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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2019
Accounting Policies [Abstract]  
Schedule of Revenue Disaggregated by Type

    Three Months Ended March 31,  
    2019     2018  
Systems   $ 58,051     $ 17,275  
Disposables, service and accessories     6,710,759       6,954,357  
Sublease     241,065        
Total revenue   $ 7,009,875     $ 6,971,632  

Summary of Contract Assets and Liabilities

The following information summarizes the Company’s contract assets and liabilities:

 

    March 31, 2019     December 31, 2018  
Contract Assets - Unbilled Receivables   $ 268,711     $ 251,867  
                 
Customer deposits     428,595       487,086  
Product shipped, revenue deferred     645,199       645,199  
Deferred service and license fees     4,976,628       5,100,402  
Total deferred revenue     6,050,422       6,232,687  
Less: Long-term deferred revenue     (404,607 )     (407,151 )
Total current deferred revenue   $ 5,645,815     $ 5,825,536  

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted EPS:

 

    Three months ended March 31,  
    2019     2018  
Net income (loss)   $ (2,122,820 )   $ 1,435,229  
Cumulative dividend on convertible preferred stock     (353,510 )     (353,589 )
Net loss attributable to convertible preferred stock           (610,280 )
Net income (loss) attributable to common stockholders   $ (2,476,330 )   $ 471,360  
                 
Share used for basic EPS-weighted average shares     59,196,652       30,957,648  
Restricted Stock Units           292,891  
Warrants           1,872,059  
Weighted average number of common shares and equivalents:     59,196,652       33,122,598  
Basic EPS   $ (0.04 )   $ 0.02  
Diluted EPS   $ (0.04 )   $ 0.01