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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 10,275,654 $ 36,080,392
Accounts receivable, net 665,313 1,172,396
Inventory 771,864 1,239,456
Prepaid expenses and other current assets 1,678,729 1,250,331
Total current assets 13,391,560 39,742,575
Property and equipment, net 3,054,990 4,011,748
Finance lease right-of-use assets, net 4,347 90,467
Operating lease right-of-use assets 1,472,934 1,814,396
Goodwill 7,453,007
Intangible assets, net 12,001,036 14,530,209
Strategic inventory, net 2,614,805 3,472,337
Other noncurrent assets 419,495 551,794
Total assets 32,959,167 71,666,533
Current liabilities    
Accounts payable 682,592 1,307,081
Accrued compensation and benefits 1,391,145 1,621,788
Accrued liabilities 1,046,865 1,965,845
Deferred revenue 194,960
Current maturities of long-term debt 8,342,715 14,519,113
Short-term finance lease liabilities 6,748 43,150
Short-term operating lease liabilities 346,629 459,792
Total current liabilities 12,011,654 19,916,769
Long-term debt, net 4,108,421 7,176,251
Long-term finance lease liabilities 1,121 3,644
Long-term operating lease liabilities 2,631,957 2,977,402
Derivative liabilities 146,207 228,589
Other long-term liabilities 121,496 146,798
Total liabilities 19,020,856 30,449,453
Commitments and contingencies (Note 8)
Stockholders’ equity    
Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued and outstanding at September 30, 2022 and December 31, 2021
Common stock, $0.01 par value; 100,000,000 shares authorized; 48,338,500 and 46,450,250 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 483,386 464,503
Additional paid-in capital 277,406,700 275,708,490
Accumulated deficit (262,289,652) (235,541,539)
Accumulated other comprehensive (loss) income (1,662,123) 585,626
Total stockholders’ equity 13,938,311 41,217,080
Total liabilities and stockholders’ equity $ 32,959,167 $ 71,666,533