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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 4,572,487 $ 1,847,171
Accounts receivable, net 373,858 809,540
Inventory, net 543,747 533,425
Prepaid expenses and other current assets 292,918 311,644
Total current assets 5,783,010 3,501,780
Property and equipment, net 1,221,827 835,537
Goodwill 600,814 600,814
Intangible assets, net 1,085,366 1,353,182
Other noncurrent assets 259,346 328,601
Total assets 8,950,363 6,619,914
Current liabilities    
Accounts payable 1,623,751 1,691,712
Accrued compensation and benefits 1,041,573 746,924
Accrued liabilities 902,019 1,160,714
Deferred revenue 15,824 24,442
Short-term notes payable 398,595 1,010,961
Current maturities of long-term capital lease obligation 399,345 154,839
Total current liabilities 4,381,107 4,789,592
Deferred rent 162,919 290,719
Note payable 660,340 0
Warrant liability 67 8,453
Long-term capital lease obligation and other noncurrent liabilities 437,189 130,153
Total liabilities 5,641,622 5,218,917
Commitments (Note 9)
Stockholders' equity    
Common stock, $0.01 par value; 50,000,000 shares authorized; 8,645,720 and 2,265,320 shares issued and outstanding at December 31, 2018 and December 31, 2017, respectively 86,457 22,653
Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued and outstanding at December 31, 2018 and December 31, 2017, respectively 0 0
Additional paid-in capital 165,313,902 150,114,671
Accumulated other comprehensive loss (13,093) (25,900)
Accumulated deficit (162,078,525) (148,710,427)
Total stockholders’ equity 3,308,741 1,400,997
Total liabilities and stockholders’ equity $ 8,950,363 $ 6,619,914