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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 7,370,678 $ 12,524,551
Accounts receivable, net of allowance for doubtful accounts of $ 42,000 at March 31, 2019 and December 31, 2018 7,717,865 7,373,971
Inventories, net 9,855,824 7,851,222
Prepaid expenses and other current assets 2,242,264 702,010
TOTAL CURRENT ASSETS 27,186,631 28,451,754
FIXED ASSETS:    
Property, plant and equipment, net 3,204,543 2,873,920
Operating lease right-of-use asset 5,807,458 0
FIXED ASSETS 9,012,001 2,873,920
OTHER ASSETS:    
Intangible assets, net 3,772,226 3,884,831
Goodwill 4,854,946 4,983,127
Deposits and other assets 770,653 717,551
OTHER ASSETS 9,397,825 9,585,509
TOTAL ASSETS 45,596,457 40,911,183
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 6,373,927 5,888,681
Deferred revenue 200,000 422,905
Current portion of operating lease liability 514,118 0
Current portion of note payable 207,694 207,694
TOTAL CURRENT LIABILITIES 7,295,739 6,519,280
OTHER LIABILITIES:    
Note payable 141,508 171,821
Operating lease liability 6,466,603 0
Deferred tax liability 631,673 892,308
TOTAL LIABILITIES 14,535,523 7,583,409
COMMITMENTS AND CONTINGENCIES (Note 6)
STOCKHOLDERS' EQUITY:    
Preferred stock - 10,000,000 shares authorized; none outstanding 0 0
Common stock - $.01 par value; 100,000,000 shares authorized; 17,166,459 shares issued and outstanding at March 31, 2019 and December 31, 2018 171,664 171,664
Additional paid-in capital 91,301,295 90,953,788
Accumulated deficit (60,726,407) (57,909,874)
Accumulated other comprehensive income 314,382 112,196
TOTAL STOCKHOLDERS' EQUITY 31,060,934 33,327,774
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 45,596,457 $ 40,911,183