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Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 42,054,296 $ 43,939,512
Restricted cash - current 1,484,018
Compensating cash arrangement 251,232 250,620
Accounts receivable, net of allowance of $154,727 and $123,614 at 2021 and 2020, respectively 4,651,804 3,515,136
Inventories, net 4,146,691 3,295,457
Prepaid expenses and other current assets 2,646,806 1,716,014
Total current assets 55,234,847 52,716,739
Property and equipment, net 291,578 195,129
Restricted cash 382,813
Operating lease right-of-use assets 1,143,355 2,235,442
Other assets 283,093 308,515
Total assets 57,335,686 55,455,825
Current liabilities:    
Short-term debt 1,185,058
Accounts payable 1,124,178 1,608,636
Accrued liabilities 2,857,479 3,209,235
Deferred revenue 8,284,600 5,282,770
Current portion of operating lease liabilities 1,169,378 2,287,487
Total current liabilities 13,435,635 13,573,186
Long-term debt 973,252
Long-term deferred revenue 1,648,792 548,915
Other liabilities 206,596 131,231
Total liabilities 15,291,023 15,226,584
Series A - Convertible preferred stock:    
Convertible preferred stock, Series A, par value $0.001; 22,407 and 22,513 shares outstanding at 2021 and 2020, respectively 5,578,181 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, 74,428,865 and 73,694,203 shares issued at 2021 and 2020, respectively 74,429 73,694
Additional paid in capital 527,294,470 522,709,846
Treasury stock, 4,015 shares at 2021 and 2020 (205,999) (205,999)
Accumulated deficit (490,702,028) (487,959,233)
Total stockholders’ equity 36,466,482 34,623,918
Total liabilities and stockholders’ equity $ 57,335,686 $ 55,455,825