |
由投資活動提供(用於)的淨現金
|
| | | | 18,982 | | | | | | (5,000) | | |
融資活動的現金流: | | | | | | | | | | | | | |
應付貸款收益
|
| | | | — | | | | | | 630,637 | | |
關聯方應付貸款收益
|
| | | | 995,000 | | | | | | — | | |
償還應付貸款,關聯方
|
| | | | (500,000) | | | | | | — | | |
要素預付款(還款),淨額
|
| | | | (1,007,300) | | | | | | (185,000) | | |
Distributions
|
| | | | (70,000) | | | | | | (1,780,000) | | |
用於融資活動的現金淨額
|
| | | | (582,300) | | | | | | (1,334,363) | | |
現金和現金等價物淨變化
|
| | | | 345,372 | | | | | | (308,236) | | |
期初現金
|
| | | | 417,235 | | | | | | 733,440 | | |
Cash at end of period
|
| | | $ | 762,607 | | | | | $ | 425,204 | | |
現金流量信息補充披露: | | | | | | | | | | | | | |
繳納所得税的現金
|
| | | $ | 800 | | | | | $ | 800 | | |
Cash paid for interest
|
| | | $ | 43,876 | | | | | $ | 50,510 | | |
| | |
September 30,
2022 |
| |
December 31,
2021 |
| ||||||
未付應收賬款 | | | | | | | | | | | | | |
Without recourse
|
| | | $ | 702,432 | | | | | $ | 1,886,591 | | |
With recourse
|
| | | | 580 | | | | | | 11,000 | | |
| | | | | 703,012 | | | | | | 1,897,591 | | |
Advances
|
| | | | (202,000) | | | | | | (1,209,300) | | |
Credits due customers
|
| | | | (84,787) | | | | | | (98,269) | | |
Due from factor
|
| | | $ | 416,226 | | | | | $ | 590,022 | | |
| | |
September 30,
2022 |
| |
December 31,
2021 |
| ||||||
Raw materials
|
| | | $ | 1,422,049 | | | | | $ | 1,746,722 | | |
Work in progress
|
| | | | 1,588,803 | | | | | | 1,951,549 | | |
Finished goods
|
| | | | 992,301 | | | | | | 1,218,857 | | |
Inventory
|
| | | $ | 4,003,153 | | | | | $ | 4,917,128 | | |
| | |
September 30,
2022 |
| |
December 31,
2021 |
| ||||||
租賃改善和展廳
|
| | | $ | 198,658 | | | | | $ | 198,658 | | |
傢俱和設備
|
| | | | 174,005 | | | | | | 183,005 | | |
Automobiles
|
| | | | 34,220 | | | | | | 34,072 | | |
| | | | | 406,883 | | | | | | 415,735 | | |
減去:累計折舊和攤銷
|
| | | | (294,281) | | | | | | (253,781) | | |
Fixed assets, net
|
| | | $ | 112,602 | | | | | $ | 161,954 | | |
| | |
December 31,
|
| |||||||||
| | |
2020
|
| |
2019
|
| ||||||
ASSETS | | | | | | | | | | | | | |
Current assets: | | | | | | | | | | | | | |
現金和現金等價物
|
| | | $ | 51,315 | | | | | $ | 18,509 | | |
Accounts receivable, net
|
| | | | 38,689 | | | | | | 31,995 | | |
Inventory
|
| | | | 73,690 | | | | | | 42,643 | | |
Other current assets
|
| | | | 54,423 | | | | | | 129,162 | | |
Total current assets
|
| | | | 218,117 | | | | | | 222,309 | | |
Fixed assets, net
|
| | | | 138,040 | | | | | | 221,686 | | |
Intangible assets, net
|
| | | | 2,034 | | | | | | 2,206 | | |
Other assets
|
| | | | 4,416 | | | | | | 15,004 | | |
Total assets
|
| | | $ | 362,607 | | | | | $ | 461,205 | | |
負債和成員赤字 | | | | | | | | | | | | | |
流動負債: | | | | | | | | | | | | | |
Accounts payable
|
| | | $ | 187,516 | | | | | $ | 119,068 | | |
Accrued liabilities
|
| | | | 31,771 | | | | | | 21,297 | | |
其他流動負債
|
| | | | 68,335 | | | | | | 66,437 | | |
應付票據本期部分
|
| | | | 60,941 | | | | | | 147,562 | | |
應付關聯方票據本期部分
|
| | | | — | | | | | | 75,000 | | |
Deferred rent
|
| | | | 19,432 | | | | | | 23,161 | | |
