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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 4,854,031 $ 4,117,324
Accounts receivable, net 469,954 542,420
Inventory, net 461,129 692,368
Prepaid expenses and other current assets 340,923 329,646
Total current assets 6,126,037 5,681,758
Property and equipment, net 750,090 800,723
Goodwill 600,814 600,814
Intangible assets, net 1,420,136 1,620,998
Other noncurrent assets 321,592 279,752
Total assets 9,218,669 8,984,045
Current liabilities    
Accounts payable 1,939,175 2,232,563
Accrued compensation and benefits 902,892 578,480
Accrued liabilities 857,024 1,215,283
Deferred revenue 31,239 37,397
Short-term notes payable 1,100,012 1,023,815
Current maturities of long-term capital lease obligation 160,485 184,399
Total current liabilities 4,990,827 5,271,937
Deferred rent 319,273 398,084
Warrant liability 28,378 0
Long-term capital lease obligation and other noncurrent liabilities 119,764 146,543
Total liabilities 5,458,242 5,816,564
Commitments (Note 8)
Stockholders' equity    
Common stock, $0.01 par value; 200,000,000 shares authorized; 51,964,878 and 25,304,270 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively 519,648 253,042
Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued and outstanding at September 30, 2017 and December 31, 2016, respectively 0 0
Additional paid-in capital 148,994,194 136,199,382
Accumulated other comprehensive (loss)/income (7,649) 6,176
Accumulated deficit (145,745,766) (133,291,119)
Total stockholders’ equity 3,760,427 3,167,481
Total liabilities and stockholders’ equity $ 9,218,669 $ 8,984,045