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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 6,975,080 $ 8,432,600
Short-term investments available-for-sale, at fair value 18,056,673 22,681,049
Accounts receivable 3,349,850 5,012,678
Inventory, net of allowance of $39,403 at both March 31, 2019 and December 31, 2018 1,179,041 1,306,609
Prepaid expenses and other 557,521 568,209
Total current assets 30,118,165 38,001,145
Restricted cash 3,270,247 3,270,247
Deferred offering costs 198,088 59,030
Deferred MidCap revolving loan costs 63,099 67,068
Operating lease right-of-use assets 621,429  
Property and equipment, net 2,141,107 2,373,790
Total assets 36,412,135 43,771,280
Current liabilities:    
Accounts payable 1,414,478 1,849,921
Accrued liabilities 1,329,686 3,358,465
Contract liabilities - current 246,009 332,711
NuvoGen obligation - current 1,232,884 1,290,234
Operating lease liabilities - current 478,804  
Other current liabilities 79,091 186,043
Total current liabilities 4,780,952 7,017,374
NuvoGen obligation - non-current, net of discount 5,292,769 5,702,519
Convertible note, related party - net of debt issuance costs 2,977,577 2,974,213
MidCap Term Loan payable - net of discount and debt issuance costs 6,739,815 6,704,641
Operating lease liabilities - non-current, net of discount 441,338  
Other non-current liabilities 148,751 280,471
Total liabilities 20,381,202 22,679,218
Commitments and Contingencies (Note 17)
Stockholders’ equity:    
Common stock, $0.001 par value; 200,000,000 shares authorized at March 31, 2019 and December 31, 2018, 28,616,633 shares issued and outstanding at March 31, 2019 and 28,585,449 shares issued and outstanding at December 31, 2018 28,616 28,585
Additional paid-in-capital 172,386,803 172,086,909
Accumulated other comprehensive income (loss) 6,339 (3,453)
Accumulated deficit (156,390,825) (151,019,979)
Total stockholders’ equity 16,030,933 21,092,062
Total liabilities and stockholders' equity $ 36,412,135 $ 43,771,280