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Balance Sheet - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 38,738,591 $ 43,939,512
Restricted cash - current 454,268
Compensating cash arrangement 250,620
Accounts receivable, net of allowance of $179,913 and $123,614 at 2021 and 2020, respectively 5,405,860 3,515,136
Inventories, net 4,433,394 3,295,457
Prepaid expenses and other current assets 2,356,190 1,716,014
Total current assets 51,388,303 52,716,739
Property and equipment, net 2,631,891 195,129
Restricted cash 951,563
Operating lease right-of-use assets 5,734,775 2,235,442
Other assets 278,154 308,515
Total assets 60,984,686 55,455,825
Current liabilities:    
Short-term debt 1,185,058
Accounts payable 4,188,471 1,608,636
Accrued liabilities 2,528,189 3,209,235
Deferred revenue 6,276,781 5,282,770
Current portion of operating lease liabilities 268,121 2,287,487
Total current liabilities 13,261,562 13,573,186
Long-term debt 973,252
Long-term deferred revenue 2,238,150 548,915
Operating lease liabilities 5,842,456
Other liabilities 218,582 131,231
Total liabilities 21,560,750 15,226,584
Series A - Convertible preferred stock:    
Convertible preferred stock, Series A, par value $0.001; 22,387 and 22,513 shares outstanding at 2021 and 2020, respectively 5,583,768 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, 74,618,240 and 73,694,203 shares issued at 2021 and 2020, respectively 74,618 73,694
Additional paid in capital 532,640,795 522,709,846
Treasury stock, 4,015 shares at 2021 and 2020 (205,999) (205,999)
Accumulated deficit (498,674,856) (487,959,233)
Total stockholders’ equity 33,840,168 34,623,918
Total liabilities and stockholders’ equity $ 60,984,686 $ 55,455,825