XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash $ 2,483,141 $ 3,776,111
Cash, restricted 117,904 0
Accounts receivable, net 2,711,293 1,308,122
Other receivables 3,622,934 1,098,796
Deposits 945,496
Contract Assets 1,442,861 624,275
Inventories, net 4,296,715 4,432,055
Prepaid expenses 250,414 133,847
Total Current Assets 15,870,758 11,373,206
Property and Equipment, net 1,484,471 1,431,649
Operating lease right-of-use asset 1,930,932
Total property and equipment and right of use asset 3,415,403 1,431,649
Other Assets:    
Investments at costs 5,606 5,714
Other intangible assets 153 748
Deposits 347,662 347,932
Total Other Assets 353,421 354,394
Total Assets 19,639,582 13,159,249
Current Liabilities:    
Current maturities of finance lease obligations 6,651 13,789
Current maturities of operating lease liabilities 459,528 0
Accounts payable 5,541,179 2,122,479
Accrued expenses 2,378,961 1,868,229
Contract liabilities 838,246 516,335
Deferred revenue / customers deposits 289,087 98,781
Total Current Liabilities 9,513,652 4,619,613
Operating lease liabilities, net of current maturities 1,504,328 0
Total Long-term Liabilities 1,504,328 0
Total Liabilities 11,017,980 4,619,613
Commitments and Contingencies
Stockholders' Equity:    
Common stock; par value $0,001, 25,000,000 shares authorized 18,302,880 and 18,228,887 (each after the 4-to-1 reverse stock split) shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 18,303 18,229
Additional paid-in capital 46,849,057 46,575,986
Accumulated deficit (32,251,980) (32,286,224)
Deferred compensation (35,000) (23,499)
Other comprehensive income, net (5,958,778) (5,744,856)
Total Stockholders' Equity 8,621,602 8,539,636
Total Liabilities and Stockholders' Equity $ 19,639,582 $ 13,159,249