Deferred revenue
|
| | | | 264,802 | | | | | | 286,255 | | |
流動負債總額
|
| | | | 632,797 | | | | | | 738,780 | | |
應付關聯方票據,扣除當期部分
|
| | | | 635,000 | | | | | | 425,000 | | |
應付票據,扣除當期部分
|
| | | | 276,754 | | | | | | 49,441 | | |
Total liabilities
|
| | | | 1,544,551 | | | | | | 1,213,221 | | |
承付款和或有事項(附註8) | | | | | | | | | | | | | |
Members’ deficit: | | | | | | | | | | | | | |
A類會員單位,面值0.00001美元,授權100個,未償還100個
at both December 31, 2020 and 2019 |
| | | | — | | | | | | — | | |
B類會員單位,面值0.00001美元,授權100個;截至2020年12月31日和2019年12月31日,分別有87個和100個未償還單位
|
| | | | — | | | | | | — | | |
新增實收資本
|
| | | | 102,083 | | | | | | 112,565 | | |
Accumulated deficit
|
| | | | (1,284,027) | | | | | | (864,581) | | |
Total members’ deficit
|
| | | | (1,181,944) | | | | | | (752,016) | | |
總負債和成員赤字
|
| | | $ | 362,607 | | | | | $ | 461,205 | | |
| | |
Year Ended December 31,
|
| |||||||||
| | |
2020
|
| |
2019
|
| ||||||
Revenues
|
| | | $ | 2,542,721 | | | | | $ | 3,325,762 | | |
Cost of goods sold
|
| | | | 897,873 | | | | | | 1,202,819 | | |
Gross profit
|
| | | | 1,644,848 | | | | | | 2,122,943 | | |
Operating expenses: | | | | | | | | | | | | | |
一般和行政
|
| | | | 1,044,397 | | | | | | 717,901 | | |
Sales and marketing
|
| | | | 1,163,124 | | | | | | 1,577,478 | | |
總運營費用
|
| | | | 2,207,521 | | | | | | 2,295,379 | | |
Loss from operations
|
| | | | (562,673) | | | | | | (172,436) | | |
Other income (expense): | | | | | | | | | | | | | |
Interest expense
|
| | | | (92,270) | | | | | | (53,955) | | |
債務減免收益
|
| | | | 225,388 | | | | | | — | | |
Other income
|
| | | | 10,109 | | | | | | 50,000 | | |
其他收入(費用)合計,淨額
|
| | | | 143,227 | | | | | | (3,955) | | |
所得税撥備
|
| | | | — | | | | | | — | | |
Net loss
|
| | | $ | (419,446) | | | | | $ | (176,391) | | |
| | |
Class A
Members’ Units |
| |
Class B
Members’ Units |
| |
Additional
Paid-in Capital |
| |
Accumulated
Deficit |
| |
Total
Members’ Deficit |
| |||||||||||||||||||||||||||
| | |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| ||||||||||||||||||||||||||||||
Balances at December 31, 2018
|
| | | | 100 | | | | | $ | — | | | | | | 100 | | | | | $ | — | | | | | $ | 112,565 | | | | | $ | (688,190) | | | | | $ | (575,625) | | |
Net loss
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (176,391) | | | | | | (176,391) | | |
Balances at December 31, 2019
|
| | | | 100 | | | | | $ | — | | | | | | 100 | | | | | $ | — | | | | | $ | 112,565 | | | | | $ | (864,581) | | | | | $ | (752,016) | | |
Contributions
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 771 | | | | | | — | | | | | | 771 | | |
回購會員單位
|
| | | | — | | | | | | — | | | | | | (13) | | | | | | — | | | | | | (11,253) | | | | | | — | | | | | | (11,253) | | |
Net loss
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (419,446) | | | | | | (419,446) | | |
Balances at December 31, 2020
|
| | | | 100 | | | | | $ | — | | | | | | 87 | | | | | $ | — | | | | | $ | 102,083 | | | | | $ | (1,284,027) | | | | | $ | (1,181,944) | | |
| | |
Year Ended December 31,
|
| |||||||||
| | |
2020
