XML 16 R5.htm IDEA: XBRL DOCUMENT v3.19.2
Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income $ (1,311,684) $ 1,740,180
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 107,494 140,989
Stock-based compensation 64,026 371,917
Inventory Write-down 2,595,884 0
Changes in operating assets and liabilities:    
Accounts receivable 356,287 1,288,332
Inventories (1,207,451) (281,617)
Prepaid expenses and other current and long-term assets (239,749) 609,358
Accounts payable (287,260) 66,480
Accrued expenses 416,745 (93,651)
Increase (Decrease) in Accrued Product Returns (360,051) (645,938)
Increase (Decrease) in Contract with Customer, Liability (1,956,522) 0
Net Cash Provided by (Used in) Operating Activities (1,822,281) 3,196,050
Cash flows from investing activities:    
Purchases of fixed assets (7,587) (130,816)
Net Cash Provided by (Used in) Investing Activities (7,587) (130,816)
Cash flows from financing activities:    
Net proceeds from issuance of stock and warrants 7,497 0
Net Cash Provided by (Used in) Financing Activities 7,497 0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (1,822,371) 3,065,234
Cash and cash equivalents, end of period 4,958,058  
Supplemental disclosure of cash flow information:    
Common stock issued to settle employee incentive compensation obligation 0 294,264
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 4,958,058 $ 7,108,915