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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 26,389,021 $ 12,232,418
Grants and accounts receivable, net of allowance for doubtful accounts of $149,841 at March 31, 2020 and $145,313 at December 31, 2019 5,395,510 4,467,087
Inventories 1,967,174 2,113,897
Prepaid expenses and other current assets 3,777,526 2,088,127
Total current assets 37,529,231 20,901,529
Property and equipment, net 1,993,911 1,925,325
Right of use asset 970,182 1,070,762
Other assets 3,733,172 3,484,894
Total Assets 44,226,496 27,382,510
Current Liabilities:    
Accounts payable 1,770,440 2,039,222
Current maturities of long-term debt 4,166,667 1,666,666
Lease liability - current portion 442,865 428,083
Accrued expenses and other current liabilities 5,084,308 5,802,296
Total current liabilities 11,464,280 9,936,267
Long term debt, net of current maturities and debt issuance costs 10,921,389 13,385,522
Lease liability, net of current portion 527,317 642,679
Total Liabilities 22,912,986 23,964,468
Commitments and Contingencies (Note 6)
Stockholders' Equity:    
Preferred Stock, Par Value $0.001, 5,000,000 shares authorized; -0- shares issued and outstanding at March 31, 2020 and December 31, 2019 0 0
Common Stock, Par Value $0.001, 100,000,000 shares authorized; 36,130,355 and 32,616,107 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 36,130 32,616
Additional paid-in capital 212,383,812 191,648,907
Accumulated other comprehensive income 1,135,806 525,978
Accumulated deficit (192,242,238) (188,789,459)
Total Stockholders' Equity 21,313,510 3,418,042
Total Liabilities and Stockholders' Equity $ 44,226,496 $ 27,382,510