|
| |
2019
|
| ||||||
經營活動現金流: | | | | | | | | | | | | | |
Net loss
|
| | | $ | (419,446) | | | | | $ | (176,391) | | |
將淨虧損與經營活動中使用的現金淨額進行調整: | | | | | | | | | | | | | |
折舊及攤銷
|
| | | | 149,568 | | | | | | 82,422 | | |
對應付票據的寬恕收益
|
| | | | (225,388) | | | | | | — | | |
Bad debt expense
|
| | | | 42,078 | | | | | | — | | |
經營性資產和負債變動:
|
| | | | | | | | | | | | |
Accounts receivable, net
|
| | | | (48,772) | | | | | | 968 | | |
Inventory
|
| | | | (31,047) | | | | | | (17,577) | | |
Deposits
|
| | | | — | | | | | | (5,438) | | |
Other assets
|
| | | | 85,327 | | | | | | (66,659) | | |
Accounts payable
|
| | | | 68,448 | | | | | | 79,266 | | |
應計費用和其他流動負債
|
| | | | 12,372 | | | | | | (12,130) | | |
Deferrent rent
|
| | | | (3,729) | | | | | | 12,784 | | |
Deferred revenue
|
| | | | (21,453) | | | | | | 124,162 | | |
經營活動提供(使用)的現金淨額
|
| | | | (392,042) | | | | | | 21,407 | | |
投資活動現金流: | | | | | | | | | | | | | |
購置房產、設備和無形資產
|
| | | | (65,750) | | | | | | (254,437) | | |
投資活動中使用的淨現金
|
| | | | (65,750) | | | | | | (254,437) | | |
融資活動的現金流: | | | | | | | | | | | | | |
應付關聯方票據收益
|
| | | | 210,000 | | | | | | 200,000 | | |
應付票據收益
|
| | | | 382,600 | | | | | | 200,000 | | |
信用額度本金付款
|
| | | | — | | | | | | (160,000) | | |
信用額度收益
|
| | | | 125,000 | | | | | | — | | |
應付票據本金償還
|
| | | | (141,520) | | | | | | — | | |
應付關聯方票據本金付款
|
| | | | (75,000) | | | | | | (2,998) | | |
Member contributions
|
| | | | 771 | | | | | | — | | |
回購會員單位
|
| | | | (11,253) | | | | | | — | | |
融資活動提供的現金淨額
|
| | | | 490,598 | | | | | | 237,002 | | |
現金和現金等價物淨增長
|
| | | | 32,806 | | | | | | 3,972 | | |
年初的現金和現金等價物
|
| | | | 18,509 | | | | | | 14,537 | | |
年終現金和現金等價物
|
| | | $ | 51,315 | | | | | $ | 18,509 | | |
現金流量信息補充披露: | | | | | | | | | | | | | |
繳納所得税的現金
|
| | | $ | — | | | | | $ | — | | |
Cash paid for interest
|
| | | $ | 82,270 | | | | | $ | 53,955 | | |
非現金投融資活動: | | | | | | | | | | | | | |
將信用額度轉換為應付票據
|
| | | $ | 125,000 | | | | | | — | | |
| | |
December 31,
|
| |||||||||
| | |
2020
|
| |
2019
|
| ||||||
租賃改善和展廳
|
| | | $ | 375,677 | | | | | $ | 309,928 | | |
累計攤銷
|
| | | | (237,637) | | | | | | (88,242) | | |
Fixed Assets, net
|
| | | $ | 138,040 | | | | | $ | 221,686 | | |
| | |
December 31,
|
| |||||||||
| | |
2020
|
| |
2019
|
| ||||||
應付銀行票據,本金於2020年11月27日到期,利息為最優惠利率1.75%(截至2019年12月31日為4.75%)
|
| | | $ | — | | | | | $ | 123,917 | | |
應付銀行票據,本金2025年12月到期,利息5.526%
|
| | | | 125,000 | | | | | | — | | |
應付給多數股東的票據,本金於2020年12月31日或之前到期,按月浮動付款,利息為8.5%
|
| | | | — | | | | | | 75,000 | | |
應付給銀行的票據,每月分期付款2,279美元,至2022年11月26日,利息為5.85%
|
| | | | 55,483 | | | | | | 73,086 | | |
PPP和EIDL貸款(條款見下文)
|
| | | | 157,212 | | | | | | — | | |
應付給公司多數股東擁有的公司的票據,於2022年7月10日或之前到期,利息為12%
|
| | | | 635,000 | | | | | | 425,000 | | |
| | | | $ | 972,695 | | | | | $ | 697,003 | | |
Year Ending December 31,
|
| | | | | | |
2021
|
| | | $ | 60,941 | | |
2022
|
| | | | 686,007 | | |
2023
|
| | | | 28,119 | | |
2024
|
| | | | 29,654 | | |
2025
|
| | | | 31,171 | | |
Thereafter
|
| | | | 136,803 | | |
| | | | | 972,695 | | |
