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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2018
Summary Of Significant Accounting Policies [Abstract]  
Schedule Of Revenue Disaggregated By Type



 

 

 

 

 

 



 

Three months ended March 31,



 

2018

 

2017

Systems

$

17,275 

 

$

218,895 

 

Disposables, service and accessories

 

6,954,357 

 

 

6,758,777 

 

Total revenue

$

6,971,632 

 

$

6,977,672 

 



Summary Of Contract Assets And Liabilities



 

 

 

 

 

 



 

March 31,

 

 

December 31,

 



 

2018

 

 

2017

 

Contract Assets - Unbilled Receivables

$

55,341 

 

$

2,917 

 



 

 

 

 

 

 

 Product shipped, revenue deferred

$

940,665 

 

$

941,724 

 

 Deferred service and license fees

 

6,756,049 

 

 

5,372,908 

 

 Total deferred revenue

 

7,696,714 

 

 

6,314,632 

 

 Less: Long-term deferred revenue

 

(560,649)

 

 

(611,863)

 

 Total current deferred revenue

$

7,136,065 

 

$

5,702,769 

 



 

 

 

 

 

 



Computation Of Basic And Diluted EPS



 

 

 

 

 

 

 



 

Three months ended March 31,

 



 

2018

 

2017

 

Net income

$

1,435,229 

 

$

1,176,967 

 

 

Cumulative dividend on convertible preferred stock

 

(353,589)

 

 

(363,188)

 

 

Net income attributable to convertible preferred stockholders

$

(610,280)

 

$

(509,323)

 

 

Net income attributable to common stockholders

 

471,360 

 

 

304,456 

 

 

Shares used for basic EPS-weighted average shares

 

30,957,648 

 

 

22,318,000 

 

 

Restricted Stock Units

 

292,891 

 

 

13,683 

 

 

Warrants

 

1,872,059 

 

 

 —

 

 

Weighted average number of common shares and equivalents:

 

33,122,598 

 

 

22,331,683 

 

 

Basic EPS

$

0.02 

 

$

0.01 

 

 

Diluted EPS

$

0.01 

 

$

0.01