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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 7,039,375 $ 7,440,030
Accounts receivable, net 666,765 514,372
Inventory, net 1,577,762 1,345,137
Prepaid expenses and other current assets 1,455,815 1,355,949
Total current assets 10,739,717 10,655,488
Property and equipment, net 3,666,823 3,457,531
Finance lease right-of-use assets, net 2,671 3,500
Operating lease right-of-use assets 2,139,974 1,459,413
Intangible assets, net 7,398,333 7,440,974
Strategic inventory, net 2,066,795 2,300,614
Other noncurrent assets 497,055 495,629
Total assets 26,511,368 25,813,149
Current liabilities    
Accounts payable 266,637 420,821
Accrued compensation and benefits 1,424,602 1,097,654
Accrued liabilities 1,436,014 1,526,204
Deferred revenue 46,003 142,061
Current maturities of long-term debt 4,959,417 7,023,901
Short-term finance lease liabilities 2,803 3,364
Short-term operating lease liabilities 500,994 377,626
Total current liabilities 8,636,470 10,591,631
Long-term debt, net 5,358,433 4,850,686
Long-term finance lease liabilities 280
Long-term operating lease liabilities 3,121,433 2,566,138
Derivative liabilities 88,635 99,498
Other long-term liabilities 129,213 129,368
Total liabilities 17,334,184 18,237,601
Commitments and contingencies (Note 8)
Stockholders’ equity    
Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued and outstanding at March 31, 2023 and December 31, 2022
Common stock, $0.01 par value; 100,000,000 shares authorized; 5,495,546 and 2,899,911 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 54,955 28,999
Additional paid-in capital 288,326,377 281,167,161
Accumulated deficit (278,561,375) (272,824,772)
Accumulated other comprehensive loss (642,773) (795,840)
Total stockholders’ equity 9,177,184 7,575,548
Total liabilities and stockholders’ equity $ 26,511,368 $ 25,813,149