減:應付票據的當期部分
|
| | | | (60,941) | | |
Notes payable, long-term
|
| | | $ | 911,754 | | |
|
2021
|
| | | $ | 95,617 | | |
|
2022
|
| | | | 42,996 | | |
| | | | | $ | 138,613 | | |
| | |
December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
ASSETS | | | | | | | | | | | | | |
Current assets:
|
| | | $ | 417,235 | | | | | $ | 733,440 | | |
Cash
|
| | | | | | | | | | | | |
扣除備抵後的應收賬款
|
| | | | 124,342 | | | | | | 179,057 | | |
Due from factor
|
| | | | 590,022 | | | | | | 1,086,405 | | |
Inventory
|
| | | | 4,917,128 | | | | | | 5,747,826 | | |
預付費用和其他流動資產
|
| | | | 219,901 | | | | | | 102,125 | | |
Total current assets
|
| | | | 6,268,628 | | | | | | 7,848,853 | | |
Fixed assets, net
|
| | | | 161,954 | | | | | | 215,805 | | |
Deposits
|
| | | | 19,742 | | | | | | 19,742 | | |
Total assets
|
| | | $ | 6,450,324 | | | | | $ | 8,084,400 | | |
負債和會員權益 | | | | | | | | | | | | | |
流動負債: | | | | | | | | | | | | | |
Accounts payable
|
| | | $ | 1,142,671 | | | | | $ | 1,400,793 | | |
Accrued liabilities
|
| | | | 773,274 | | | | | | 1,213,968 | | |
Loan payable, current
|
| | | | — | | | | | | 308,151 | | |
流動負債總額
|
| | | | 1,915,945 | | | | | | 2,922,912 | | |
應付貸款,扣除當期部分
|
| | | | — | | | | | | 531,020 | | |
Total liabilities
|
| | | | 1,915,945 | | | | | | 3,453,932 | | |
承付款和或有事項(注7) | | | | | | | | | | | | | |
Members’ equity
|
| | | | 4,534,379 | | | | | | 4,630,468 | | |
Total members’ equity
|
| | | | 4,534,379 | | | | | | 4,630,468 | | |
總負債和成員權益
|
| | | $ | 6,450,324 | | | | | $ | 8,084,400 | | |
| | |
Year Ended December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
Net revenues
|
| | | $ | 22,800,825 | | | | | $ | 19,897,696 | | |
Cost of goods sold
|
| | | | 13,638,553 | | | | | | 8,525,612 | | |
Gross profit
|
| | | | 9,162,272 | | | | | | 11,372,084 | | |
Operating expenses: | | | | | | | | | | | | | |
一般和行政
|
| | | | 3,201,811 | | | | | | 2,823,334 | | |
Distribution
|
| | | | 1,080,964 | | | | | | 1,011,431 | | |
Sales and marketing
|
| | | | 4,374,667 | | | | | | 3,790,570 | | |
總運營費用
|
| | | | 8,657,442 | | | | | | 7,625,335 | | |
Income from operations
|
| | | | 504,830 | | | | | | 3,746,749 | | |
其他收入(費用)、淨其他收入
|
| | | | 1,319,899 | | | | | | 10,010 | | |
Interest expense
|
| | | | (70,018) | | | | | | (55,537) | | |
其他收入(費用)合計,淨額
|
| | | | 1,249,881 | | | | | | (45,527) | | |
所得税撥備
|
| | | | 800 | | | | | | 800 | | |
Net income
|
| | | $ | 1,753,911 | | | | | $ | 3,700,422 | | |
| | |
Members’
Equity |
| |||
Balances at December 31, 2019
|
| | | $ | 2,900,046 | | |
Distributions
|
| | | | (1,970,000) | | |
Net income
|
| | | | 3,700,422 | | |
Balances at December 31, 2020
|
| | | | 4,630,468 | | |
Distributions
|
| | | | (1,850,000) | | |
Net income
|
| | | | 1,753,911 | | |
Balances at December 31, 2021
|
| | | $ | 4,534,379 | | |
| | |
Year Ended December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
經營活動現金流: | | | | | | | | | | | | | |
Net income
|
| | | $ | 1,753,911 | | | | | $ | 3,700,422 | | |
將淨收益與經營活動提供的現金淨額進行調整:
|
