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Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 42,452,713 $ 43,939,512
Restricted cash - current 1,336,000
Compensating cash arrangement 250,919 250,620
Accounts receivable, net of allowance of $122,570 and $123,614 at 2021 and 2020, respectively 7,290,762 3,515,136
Inventories, net 3,536,300 3,295,457
Prepaid expenses and other current assets 1,674,554 1,716,014
Total current assets 56,541,248 52,716,739
Property and equipment, net 202,504 195,129
Restricted cash 93,331
Operating lease right-of-use assets 1,695,664 2,235,442
Other assets 284,946 308,515
Total assets 58,817,693 55,455,825
Current liabilities:    
Short-term debt 1,914,692 1,185,058
Accounts payable 2,270,432 1,608,636
Accrued liabilities 2,578,298 3,209,235
Deferred revenue 8,188,296 5,282,770
Current portion of operating lease liabilities 1,734,699 2,287,487
Total current liabilities 16,686,417 13,573,186
Long-term debt 243,617 973,252
Long-term deferred revenue 1,328,272 548,915
Other liabilities 210,096 131,231
Total liabilities 18,468,402 15,226,584
Series A - Convertible preferred stock:    
Convertible preferred stock, Series A, par value $0.001; 22,408 and 22,513 shares outstanding at 2021 and 2020, respectively 5,578,437 5,605,323
Stockholders’ equity:    
Convertible preferred stock, Series B, par value $0.001; 10,000,000 shares authorized, 5,610,121 shares outstanding at 2021 and 2020 5,610 5,610
Common stock, par value $0.001; 300,000,000 shares authorized,74,089,659 and 73,694,203 shares issued at 2021 and 2020, respectively 74,090 73,694
Additional paid in capital 524,388,783 522,709,846
Treasury stock, 4,015 shares at 2021 and 2020 (205,999) (205,999)
Accumulated deficit (489,491,630) (487,959,233)
Total stockholders’ equity 34,770,854 34,623,918
Total liabilities and stockholders’ equity $ 58,817,693 $ 55,455,825