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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 3,055,894 $ 4,572,487
Accounts receivable, net 772,914 373,858
Inventory, net 567,422 543,747
Prepaid expenses and other current assets 178,356 292,918
Total current assets 4,574,586 5,783,010
Property and equipment, net 197,502 1,221,827
Finance lease right-of-use assets, net 984,742 0
Operating lease right-of-use assets 1,381,830 0
Goodwill 600,814 600,814
Intangible assets, net 951,458 1,085,366
Other noncurrent assets 241,182 259,346
Total assets 8,932,114 8,950,363
Current liabilities    
Accounts payable 1,258,908 1,623,751
Accrued compensation and benefits 1,190,500 1,041,573
Accrued liabilities 820,667 902,019
Deferred revenue 9,993 15,824
Short-term notes payable 343,330 398,595
Short-term finance lease liabilities 576,322 399,345
Short-term operating lease liabilities 958,992 0
Total current liabilities 5,158,712 4,381,107
Deferred rent 0 162,919
Note payable 494,897 660,340
Warrant liability 0 67
Long-term finance lease liabilities 379,825 437,189
Long-term operating lease liabilities 1,071,677 0
Total liabilities 7,105,111 5,641,622
Commitments (Note 9)
Stockholders' equity    
Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued and outstanding at June 30, 2019 and December 31, 2018, respectively 0 0
Common stock, $0.01 par value; 50,000,000 shares authorized; 17,645,720 and 8,645,720 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively 176,457 86,457
Additional paid-in capital 170,190,415 165,313,902
Accumulated deficit (168,524,652) (162,078,525)
Accumulated other comprehensive loss (15,217) (13,093)
Total stockholders’ equity 1,827,003 3,308,741
Total liabilities and stockholders’ equity $ 8,932,114 $ 8,950,363