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Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 22,397,812 $ 7,619,748
Short-term investments available-for-sale, at fair value 6,298,075 25,410,222
Restricted cash   3,270,247
Accounts receivable 1,588,767 3,164,176
Inventory, net of allowance of $26,052 at December 31, 2020 and $39,403 at December 31, 2019 1,492,126 1,269,667
Prepaid expenses and other 1,094,273 633,522
Total current assets 32,871,053 41,367,582
Operating lease right-of-use assets 1,009,097 1,209,145
Property and equipment, net 1,227,402 2,240,133
Other non-current assets 90,356 302,409
Total assets 35,197,908 45,119,269
Current liabilities:    
Accounts payable 1,348,762 1,662,583
Accrued liabilities 1,459,878 1,870,296
Contract liabilities - current 185,083 426,014
NuvoGen obligation - current 512,729 1,152,233
Current portion of long-term debt, net 3,022,139 2,987,667
Operating lease liabilities - current 685,220 758,932
Other current liabilities 22,563 41,134
Total current liabilities 7,236,374 8,898,859
NuvoGen obligation - non-current, net of discount 4,479,396 4,498,777
Long-term debt, net of current portion and discount and debt issuance costs 8,568,308 6,871,545
Operating lease liabilities - non-current 368,682 636,340
Other non-current liabilities 60,488 244,114
Total liabilities 20,713,248 21,149,635
Commitments and Contingencies (Note 15)
Stockholders’ equity:    
Series A convertible preferred stock, $0.001 par value; 23,770 shares authorized, issued and outstanding at December 31, 2020 and no shares authorized, issued or outstanding at December 31, 2019 24  
Common stock, $0.001 par value; 26,666,667 shares authorized at December 31, 2020 and December 31, 2019, 5,199,997 shares issued and outstanding at December 31, 2020 and 3,872,682 shares issued and outstanding at December 31, 2019 5,200 3,873
Additional paid-in-capital 205,661,999 194,288,368
Accumulated other comprehensive income (loss) 5,298 (4,964)
Accumulated deficit (191,187,861) (170,317,643)
Total stockholders’ equity 14,484,660 23,969,634
Total liabilities and stockholders' equity $ 35,197,908 $ 45,119,269