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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 7,619,748 $ 8,432,600
Short-term investments available-for-sale, at fair value 25,410,222 22,681,049
Accounts receivable 3,164,176 5,012,678
Inventory, net of allowance of $39,403 at both December 31, 2019 and December 31, 2018 1,269,667 1,306,609
Restricted cash, current 3,270,247  
Prepaid expenses and other 633,522 519,002
Total current assets 41,367,582 37,951,938
Restricted cash, non-current   3,270,247
Operating lease right-of-use assets 1,209,145  
Property and equipment, net 2,240,133 2,373,790
Other non-current assets 302,409 175,305
Total assets 45,119,269 43,771,280
Current liabilities:    
Accounts payable 1,662,583 1,849,921
Accrued liabilities 1,870,296 3,358,465
Contract liabilities - current 426,014 332,711
NuvoGen obligation - current 1,152,233 1,290,234
Convertible note - current, net of debt issuance costs 2,987,667  
Operating lease liabilities - current 758,932  
Other current liabilities 41,134 186,043
Total current liabilities 8,898,859 7,017,374
NuvoGen obligation - non-current, net of discount 4,498,777 5,702,519
Convertible note - non-current, net of debt issuance costs   2,974,213
MidCap Term Loan payable - net of discount and debt issuance costs 6,871,545 6,704,641
Operating lease liabilities - non-current 636,340  
Other non-current liabilities 244,114 280,471
Total liabilities 21,149,635 22,679,218
Commitments and Contingencies (Note 15)
Stockholders’ equity:    
Common stock, $0.001 par value; 200,000,000 shares authorized at December 31, 2019 and December 31, 2018, 58,090,233 shares issued and outstanding at December 31, 2019 and 28,585,449 shares issued and outstanding at December 31, 2018 58,090 28,585
Additional paid-in-capital 194,234,151 172,086,909
Accumulated other comprehensive loss (4,964) (3,453)
Accumulated deficit (170,317,643) (151,019,979)
Total stockholders’ equity 23,969,634 21,092,062
Total liabilities and stockholders' equity $ 45,119,269 $ 43,771,280