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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 10,291,532 $ 1,847,171
Accounts receivable, net 591,492 809,540
Inventory, net 509,057 533,425
Prepaid expenses and other current assets 237,997 311,644
Total current assets 11,630,078 3,501,780
Property and equipment, net 828,120 835,537
Goodwill 600,814 600,814
Intangible assets, net 1,286,228 1,353,182
Other noncurrent assets 266,112 328,601
Total assets 14,611,352 6,619,914
Current liabilities    
Accounts payable 1,443,857 1,691,712
Accrued compensation and benefits 1,003,418 746,924
Accrued liabilities 1,098,986 1,160,714
Deferred revenue 23,040 24,442
Short-term notes payable 983,131 1,010,961
Current maturities of long-term capital lease obligation 191,755 154,839
Total current liabilities 4,744,187 4,789,592
Deferred rent 261,791 290,719
Warrant liability 287 8,453
Long-term capital lease obligation and other noncurrent liabilities 305,163 130,153
Total liabilities 5,311,428 5,218,917
Commitments (Note 9)
Stockholders' equity    
Common stock, $0.01 par value; 50,000,000 shares authorized; 5,289,919 and 2,265,320 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively 52,899 22,653
Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued and outstanding at March 31, 2018 and December 31, 2017, respectively 0 0
Additional paid-in capital 161,044,015 150,114,671
Accumulated other comprehensive loss (38,479) (25,900)
Accumulated deficit (151,758,511) (148,710,427)
Total stockholders’ equity 9,299,924 1,400,997
Total liabilities and stockholders’ equity $ 14,611,352 $ 6,619,914