| | | | | | | | | | | | |
折舊及攤銷
|
| | | | 53,851 | | | | | | 58,423 | | |
Bad debt
|
| | | | 9,976 | | | | | | 91,195 | | |
Other income – PPP forgiveness
|
| | | | (1,319,808) | | | | | | — | | |
經營性資產和負債變動:
|
| | | | | | | | | | | | |
Accounts receivable
|
| | | | 44,740 | | | | | | (144,902) | | |
Due from factor
|
| | | | 363,083 | | | | | | (131,137) | | |
Inventory
|
| | | | 830,698 | | | | | | (2,100,608) | | |
Due from related party
|
| | | | — | | | | | | 92,318 | | |
預付費用和其他流動資產
|
| | | | (117,777) | | | | | | 56,145 | | |
Accounts payable
|
| | | | (258,122) | | | | | | 7,866 | | |
Accrued liabilities
|
| | | | (440,694) | | | | | | 339,329 | | |
經營活動提供的現金淨額
|
| | | | 919,858 | | | | | | 1,969,051 | | |
投資活動現金流: | | | | | | | | | | | | | |
購置物業和設備
|
| | | | — | | | | | | (11,430) | | |
投資活動中使用的淨現金
|
| | | | — | | | | | | (11,430) | | |
融資活動的現金流: | | | | | | | | | | | | | |
應付貸款收益
|
| | | | 480,637 | | | | | | 839,171 | | |
要素預付款(還款),淨額
|
| | | | 133,300 | | | | | | (299,000) | | |
Distributions
|
| | | | (1,850,000) | | | | | | (1,970,000) | | |
用於融資活動的現金淨額
|
| | | | (1,236,063) | | | | | | (1,429,829) | | |
現金和現金等價物淨變化
|
| | | | (316,205) | | | | | | 527,792 | | |
年初的現金和現金等價物
|
| | | | 733,440 | | | | | | 205,648 | | |
年終現金和現金等價物
|
| | | $ | 417,235 | | | | | $ | 733,440 | | |
現金流量信息補充披露: | | | | | | | | | | | | | |
繳納所得税的現金
|
| | | $ | 800 | | | | | $ | 800 | | |
Cash paid for interest
|
| | | $ | 70,018 | | | | | $ | 55,537 | | |
| | |
December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
未付應收賬款 | | | | | | | | | | | | | |
Without recourse
|
| | | $ | 1,886,591 | | | | | $ | 2,129,451 | | |
With recourse
|
| | | | 11,000 | | | | | | 43,948 | | |
| | | | | 1,897,591 | | | | | | 2,173,399 | | |
Advances
|
| | | | (1,209,300) | | | | | | (1,076,000) | | |
Credits due customers
|
| | | | (98,269) | | | | | | (10,994) | | |
Due from factor
|
| | | $ | 590,022 | | | | | $ | 1,086,405 | | |
| | |
December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
Raw materials
|
| | | $ | 1,746,722 | | | | | $ | 2,273,060 | | |
Work in progress
|
| | | | 1,951,549 | | | | | | 2,231,811 | | |
Finished goods
|
| | | | 1,218,857 | | | | | | 1,242,955 | | |
Inventory
|
| | | $ | 4,917,128 | | | | | $ | 5,747,826 | | |
| | |
December 31,
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
租賃改善和展廳
|
| | | $ | 198,658 | | | | | $ | 198,658 | | |
傢俱和設備
|
| | | | 183,005 | | | | | | 183,005 | | |
Automobiles
|
| | | | 34,072 | | | | | | 34,072 | | |
| | | | | 415,735 | | | | | | 415,735 | | |
減去:累計折舊和攤銷
|
| | | | (253,781) | | | | | | (199,930) | | |
Fixed assets, net
|
| | | $ | 161,954 | | | | | $ | 215,805 | | |
|
2022
|
| | | $ | 15,516 | | |
| | | | | $ | 15,516 | | |
| | |
December 31,
2020 |
| |||
ASSETS | | | | | | | |
Current assets: | | | | | | | |
Cash
|
| | | $ | 251,381 | | |
Accounts receivable
|
| | | | 56,926 | | |
Due from factor
|
| | | | 378,880 | | |
Inventory
|
| | | | 386,756 | | |
Due from related parties
|
| | | | 97,472 | | |
預付費用和其他流動資產
