XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 44,006,162 $ 30,182,115
Accounts receivable, net of allowance of $412,813 and $380,212 at 2020 and 2019, respectively 3,041,100 5,329,577
Inventories, net 4,576,078 1,847,530
Prepaid expenses and other current assets 1,611,504 1,470,922
Total current assets 53,234,844 38,830,144
Property and equipment, net 263,039 250,443
Operating lease right-of-use assets 3,282,783 4,286,064
Other assets 269,542 218,103
Total assets 57,050,208 43,584,754
Current liabilities:    
Short-term debt 2,158,310
Accounts payable 1,571,679 2,099,097
Accrued liabilities 2,401,625 2,721,104
Deferred revenue 5,456,595 5,092,455
Current portion of operating lease liabilities 2,265,546 2,248,189
Total current liabilities 13,853,755 12,160,845
Long-term deferred revenue 508,772 554,258
Operating lease liabilities 1,069,090 2,089,537
Other liabilities 255,517 255,517
Total liabilities 15,687,134 15,060,157
Series A - Convertible preferred stock:    
Convertible preferred stock, Series A, par value $0.001; 22,813 and 23,110 shares outstanding at 2020 and 2019, respectively 5,682,141 5,758,190
Stockholders’ equity:    
Convertible preferred stock, Series B, par value $0.001; 10,000,000 shares authorized, 5,610,121 shares outstanding at 2020 and 2019 5,610 5,610
Common stock, par value $0.001; 300,000,000 shares authorized, 73,030,824 and 68,529,623 shares issued at 2020 and 2019, respectively 73,031 68,530
Additional paid in capital 521,013,702 504,211,040
Treasury stock, 4,015 shares at 2020 and 2019 (205,999) (205,999)
Accumulated deficit (485,205,411) (481,312,774)
Total stockholders’ equity 35,680,933 22,766,407
Total liabilities and stockholders’ equity $ 57,050,208 $ 43,584,754