|
| | | | 11,036 | | |
Total current assets
|
| | | | 1,182,451 | | |
Fixed assets, net
|
| | | | 17,838 | | |
Deposits
|
| | | | 9,594 | | |
Total assets
|
| | | $ | 1,209,883 | | |
負債和會員權益 | | | | | | | |
流動負債: | | | | | | | |
Accounts payable
|
| | | $ | 289,613 | | |
Accrued liabilities
|
| | | | 23,673 | | |
Loan payable, current
|
| | | | — | | |
流動負債總額
|
| | | | 313,286 | | |
應付貸款,扣除當期部分
|
| | | | — | | |
Total liabilities
|
| | | | 313,286 | | |
承付款和或有事項(附註8) | | | | | | | |
Member’s equity
|
| | | | 896,597 | | |
Total member’s equity
|
| | | | 896,597 | | |
總負債和會員權益
|
| | | $ | 1,209,883 | | |
| | |
Year Ended
December 31, 2020 |
| |||
Net revenues
|
| | | $ | 3,187,512 | | |
Cost of goods sold
|
| | | | 1,485,726 | | |
Gross profit
|
| | | | 1,701,786 | | |
Operating expenses: | | | | | | | |
一般和行政
|
| | | | 1,192,241 | | |
Distribution
|
| | | | 155,483 | | |
Sales and marketing
|
| | | | 838,638 | | |
總運營費用
|
| | | | 2,186,362 | | |
Loss from operations
|
| | | | (484,577) | | |
其他收入(支出),淨額 | | | | | | | |
Other income
|
| | | | 261,035 | | |
Other expenses
|
| | | | — | | |
其他收入(支出)合計,淨額
|
| | | | 261,035 | | |
所得税撥備
|
| | | | 800 | | |
Net loss
|
| | | $ | (224,341) | | |
| | |
Member’s
Equity |
| |||
Balances at December 31, 2019
|
| | | $ | 1,424,263 | | |
Distributions
|
| | | | (303,325) | | |
Net loss
|
| | | | (224,341) | | |
Balances at December 31, 2020
|
| | | $ | 896,597 | | |
| | |
Year Ended
December 31, 2020 |
| |||
經營活動現金流: | | | | | | | |
Net loss
|
| | | $ | (224,341) | | |
將淨虧損與經營活動中使用的現金淨額進行調整: | | | | | | | |
債務減免收益
|
| | | | (251,221) | | |
折舊及攤銷
|
| | | | 55,207 | | |
Non-cash contributions
|
| | | | — | | |
經營性資產和負債變動:
|
| | | | | | |
Accounts receivable
|
| | | | 221,173 | | |
Due from factor
|
| | | | (322,367) | | |
Inventory
|
| | | | 283,467 | | |
預付費用和其他流動資產
|
| | | | 26,663 | | |
Accounts payable
|
| | | | (143,680) | | |
Accrued liabilities
|
| | | | (97,397) | | |
經營活動中使用的淨現金
|
| | | | (452,496) | | |
投資活動現金流: | | | | | | | |
給關聯方的預付款
|
| | | | — | | |
Deposits
|
| | | | (9,594) | | |
投資活動中使用的淨現金
|
| | | | (9,594) | | |
融資活動的現金流: | | | | | | | |
應付貸款收益
|
| | | | 251,221 | | |
Advances from factor
|
| | | | 667,907 | | |
Distributions
|
| | | | (303,325) | | |
融資活動提供的現金淨額
|
| | | | 615,803 | | |
現金和現金等價物淨變化
|
| | | | 153,713 | | |
年初的現金和現金等價物
|
| | | | 97,668 | | |
年終現金和現金等價物
|
| | | $ | 251,381 | | |
現金流量信息補充披露: | | | | | | | |
繳納所得税的現金
|
| | | $ | 800 | | |
Cash paid for interest
|
| | | $ | — | | |
| | |
December 31,
2020 |
| |||
Raw materials
|
| | | $ | 85,966 | | |
Work in progress
|
| | | | 205,253 | | |
Finished goods
|
| | | | 89,131 | | |
寄售庫存
|
| | | | 6,407 | | |
Inventory
|
| | | $ | 386,756 | | |
| | |
December 31,
2020 |
| |||
租賃改善和展廳
|
| | | $ | 196,129 | | |
傢俱和設備
|
| | | | 62,909 | | |
Automobile
|
| | | | 17,000 | | |
| | | | | 276,038 | | |
減去:累計折舊和攤銷
|
| | | | (258,200) | | |
Fixed assets, net
|
| | | $ | 17,838 | | |
|
2021
|
| | | $ | 67,620 | | |
|
2022
|
| | | | — | | |
| | | | | $ | 67,620 | | |